Stuart Freeman

Jul 3, 2024 | civilsociety.co.uk | Stuart Freeman

This content has been supplied by a commercial partner. Many charities hold cash assets which could be getting better interest rates. UK charities with an annual income of at least £0.5m, owned a total of £250bn in assets, of which 13%, or £31bn, was held in cash, according to recent findings from independent consultancy Broadstone. This comes after the Financial Times brought attention to the pressure that has been faced by UK charities in recent years.

Apr 7, 2024 | civilsociety.co.uk | Stuart Freeman

This content has been supplied by a commercial partner. Cash is the asset class that people are most often familiar with, as it is used to pay for goods and services on a daily basis. Indeed, charities require cash in order to provide the services they offer. However, it can be difficult for the governance of a not-for-profit organisation to decide what to do with their cash deposits.