Money matters

David Ainsworth's round-up of what's happening in the finance world.

- The Charity Finance Directors' Group is holding its fifth annual conference on risk management on 18 November. Plenary sessions include presentations from Don Bawtree, charity partner at accountancy firm BDO Stoy Hayward, Martin Weale, director of the National Institute of Economic and Social Research, and Mark Avery, conservation director at the RSPB. The conference will take place at the Royal College of Surgeons in London. Call Kate Hand on 020 7785 6419 or email

- Futurebuilders England has offered a £935,000 loan and a £440,000 grant to a specialised care home for elderly people with learning difficulties. The Fynvola Foundation will use the money to buy and refurbish a new property, train staff and buy equipment.

- The Charity Finance Directors' Group and law firm Bircham Dyson Bell are among those to have demanded the abolition of substantial donor legislation in their responses to a survey by HM Revenue & Customs. Bircham Dyson Bell's submission said the legislation targeted the wrong parties, did not achieve its objects and was too difficult to understand.

- Charity and social lender Triodos Bank saw a rise in profits over the first six months of 2008. The bank saw net profit rise to £2.9m compared with £2.8m in the same period last year. Peter Blom, chief executive of the Triodos Group, said the bank had avoided the effects of the credit crunch because it employed "sustainable and transparent banking".


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