Richest MoFo

Charity legacy income rose by 7.6 per cent to £3.9bn over the past year, according to new data. The figures, for the year to the end of June, have been published by the legacy information company Smee & Ford, based on its data and figures from accounts filed with the Charity Commission.  The data, which

A foundation set up by a sanctioned Russian billionaire opened an account with Barclays after JPMorgan Chase & Co cut ties, latest accounts show. The Potanin Foundation was established by Russian billionaire Vladimir Potanin in 2006 to develop education and culture in Russia by awarding grants to support the programmes of the Vladimir Potanin Foundation,

Dame Esther Rantzen is stepping down as president of Childline due to ill-health, 37 years after she founded the charity. She announced her departure from the charity after her lung cancer progressed to stage four. The journalist and TV presenter served as a trustee for the charity until 2018, when she was appointed president. Rantzen’s

Staff costs at Barnardo’s rose by more than £20m as the charity increased its pay to account for the cost-of-living crisis, latest accounts show. The children’s charity spent £190.5m on staff costs, its most significant area of expenditure, up from £169.4m the year before. According to the accounts, for the financial year to the end

The Big Give Christmas Challenge raised a record £33m in one week, organisers have said.  The annual match-funding event attracted more than 94,000 donations for the 1,077 charities that took part.  This year’s figure is 15 per cent up on last year’s total of £28.6m and takes the amount raised since the event was first

A Christian charity has promoted its chief financial officer to the top job.  Stewardship, which facilitates tax-effective giving and support for Christian charities, said Janie Oliver would succeed Stewart McCulloch as chief executive on 1 January. McCulloch has been the chief executive of the charity since August 2018 and is leaving to join the debt

A group of sector experts will draw up a set of “universal principles” aimed at improving best practice in charity investment.  The Charity Investment Governance Principles project will be hosted by the Charity Finance Group and will feature representatives from the Association of Charitable Foundations, the National Council for Voluntary Organisations, the Wales Council for

The English National Opera has announced plans to create a new base in Greater Manchester, after Arts Council England told the charity it must move out of London to remain eligible for funding. In July ACE agreed a £24m grant with ENO for the 2024/26 period for the development of an artistic programme, on the

The voluntary sector has made little progress on tackling racism over the past three years despite warm words from many organisations, a new report has found. Warm Words, Cold Comfort: UK Civil Society’s Ongoing Racism Problem, which has been published today by the charity leaders body Acevo and Voice4Change England, is the first piece of

The chief executive of the London Community Foundation has been appointed to the top job at the Nationwide Foundation.  Kate Markey will take up her new role in early 2024 after almost six years at the LCF.  The LCF said Markey had led the organisation’s response to the Covid-19 pandemic and the cost-of-living crisis.  She

The British Psychological Society could cut about one-fifth of its workforce, sources close to the charity have told Third Sector. Internal communications circulated among BPS employees last week said the charity was consulting on changes affecting 32 jobs, sources said. The charity’s latest accounts, for 2022, show it employed an average of 127 full-time and

An international poverty relief charity has been issued a warning by the Charity Commission for failing to keep proper minutes and to correctly manage a conflict of interest. Penny Appeal received an official warning from the regulator for failing to keep trustee minutes, not acting in the best interest of the charity and failing to

Charities should read the new Non-Party Campaigner Code to “feel equipped” ahead of the upcoming election period, the chair of the Charity Commission has urged. Orlando Fraser, chair of the Charity Commission, and John Pullinger, chair of the Electoral Commission, have stressed the importance of knowing the new code’s implications for the charitable sector, in

Total spending at Marie Curie grew by more than £20m due to increased investment in charitable activities after NHS funding was reduced, its latest accounts reveal. The charity’s accounts, covering the year to 31 March, show expenditure was £175.9m, up 12 per cent on the previous year, due to higher investment in fundraising, nursing and