CFDG commends general themes in the Giving White Paper
23rd May 2011
The Charity Finance Directors’ Group welcome the recognition of the importance of tax incentives to encourage giving and support for the Funding Commission’s recommendations outlined in the Government’s Giving White Paper, launched today following a period of consultation. In their response to the Giving Green Paper, CFDG highlighted concerns that some of the ideas presented lacked teeth in terms of the real impact they could have on the sector and on giving culture in the UK.
In an initial reaction to the White Paper, Caron Bradshaw, CEO of CFDG commented, “I am encouraged by the way the Government appears to have taken on board the views of the sector on specific areas and issues covered by the Green Paper. In particular, the recognition of the importance of tax incentives to promote giving and the value of making use of current infrastructure should be welcomed by the sector. By supporting the Funding Commission’s recommendations for an infrastructure fund, the Government is sending out a positive message that it is willing to work with existing structures and take on the expertise and experience from within the sector as it develops these areas.”
CFDG is particularly pleased that there is a continued emphasis on impact reporting in the Giving White Paper which acknowledges the barriers and limitations for many organisations. Caron Bradshaw added, “the Giving White Paper has remained solid in its commitment to impact reporting but appears to have taken on board that there needs to be more support for charities if they are to develop in this area. CFDG is passionate about developing impact reporting, transparency and accountability within the sector, but we feel that it is important for Government both as an advocate and audience to this information, to understand the barriers and that it needs to be proportionate. There is much more to be done here and we are pleased that the Government wants to open discussions with the sector on this area as part of their Giving Summit.”
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Notes to Editors
1. CFDG is the charity that champions best practice in finance management in the voluntary sector. Our training and development programmes enable finance managers to give the essential leadership on finance strategy and management that their charities need. With more than 1,700 members, managing over £21bn, we are uniquely placed to challenge regulation which threatens the effective use of charity funds. For more information, please see www.cfdg.org.uk
2. A CFDG response to the Giving Green paper can be found on the CFDG website here.