Finance + Funding News

The youth volunteering scheme was a hit with young people but there are concerns about its future, the report shows

Read More @ Third Sector

Heritage organisations including the National Trust respond to HM Revenue & Customs consultation

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Pesh Framjee, of Crowe Clark Whitehill, warns that if changes are not made, the rules are likely to be subject to official protests

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Ian Theodoreson, chair of the Charity Finance Group, opened the umbrella body’s 2012 Annual Conference, ‘Inspiring Financial Leadership’, by pulling no punches on the Government’s policy agenda for the sector. Two years on from the formation of the coalition, charities are facing major challenges. Mixed messages and an unclear policy agenda are not helping.

Read More @ Charity Times

Lord Wallace, the Cabinet Office spokesman in the House of Lords, sought to justify the tax relief cap yesterday by claiming that not all charities use their funds in a “public-spirited” manner, making the proposed cap necessary.

Read more @ Civil Society

Sir Roger Singleton, a former board member of the now-defunct Capacitybuilders, has expressed doubts over whether its £150m funding of infrastructure bodies actually helped frontline charities during its six-year history.

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A lot of charities are "really struggling with some of the more topical sorts of funding, such as the move to payment-by-results", said Carol Rudge, global head of not-for-profits at Grant Thornton.

Read more @ Civil Society

"Charities badly need the social investment market to get off the ground and at the moment that’s incredibly difficult," said Anne-Marie Piper, charity partner at Farrer & Co, speaking at the Civil Society Question Time debate in Westminster yesterday.

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Charities need to give their investment managers "a lot more flexibility to be able to reduce equity weighting really quite aggressively" said Andrew Pitt, head of charities at Newton Investment Management speaking at the Civil Society Question Time debate in Westminster yesterday.

Read more @ Civil Society

Today, the Heritage Lottery Fund (HLF) has earmarked support totalling £15.9m for the regeneration of 12 city and town centres stretching from Falkirk to Folkestone. HLF’s investment will come through its Townscape Heritage Initiative (THI) programme which fosters effective partnerships between local organisations enabling repairs and other essential works in historic but often run-down areas.

Read More @ Charity Times