CAF strategic review may see services ‘sold or dropped’
The strategic review currently under way at Charities Aid Foundation may see it selling or dropping some of the services it provides.
The organisation has had a torrid time recently, having swallowed a mass exodus of six directors in the last year, most recently the shock resignation of its chief executive, Stephen Ainger. But remaining staff are bracing themselves for more change when the results of a strategic review are announced early next year.
Andrew Jones, director of policy and external affairs, confirmed that management consultancy McKinsey had already completed the first stage of the review. “The second stage is about to take place but no decision has been made about further involvement from McKinsey’s,” he said.
CAF has two arms – its services to donors, where it helps individual and corporate donors find and support effective charities, and its services to charities, including banking, fund management, and fundraising help."
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