Charity leaders are invited to share feedback on how they are using the Charity Investment Governance Principles (CIGPs).
Launched in January, the CIGPs were developed by sector experts and umbrella bodies to reflect the outcomes of the Butler-Sloss case and complement the Charity Commission’s CC14 guidance and Charity Governance Code.
The seven principles – purpose of investments; leadership; integrity; decision-making, risk and control; effectiveness; equity, diversity and inclusion; and openness and accountability – aim to give charity leaders greater clarity and confidence when making investment-related decisions.
The CIGP steering group, which includes organisations such as Charity Finance Group (CFG) and NCVO, is now seeking to understand how the principles are being used in practice.
It has asked charity trustees, staff and committee members involved in investment governance to complete a short survey to help shape the next phase of the principles’ development.
Richard Sagar, head of policy at CFG, said: “The successful launch of the CIGPs demonstrated what our sector can achieve when we collaborate with a clear purpose.
“As we said at launch, our commitment to supporting excellence in financial leadership doesn’t stop there.
“The launch of the CIGPs was just the beginning. We designed them with input from over 100 charities, but the real test is how they’re working in practice across the diversity of organisations in England and Wales.”
Sagar said the feedback will help understand how helpful the principles are, where extra guidance or resources might be needed and case studies of how the principles are used.
“The insights we gather will ensure they remain a practical, relevant tool for all charity leaders making investment decisions,” he added.
The survey closes at midnight on 12 December and can be found here.
