Funding & Income

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The Coalition government has stepped up its process of decentralisation and devolution of power to local authorities and their communities. Local authorities will have the liberty to make decisions about allocation of resources free from central government guidelines. An increasing role for the VCS to deliver public services is expected. VCS organisations are expected to have a key role to play in identifying needs as well as delivering services. This page deals with policies that have an impact on funding, commissioning and procurement for the VCS.

Revised guidance on investment funds published

The Charity Commission has published revised guidance on Common Investment Funds and Common Deposit Funds ahead of compliance with a new European Directive, which becomes compulsory on 22 July 2014.

Social Investment Explained

Charities may be able to access more flexible finance and attract more support through social investment than traditional grant funding, according to a guide published by Social Enterprise UK and the Big Lottery Fund.

Trial of online registration service

HM Revenue & Customs is trialing a digital service to allow charities to register with them to claim tax relief.

Community Shares Underwriting Fund

Big Society Capital has invested £1million in a project to underwrite community share issues, in a bid to encourage more communities to buy local assets.

Online donations service for small and medium charities

The Charities Aid Foundation has launched a new service to help small and medium-sized charities process donations by card and direct debit.

£60million investment readiness fund

A new £60million grant fund to support charities to get ready for social investment has been launched by the Office for Civil Society using money repaid from the Futurebuilders loan fund.

Review of sector finances

A review of charity sector finances has been jointly launched by the NCVO and a coalition of sector bodies including the Charity Finance Group, the Institute of Fundraising, Navca and the Small Charities Coalition.

Consumer Contracts (Information, Cancellation and Additional Charges) Regulations

Charities will no longer be able to automatically include a donation as part of a purchase when consumers buy from them online, according to new regulations which will take affect from Friday 13 June.

FRSB Complaints Report 2014

Charities reported 48,432 complaints to the Fundraising Standards Board in 2013, a 44 percent increase on the previous year.

Funding the East Midlands – updated guide

The East Midlands Funding Forum has published an updated edition of “Funding the East Midlands – A guide to finding funding, investment and support for the VCS and Social Enterprises”.

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