Last week was Charity Fraud Awareness Week. Mair Rigby, Governance and Safeguarding Manager at WCVA, follows up the week’s events with some some top tips for preventing fraud. Continue reading
Do you know how to manage conflicts of interest?
The Charity Commission has published new guidance for charities that are connected to non-charitable organisations
Does your charity have links to a non-charitable organisation? New guidance from the Charity Commission aims help charities to reap the benefits of such relationships while managing risks carefully.
The Commission says its casework has identified examples where charities have not managed their links to non-charitable organisations with care, in some cases allowing charities to be misused to further non-charitable interests, including commercial or private interests.
The regulator recognises that many charities work successfully in close partnership with a wide variety of non-charitable organisations, such as trading subsidiaries. These relationships can be crucial in helping a charity deliver on its mission for the public benefit.
The new guidance does not set out new rules or regulations, but draws together relevant law and practice in setting out six principles to help trustees ensure their arrangements for working with a linked body secure the charity’s interests and independence.]
- Recognise the risks
- Do not further non-charitable purposes
- Operate independently
- Avoid unauthorised personal benefit and address conflicts of interest
- Maintain your charity’s separate identity
- Protect your charity
You can read the full guidance on the Charity Commission website: Guidance for charities with a connection to a non-charity