The Welsh Assembly Government has published a set of codes of practice for funding voluntary organisations.
The guidelines, which were launched last week by minister for health and social services, Jane Hutt, promise three-year funding for Welsh charities.
"One of the code's key messages is that the sector should receive three-year funding wherever possible ... Grant receipt is subject to satisfactory outcomes and the availability of resources, but this step change in the way we treat the sector is fundamental to providing stability, sustainability and clarity of purpose,
Tom Jones, chair of the Wales Council for Voluntary Action, backed the new code. "This is an important document that sets out the principles on which the assembly funds the voluntary sector and, as such, has been greatly welcomed by organisations. The challenge now is to keep it up to date and monitor is implementation,