Money matters

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

A presentation on the work of the Sorp committee and the challenges it faces will be the focus of the first Charity Finance Directors' Group members meeting in 2009.

Ray Jones, head of accounting policy at the Charity Commission, will address the CFDG's London members on 13 January at Rensburg Sheppards in London. An open discussion on what is and is not working with the current Sorp will follow his presentation.

- A support service for honorary treasurers has announced it will publish its first research project, on regulating philanthropy, in 2009. The Honorary Treasurers Forum, formed to provide networking opportunities for charity treasurers, also offers regular updates on information that concerns treasurers, including reports.

- A programme to support the development and growth of social enterprises in Scotland has received a £428,000 boost from the Big Lottery Fund. The programme, which provides advice to local social enterprises, will be administered by Senscot, the Scottish social enterprise network.

- Transferring cash from dormant bank accounts to third sector projects could become easier now that many banks, such as the Royal Bank of Scotland, have been part-nationalised, according to Toby Eccles, development director of Social Finance, a company researching the possibility of a social investment bank. Eccles said he hoped that banks might be "more motivated rather than less" if their largest shareholder was actively in favour of the scheme.

Topics:
Finance

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