Tuesday, January 18, 2005

How Can A Charity Invest? Charity Commission Publishes New Guidelines

: "How Can A Charity Invest? Charity Commission Publishes New Guidelines

Monday, January 17 2005 @ 11:27 AM

Charities have greater freedom than ever before to invest their funds, but should be cautious when doing so.

This is the advice the Charity Commission offers in its new publication, Investment of Charitable Funds - Basic Principles published today on the Commission's website.

The guidance provides charities with a summary of the dos and don'ts of investing, encompassing legal obligations and good practice advice.

Charity trustees have the choice to invest charitable funds as they see fit - as if they were the absolute owners of those funds. ....more "

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