Charities given 5 years to meet public benefit demands
Date posted: 13 Oct 2009
UK charities may be given as long as five years to prove they are meeting public benefit requirements, the Charity Commission has suggested.
In a recent address to the Headmasters and Headmistresses Conference, the regulator''s chair Dame Suzi Leather claimed that charitable bodies such as independent charitable schools will be given this time to prove they offer public benefits.
She said: "We recognise developing partnership activities or building up a bursaries fund will take time.
UK charities may be given as long as five years to prove they are meeting public benefit requirements, the Charity Commission has suggested.
In a recent address to the Headmasters and Headmistresses Conference, the regulator''s chair Dame Suzi Leather claimed that charitable bodies such as independent charitable schools will be given this time to prove they offer public benefits.
She said: "We recognise developing partnership activities or building up a bursaries fund will take time.
"We also recognise that in the current economic climate it is more difficult. We know you can''t pull a rabbit out of the hat."
A survey of 1,001 charities across England and Wales published by the commission last month revealed that 52 per cent of those polled have tried to tackle the recession by taking a number of financial steps.
In total, 21 per cent admitted to lowering their energy bills and office costs.
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