Month: February 2022

Investment gains, better than expected retail performance and an emergency appeal that raised more than £12m helped the older people’s charity Age UK turn a £8.3m deficit into a £9.4m surplus last year.  The charity’s latest accounts show that for the year to the end of March 2021, it recorded an income of £127.1m and

The Queen’s Commonwealth Trust has responded to a national newspaper article that questioned the salaries paid to its top employees. The Daily Mail newspaper ran a piece highlighting the fact that in the year to the end of March last year, the charity spent 98 per cent of its almost £800,000 income on salaries for

The Conservative peer Lord Hodgson of Astley Abbotts is expected to urge the government to introduce a code of practice covering activities that could be seen as influencing elections and reduce the time period during which election proceedings are deemed to be active for lobbying purposes. The Elections Bill, which has already completed its passage

A trustee of the grant-maker the Southall Trust is to step down next month after 60 years in the role. Ninety-three-year-old Annette Wallis has announced she will step down on 14 March from a position she has held since 1962. The trust was established in 1937 by her grandfather, Wilfred Francis Southall, using proceeds from

Arts organisations in more than 100 culturally underserved areas of the country could benefit from £75m levelling up funding over the next three years in a drive to improve access to the arts. Arts Council England and the Department for Digital, Culture, Media & Sport announced today that they have identified 109 “Levelling Up for

A Leicestershire-based heritage charity has received an almost £18,000 donation from a business that failed to comply with recycling regulations. The Environment Agency said the Bradgate Park Trust’s Jubilee Woodland project had been given a £17,600 payment from the local company Trafalgar Scientific, which provides laboratory and microbiological equipment. The regulator said the payment was

Charity legacy income grew by 12.5 per cent last year after it fell in 2020 due to probate delays and disruption related to the coronavirus pandemic, new data shows. Figures from the legacy data company Legacy Foresight, published today, show that the 82 charities in its Legacy Monitor quarterly benchmarking programme reported £1.62bn in legacy

An increase in the number of mergers involving small charities could be an indication of financial stress in the sector, new data suggests. The consultancy Eastside Primetimers’ latest annual Good Merger Index, published today, shows that 77 mergers involving 166 organisations took place between 1 May 2020 and 30 April 2021. The consultancy said that

Two pieces of legislation designed to reduce bureaucracy for charities and unlock almost £900m of dormant assets funding have cleared parliament and are set to become law.  The Charity Commission said the Charities Bill, which is designed to bring into force long-awaited reforms designed to reduce the amount of bureaucracy faced by charities, had been