Date updated: Thursday 28th January 2021
In this edition:
- The era of the merger – could it make for a more collaborative sector?
- Can charities spend restricted funds in a crisis?
- Immigration: common mistakes made by charities who are sponsor licence holders
- Brexit – data protection update
- Social investment by charities
- Stone King’s charity and trustee programme
The era of the merger – could it make for a more collaborative sector?
With the pandemic taking its toll, we are in an era where mergers and integrations have increased at pace, and trustees are having to put aside any focus on protecting and promoting their organisations themselves.
Can charities spend restricted funds in a crisis?
Times of financial crisis can lead to panic and poor decision making. We all generally make better decisions when we have all the facts at our disposal and time to properly consider matters. Even if your charity is running smoothly, all trustees need to act prudently, make sure that their charity’s assets are being properly managed and that trustees comply with any restrictions imposed on the assets.
Immigration: common mistakes made by charities who are sponsor licence holders
We act for many charitable organisations on immigration and regularly assist with navigating the law and finding solutions to problems in this area. Our Head of Immigration, Julie Moktadir, explores some of these issues below and offers practical actions that charities can be taking now, to avoid falling foul of immigration law and guidance.
Brexit – data protection update
The EU-UK Trade and Cooperation Agreement has brought an important – and helpful – development in data protection, specifically in relation to transfers of personal data between the EEA and the UK.
Social investment by charities
Investments are a major source of funding for many charities and, obviously, there are specific legal duties and decision-making processes which relate to financial investment. Generally, the intention of conventional investment is to achieve the best financial return within the level of risk considered to be acceptable for the charity, which is referred to be the Charity Commission as ‘financial investment’.
Stone King’s charity and trustee programme
We have developed our training programme to equip Charity Trustees and members of Senior Management Teams with the knowledge needed to carry out your roles effectively. Our Charity Essentials programme offers a number of introductory sessions across various locations in the UK.
For further information on dates and locations, please click here.
Image
Image
Image
Image
Image
