Charity Update - 27 April 2023
Locations
Neil Palmer
24 April 2023
Charities to benefit from improved access to Recovery Loan Fund
The Recovery Loan Fund has re-opened for new applications from charities. The Fund provides vital financing to social organisations based in England Wales and Scotland. Read more.
Social Investment Business
18 April 2023
Charity Commission announces "road test" of new investment guidance
The Charity Commission are consulting a test group on its latest guidance on charities and investment, with plans to release the guidance in the summer. Read more.
Charity Commission
15 April 2023
More than a million UK businesses missing out by not transitioning to social enterprises
Social Enterprise UK's new report reveals that as many as a fifth of SMEs in the UK aspire to make a positive impact, but are not currently social enterprises. Read more.
Social Enterprise UK
12 April 2023
Inquiry finds London community leisure charity "poorly managed"
The Charity Commission's second statutory inquiry into Newham Community Leisure Trust concludes with one trustee disqualified and the charity wound up. Read more.
Charity Commission
5 April 2023
Fundraising Regulator reminds charities of 5 key principles for working with third parties
When working with third parties on fundraising activities, there are 5 key principles a charity should follow. Read More.
Fundraising Regulator
3 April 2023
Youth Investment Fund announces over £95 million to first major beneficiaries
46 youth services are to benefit from the first grants of the second phase of the Youth Investment Fund. The Youth Investment Fund aims to level up some of the most deprived areas in England, where youth need is high and provision is low. Read more.
Social Investment Business
3 April 2023
Charity Commission reminds charities of the changes brought in by the Charities Act 2022
The changes coming in the Spring include provisions relating to the disposal of charity land, provisions relating to charity names, and statutory powers relating to permanent endowment. Read more.
Charity Commission
31 March 2023
Charity Commission finds serious misconduct and/or mismanagement at hospice charity
A second inquiry into Hospice Aid UK found the charity spent less than 6% on charitable activities. Read More.
Charity Commission
30 March 2023
Inquiry into Rhema Church London finds serious misconduct and/or mismanagement as charity spent funds on gym memberships and other personal expenses
During the inquiry the Charity Commission found evidence that the charity spent approximately £95,000 on trips overseas without any clear authorisation or charitable purpose. Read more.
Charity Commission