Charity Finance

Charity Finance magazine is a vital resource for anyone focused on the financial management of charities. Released ten times a year, it offers a mix of technical, legal, and regulatory insights, along with unique research, expert interviews, and examples of best practices. These features are designed to help you strengthen your financial strategies and improve your leadership skills. For more information on Charity Finance's research initiatives, check the section titled 'About our research' below. Originally launched in 1990 under the name NGO Finance, the magazine was rebranded to Charity Finance in March 2001.

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Poll suggests public favours more charity involvement in NHS supply chains

3 days ago | civilsociety.co.uk | Rob Preston

Most members of the public would support the NHS commissioning more charity and social enterprise suppliers, according to a new poll. Of the 2,083 people polled by Yonder Consulting on behalf of Skills for Health, 83% said that organisations which prioritise social purpose over profit should be the NHS’s primary partners when it comes to the supply of goods and services.
Financially at-risk councils cutting grants to charities, research finds

4 days ago | civilsociety.co.uk | Rob Preston

Councils facing insolvency have been reducing the grants they make to voluntary organisations, according to new research. The Directory of Social Change (DSC) found that UK councils’ grant spending with voluntary, community and social enterprise (VCSE) organisations increased to an estimated £599m in 2023-24. However, it found that the number of grants to VCSEs decreased by around 10% to an estimated 44,212 in 2023-24 following an increase the year before.
Government threatens legal action over Chelsea FC sale billions

5 days ago | civilsociety.co.uk | Rob Preston

The government has expressed frustration over its attempts to release billions of pounds generated from the sale of Chelsea FC in 2022 for charitable causes, and is now threatening legal action. In a joint statement this week, chancellor Rachel Reeves and foreign secretary David Lammy said the government remained determined to see the around £2.5bn of proceeds reach humanitarian causes in Ukraine and was “fully prepared to pursue this through the courts if required”.
Government pledge to distribute millions more in dormant assets welcomed

5 days ago | civilsociety.co.uk | Rob Preston

Civil society organisations have welcomed a pledge by the government this week to redistribute millions more from long-unused bank accounts to good causes. The government’s first ever dormant assets scheme strategy, published yesterday, included a pledge to divert £440m to social causes in England by 2028, a £90m increase on previously announced figures.
NCVO advertises for next CEO to lead ‘transformational change’

6 days ago | civilsociety.co.uk | Rob Preston

Membership body NCVO has published a job advertisement today for its next chief executive, following the recent announcement of Sarah Elliott’s departure. NCVO has listed the full-time role, based at its London office with hybrid working, with a salary of £160,000. Applicants have until 30 June to apply for the role, with recruitment being overseen by NCVO’s trustees and supported by David Fielding, managing partner of executive recruitment firm Attenti.
Rui Domingues: ‘LCM’s income is £8m but the complexities are equivalent to a £80m firm’

6 days ago | civilsociety.co.uk | Lea Legraien

Homepage Finance Rui Domingues: ‘LCM’s income is £8m but the complexities are equivalent to a £80m firm’ Léa Legraien talks to Rui Domingues, director of finance, property and IT at London City Mission, about finding his true vocation and turning non-profits around... Rui Domingues began his career in engineering before finding his true calling in the not-for-profit (NFP) sector. After obtaining a bachelor’s degree in civil engineering and a master’s degree in urban (civil) engineering in the...
‘Business as usual’ as majority of charities remain on X despite controversies

1 week ago | civilsociety.co.uk | Emily Moss

Despite many charities leaving X, formerly known as Twitter, it remains “business as usual” for the majority of organisations, a charity sector social media expert has said. In a blog post published last week, digital impact consultant Madeleine Sugden said there was a “noticeable shift” in charities moving away from the Elon Musk-owned social media platform in November in reaction to privacy setting changes, Donald Trump winning the US election and another “small flurry” in January.
Hospice cuts 19 jobs to save £1.7m amid ‘worst financial crisis’ in its history

1 week ago | civilsociety.co.uk | Emily Moss

A Yorkshire-based hospice charity has cut 19 jobs in the hope of reducing its annual costs by £1.7m as it faces what it has previously described as “the worst financial crisis” in its almost 40-year history. The Kirkwood, which provides palliative and end-of-life care for people living in and around Kirklees, West Yorkshire, said that an additional nine employees had agreed to reduce their hours or adjust their roles to enable the hospice to save money.
Steve Morgan Foundation outlines £100m funding pledge

1 week ago | civilsociety.co.uk | Tania Mason

The Steve Morgan Foundation, a finalist in this year’s Charity Awards, has launched a bold new five-year strategy that will see it spend £20m a year tackling social disadvantage in Merseyside and neighbouring areas, as well as supporting diabetes research. For nearly 25 years, the foundation has provided funding, advice, support and expert help to charities and other partners across Merseyside, North Wales, West Cheshire and North Shropshire.
Veterans charity loses £1m in alleged ‘sophisticated’ fraud by foreign exchange company

1 week ago | civilsociety.co.uk | Emily Moss

A charity for Israeli veterans has lost £1m due to an alleged ‘sophisticated’ fraud perpetrated by an unnamed foreign exchange company. Beit Halochem UK, which raises money for rehabilitation centres in Israel that support injured and disabled veterans, said that two other unidentified charities have fallen victim to the same fraud. The charity reported that had it had reliably used the foreign exchange company for three years.