Tuesday, August 14, 2012

Guide Dogs’ CEO defends huge drop in reserves - Charity finance news - News - Civil Society

Guide Dogs’ CEO defends huge drop in reserves - Charity finance news - News - Civil Society: Guide Dogs’ reserves have more than halved over the last two years as the charity has invested heavily in a new breeding centre, new services and in its fundraising and campaigning capability.

The disability charity, which has long been envied in the sector for its plentiful reserves, has seen their value plunge from �96.5m in 2009 to �39.7m at the end of last year.

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