DC Thomson’s Post

Research from the Charity Commission shows that understanding where charity funds go and ensuring they fulfil their goals are crucial for building public trust. However, the Commission's research also shows trustees are "less sure about" making decisions based on personal views or recognising conflicts of interest. Liz Brownsell, Partner and Head of Charities at Birketts, explores this issue in an article in The Times: https://lnkd.in/ezxE9hUf #Charity #PublicTrust #Trustees #LegalInsight

In order to register as a charitable entity, you must be able to confirm that all officers of your entity are qualified to be officers. The Charities Act outlines a list of factors that will disqualify someone from being an officer of a charitable entity. Claire Tyler explains these factors and more: https://loom.ly/3I149So

Did you see the 10th annual report Australian Charities Report? It’s a great resource to share with your Board - especially those who aren't actively involved in the NFP or charity sector and might not be across the major trends. Of interest to us at Benefolk was: 📈 Unlike 2021, all charity sizes experienced revenue growth in 2022 💵 Total revenue increased by $11 billion to a record $200 billion, but at the same time expenses increased by $21 billion. 😲 The net income figure recorded across the sector – $5.7 billion – was the lowest figure the ACNC has ever reported. ✳ While the sector’s assets grew by 8.3% to $457 billion during 2022, total liabilities increased by 11.5% to reach $158 billion. 💳 In 2022, the charity sector’s total expenses increased by $22 billion (12.6%) to $195.8 billion. The increase of 12.6% was twice the rate of inflation. We are grateful to Sue Woodward AM and her team at Australian Charities and Not-for-profits Commission for ensuring this data continues to be shared widely with all Australians, to help us better understand our important charitable sector.

"Great Fundraising Organizations" is one of the first books to look at the business of fundraising. It's not about how to fundraise. It's about the changes necessary for any charity's leaders to focus, align, and aim for ambitious growth. It's not theory either. It originated with academic research, and the book features examples of charities from around the world who have applied its lessons and insights to great success. #fundraising #greatfundraising

Where are you at with legacy fundraising?? Take the survey!

Have your say on content of Small Charities Week - here’s a short survey from NCVO

Today's webinar for charity Gift in Wills team members is going to be a little different! We've been collecting up questions about estate administration from the field and prepared a "helpline" session - answering all of the conundrums you haven't had a chance to ask. Should charities agree to be executors? Is it appropriate to ask for interest on overdue pecuniary gifts? Tune in to hear our thoughts! https://lnkd.in/gHvCeVU7

It's π Day today! To celebrate I'm speaking at Mercia Group's Online Charities Conference at 1.40pm. I'll be sharing my thoughts on what trustees of charities want from their accountants. RSM UK’s Top Ten Tips session will explore the key areas where trustees often require support and guidance, along with some ways that you can put this into practice. The session will provide ideas to enable you to ensure that the boards of your charity clients are equipped with the information they need to enable them to make good decisions and ultimately achieve their charity’s objectives. More details below... #charities #top10tips #trustees

Understanding the value of having a strategic charitable giving plan in place. Planned giving has benefits for the recipient charities, but it also provides benefits for donors. https://bit.ly/3YjNFv7

Can you spare 60 seconds to help us? Vote OSCAR India in the Education category and help us get more girls and boys enrolled in OSCAR’s Education, Football & Lifeskills programmes. Together we are stronger.👊 https://brnw.ch/21wKPXU #movementforgood #charity #educationwithakick