Wednesday, December 21, 2011

Charities should be more confident in their deals with corporates | Third Sector blog: Looking into the story a little deeper, the details became slightly blurred: the European Recycling Company, the private firm that runs the collection banks, insisted it was not accurate to use a cash-per-bank figure because the firm agreed a yearly donation with the charity that was not directly linked to its profits or its income from donated stock.

The charity also said it expected to receive �35,000 rather than the reported �30,000 from the company this year. Even so, divided by the 7,000 collection points, it would equate to just a fiver per bank.

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