Charity sector experts launch project to develop investment principles for trustees  

07 Dec 2023 News


Charity sector experts have announced that they will develop investment governance principles to support trustees when making decisions about charity investments.

Yesterday, Charity Finance Group (CFG) unveiled the Charity Investment Governance Principles project, which will “explore best practice in decision-making around charity investments”, and will “draw on the experiences of charities across England and Wales”.

The principles, which are expected to be published next summer, will reflect the outcomes of the Butler-Sloss case and will supplement the Charity Commission’s CC14 guidance and the Charity Governance Code. 

The project will be led by independent consultant Gail Cunningham, and steered by representatives from the Association of Charitable Foundations, CFG, NCVO, the Secretariat of the Charities Responsible Investment Network and Wales Council for Voluntary Action. 

The steering group will be joined by expert advisers from Bates Wells, Farrer & Co and the Institute of Chartered Accountants for England and Wales while the Social Justice Collective and Social Investment Consultancy will offer support on equality, diversity and inclusion. 

Richard Sagar, head of policy at CFG, said: “The steering group is delighted to launch the Charity Investment Governance Principles project. By convening investment and legal experts, charity sector bodies and leaders, we’re working together to develop a set of universal principles that will increase confidence in the governance of charity investments. 

“Understanding what best practice looks like, and how it can be achieved, is key to a dynamic and trustworthy sector. Following a series of focus groups with the key stakeholders, we’ll be running an open consultation in spring 2024.”

Charity trustees and leaders and anyone with an interest in investment governance can register their interest to engage with the project by completing this survey.

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