Owed charities get first Open Air cash

A group of 25 charities left £900,000 out of pocket when face-to-face fundraising outfit Open Air Fundraising went into administration are to receive a share of £125,000 from the agency's owner Open Air Global this week.

Open Air Fundraising's debts were effectively wiped out when it went into administration last year, when its ongoing business was bought by Open Air Global. However, the new company is setting aside 50 per cent of its profits into a new charitable trust (Third Sector, 30 July), which will be used to compensate the charities fully.

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