Day: 2 April 2024

New guidance for charities facing decisions about donations

Stuart Mitchell

The Charity Commission has published new guidance to help charities when deciding whether to accept, refuse or return a donation. The regulator’s guidance makes clear that trustees should start from a position of accepting donations, but from time to time a charity may face a difficult decision as whether to refuse or return a donation. The guidance is designed to help trustees have informed discussions when faced with a choice that has potentially significant consequences. The Commission has set out an approach for trustees to take on these occasions, advising…

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Leeds Building Society Accredited for Commitment to Ethical Business

Stuart Mitchell

The Good Business Charter has recognised Leeds Building Society in its inaugural Good Business Week, acknowledging the Society’s commitment to responsible business practices. This accreditation demonstrates the Society’s continued commitment to making responsible decisions for our members, colleagues, communities, suppliers and the environment. Leeds Building Society is one of the largest businesses to receive theaccreditation. The Good Business Charter looks at ten measures demonstrating ethical business practices, including paying colleagues the Real Living Wage, prioritising employee wellbeing, being environmentally responsible and paying a fair share of tax. Nick Young, Chief…

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Housebuilder sets £4 million fundraising target for Cancer Research UK

Stuart Mitchell

Bellway has announced it has set itself a target of raising £4 million for Cancer Research UK (CRUK) before the end of 2024. Since the partnership with Cancer Research UK began in 2016, employees at the housebuilder have dedicated their fundraising efforts to the cause. Bellway has now raised just over £3 million for CRUK and is now aiming to raise another £1 million in 2024, which will take it past its overall target of £4 million by the end of the year. All 21 divisions and Head Office of…

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Tesco customers donate 10 million meals to FareShare

Stuart Mitchell

Generous Tesco customers have donated over 4,400 tonnes of food, the equivalent of more than 10 million meals’ worth of food, to FareShare since launching in 2015. There are over 1,800 Permanent Collection Points (PCPs) in Tesco stores collecting food for FareShare across the UK, enabling customers to donate long-life food, such as tinned vegetables, cereals, and pasta, to FareShare year-round. In January 2024 alone, customers donated the equivalent of more than 290k meals to frontline charities via FareShare. All customer donations are collected by a local FareShare site or…

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SIS set to increase impact as manager of £62 million investment fund

Stuart Mitchell

Responsible finance provider Social Investment Scotland (SIS) is leading the delivery of a new £62 million investment fund which has been launched to help small businesses in England and Wales access finance to support local jobs and economic activity. Many small businesses access finance from socially motivated lenders such as Community Development Finance Institutions (CDFIs), but CDFIs themselves face barriers to achieving long-term sustainability and securing capital at scale to meet the demand of small businesses. SIS, which is itself a CDFI and has been investing in the social sector…

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