7 Jul 2015
The House of Lords last night debated whether to change the definition of social investment and whether to force charities undertaking social investment to get professional financial advice.
Diminishing public funds and emerging social needs will render the business models of medium sized charities unfit for purpose, a Charity Finance Group conference heard yesterday.
The Charity Commission and the Conservative government have “sullied the UK’s reputation for exemplary regulation of civil society” by limiting charities’ right to campaign, a former Commission board member has said.
Commission saw a 60 per cent year-on-year increase in the number of
statutory inquiries it opened, according to its annual report and
accounts for the year to March 2015, published yesterday.
They need to look outside their own organisation and look at others who are doing similar work to see if they are doing it better or more efficiently. If they are, that doesn't mean they should immediately close or seek to merge but it does mean that something needs to change.
The Charity Commission has asked charities to report whether they have tested their financial controls in their annual returns. Sudhir Singh examines the pros and cons of this requirement.
Breast Cancer Now has reduced staff numbers by a quarter since the merger, through a mix of redundancy and "natural turnover", in a bid not to duplicate job roles.
A charity has been ordered to seek independent advice on reclaiming £130,000 of missing income after a former trustee used the charity’s bank account for an “external project”.
16 Sep 2015
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