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Charities lost up to £200m in Icelandic banks
By Mathew Little, Third Sector Online, 30 October 2008
Charities have lost up to £200m in the Icelandic banking collapse, according to surveys by the sector’s main umbrella bodies.
Research by the NCVO , Acevo , the Charities Aid Foundation , Charity Finance Directors' Group and the Charity Commission has revealed that 48 charities are affected and they have lost between £86.6m and £200m. But an NCVO spokesman said: "These are the charities that we know of. There may...
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