Charity law debate covers public benefit, protecting assets

Amendments to the Charities (Protection and Social Investment) Bill debated in the House of Lords this week covered a number of issues, including protecting charitable assets, improving social investment and the public benefit of private schools.

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Income struggles for charities

A new report finds that charities in England have not seen the recovery experienced by the economy overall.

With sector income flat-lining since 2009, projections show a £4.6bn shortfall in income by 2018/19 – the result of cuts to government contract and grant income, tepid growth in donations from the public, and inflation. Small and medium-sized organisations have been hardest hit, with charities with incomes between £100,000 and a million pounds seeing the biggest falls in their income and assets.

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Crowdfunding platform could work for local causes

A new social finance platform has been launched to enable people to raise funds not just for registered charities but also individuals in need and local causes or groups.

The focus of Flendr, http://www.flendr.com/, is on helping people borrow, lend and fundraise amongst their family and friends. The report from UK Fundraising gives some information on how costs compare and how it operates.

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