PwC wins tender to review fundraising self-regulation

The professional services firm was chosen by the three fundraising regulatory bodies and will begin work in September

PwC
PwC

The professional services firm PwC has won the tender to carry out a review of fundraising regulation on behalf on the Fundraising Standards Board, the Institute of Fundraising and the Public Fundraising Regulatory Association.

The three fundraising regulatory bodies put out an invitation to tender in June for the review, which is about creating a sustainable self-regulatory system for fundraising.

It is being funded by a £20,000 grant from the Office for Civil Society, with a further £40,000 for implementing its recommendations.

A joint statement from the three bodies, released yesterday, announced that PwC had been chosen from a "strong field" of organisations and would be starting work in September. A spokesman for the IoF said four organisations responded to the invitation to tender, but he declined to name them.

The review is being launched in response to recommendations made in Lord Hodgson’s review of the Charities Act 2006, published last year, and the report by the House of Commons Public Administration Select Committee on regulation of the charity sector. Both recommended that the sector should be given five years to improve self-regulation.

It will look at how self-regulation is financed and what efficiencies can be achieved across the three bodies, including sharing back-office functions or looking at the way each body develops areas such as membership, training, enforcement, licensing and allocating face-to-face locations.

A date for the report’s publication is yet to be set.

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