A report said that the charitable sector could receive up to £1 billion more in grants each year if a rule were introduced forcing grant-making foundations to give away at least 5 per cent of their wealth each year.
Source: Lindsay Driscoll and Peter Grant, Philanthropy in the 21st Century, Honorary Treasurers Forum
A report examined the transparency of funding terms and conditions from trusts and foundations, central government, and companies. 61 per cent of central government departments and 45 per cent of trusts and foundations surveyed would not negotiate terms and conditions with applicants – leading to the danger that charities might be forced to compromise their values to secure much-needed funding.
Source: Jay Kennedy, Critical Conditions: Investigating the transparency of grant terms and conditions, Directory of Social Change (020 7209 5151)
A report by the charities regulator examined how trusts and foundations were responding to the economic downturn. Trusts and foundations were taking an increased interest in the effectiveness of the charities they funded, and were exercising more caution in how they managed the risks associated with grant-making.
Source: Firm Foundations: A snapshot of how trusts and foundations are responding to the economic downturn in 2009, Charity Commission for England and Wales (0870 333 0123)
A report said that people in the lowest socio-economic groups were more likely to play the lottery than their more affluent counterparts: but they were less likely to benefit from lottery funding.
Source: Paul Bickley, The National Lottery: Is It Progressive?, Theos (020 7828 7777)