Locations
24 September 2013
Charity Finance Group reports year of growth and development
Charity Finance Group publishes 2012-13 annual report showing a year of continued resilience and development, despite the tough economic climate
Charity Finance Group
25 September 2013
Charities to invest for total return from 2014
The Trusts (Capital and Income) Act 2013 (Commencement No.2) Order, SI 2013/2461, has been released. This brings into force from 1 January 2014 the remaining provisions of the Trusts (Capital and Income) Act 2013 allowing charities to invest for total return and removing the need to classify individual investment returns as income or capital.
25 September 2013
Charity Commission endorses quality standards set by Mind and UKCF
The Charity Commission endorses the updated quality control systems adopted by Mind in "Quality Management" and UK Community Foundation in "QA3" in its drive to encourage umbrella bodies to develop quality standards to improve governance and accountability of charities.
Charity Commission
25 September 2013
Charities value enterprise skills above fundraising skills
Cliff Prior, chief executive of UnLtd and former chief executive of Rethink highlights trend towards charities valuing enterprise skills above fundraising skills.
Civil Society
30 September 2013
Charities face eroding long-term capital
Newton Investment Management publishes paper Sustainable Portfolio Withdrawal Rate, which shows that charities spending above 3% of the value of their long term investment portfolios each year face the material risk of eroding the real value of their capital.
The full white paper can be downloaded here
Newton Investment Management