Thursday, October 02, 2014

Half of charities do not claim gift aid, 2014 SONI report suggests

Half of charities do not claim gift aid, 2014 SONI report suggests: "The proportion of UK charities reporting no income from gift aid increased eight percentage points to 50 per cent this year, according to the 2014 State of the Not-for-Profit Industry report.
But while fewer charities were receiving gift aid, the amounts being claimed increased as gift aid accounted for 6 per cent of total income for UK respondents to the survey, which was up from 4 per cent from 2013.

The report, produced annually by the fundr"



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Department Of Finance Releases Draft Legislation To Implement Changes To Charitable Bequests - Corporate/Commercial Law - Canada

Department Of Finance Releases Draft Legislation To Implement Changes To Charitable Bequests - Corporate/Commercial Law - Canada: "On August 29th, the Department of Finance released draft legislation to implement changes proposed in the 2014 Budget with respect to charitable bequests.  Other changes proposed in the 2014 Budget were introduced in legislation released earlier this year.

Current rules

Under the current rules, there are three categories of gifts that can be made upon an individual's death:"



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Wednesday, October 01, 2014

IoF calls for annual income cap on society lotteries to be raised from £10m to £100m

IoF calls for annual income cap on society lotteries to be raised from £10m to £100m: "The Institute of Fundraising is calling for the annual income cap on society lotteries to be increased from £10m to £100m in response to an inquiry by the Culture Media and Sport Committee.
As well as increasing the turnover limit to enable bigger charities to reach economies of scale and maximise fundraising, the Institute wants an increase in the amount of ticket sales from a single draw from £4m to £10m to allow popular charities to raise more money."



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The problems with ROI and the need for new rules

The problems with ROI and the need for new rules: "re you having tough conversations with colleagues in finance to secure investment in fundraising? Or has finance already won and you’re putting short-term targets over long-term strategy? By Jenna Pudelek.
These questions formed part of the debate at Fundraising Magazine’s latest Fundraising First Thing event on measurement and looking beyond return on investment. It turned out fundraisers were having these debates and seeking to educate board members and those setting targets, about their fundraising needs.
"



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Monday, September 29, 2014

Govt to dole out festival cash to flood victims | National

Govt to dole out festival cash to flood victims | National: "KATHMANDU, SEP 28 - The Central Disaster Relief Committee (CDRC) under the Ministry of Home Affairs (MoHA) on Saturday decided to provide additional relief amount worth Rs 3,000 and Rs 50 each to families affected by floods and landslides as festival allowances and daily living respectively.

A CDRC meeting, chaired by Home Minister Bamdev Gautam, agreed to provide financial assistance to the flood victims, particularly those living in the Mid-western and Far-western regions of the country, said Yadav Koirala, chief at the Disaster Management Division under the Home Ministry."



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[Herald Interview] Philanthropy is about finding shared value: UWW chief

[Herald Interview] Philanthropy is about finding shared value: UWW chief: "Philanthropy is not about society’s “haves” giving their wealth to the “have-nots,” but about inspiring governments and corporations to find value via their contributions, according to the chief of the world’s largest nonprofit organization.

“Philanthropic activities are just like business projects ― one should first find the value, set a detailed goal and take the most cost-effective actions,” Brian Gallagher, president and CEO of United Way Worldwide, told The Korea Herald in an interview. "



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Anil Agarwal Pledges 75% of his Wealth to Charity | INDIA CSR

Anil Agarwal Pledges 75% of his Wealth to Charity | INDIA CSR: "Vedanta group Chairman Anil Agarwal will give away 75 per cent of his wealth of $3.5 billion (about Rs 21,000 crore) to charity, which would make him corporate India’s biggest donor to society."



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Thursday, September 25, 2014

HK Tycoons Defend Giant Gift to Harvard's Medical School -

HK Tycoons Defend Giant Gift to Harvard's Medical School -: "Harvard University received the largest financial gift in its history earlier in September when the Morningside Foundation, founded by brothers and Hong Kong developers Ronnie Chan Chi-chung and Gerald Chan Lok-chung, donated US$ 350 million to its School of Public Health.
Their generosity was widely applauded, but it also prompted some in China to wonder why they didn't donate the money to Chinese universities that desperately need it."



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World's 'poorest president' gives most of salary to charity | SBS News

World's 'poorest president' gives most of salary to charity | SBS News: "Uruguay’s leader José Mujica must be one of the world’s most unusual presidents – he gives away 90% of his salary to charity and chooses to live a very basic lifestyle."



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Ten Things to Prevent Constitutional Drift Within NPOs | NGO Pulse

Ten Things to Prevent Constitutional Drift Within NPOs | NGO Pulse: "This article encourages and shares tools with NPOs on how to understand, compile and utilise a constitution 
"



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Wednesday, September 24, 2014

Law Commission proposes statutory power to make social investment

Law Commission proposes statutory power to make social investment: "The Law Commission has recommended new rules to give charities a statutory power to make social investments in a  paper published today.

A report, entitled Social Investment by Charities: The Law Commission’s Recommendations, says that generally charities already have the power to make social investments, but there is a lack of clarity among many trustees about exactly what they are allowed to do.
The report follows a consultation earlier this year which was broadly welcomed by the sector."



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Monday, September 22, 2014

Behind the scenes at the UK’s philanthropy clubs | Voluntary Sector Network | Guardian Professional

Behind the scenes at the UK’s philanthropy clubs | Voluntary Sector Network | Guardian Professional: "I’m here to learn more about “giving clubs”, a US phenomenon which is growing in popularity in the UK. Broadly speaking, people get together to socialise, learn about different charities and donate some money.

The format at The Funding Network events is like Dragon’s Den: four charities have six minutes each to present their pitch. They say how much money they would like and what for. Each pitch is followed by six minutes of questions. At the end of the pitches the charities leave the room and the pledging session begins."



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Friday, September 19, 2014

Devolution 'will affect how charities operate'

Devolution 'will affect how charities operate': "The political landscape that charities operate in looks set to change following the Scottish decision to vote against independence, NCVO has warned.
Before the vote Prime Minster David Cameron announced plans for greater devolution across the whole of the United Kingdom. This morning he pledged to honour commitments to devolve more power to the Scottish Parliament and said that England, Wales and Northern Ireland should also be able to have more say on issues of tax, spending and welfare.
"



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