Mark Northway explains why the growing popularity of ESG investment demands a new perspective from trustees.
New guidance from the Charity Commission for England and Wales makes clear that trustees offered a donation should start from a position of accepting it, although they may sometimes have a difficult decision as whether to refuse or return a donation. In such cases, they must balance the risks of refusing (financial impact, ability to deliver services and ability to attract future donations) against the risks of accepting (reduced support or reputational harm, particularly among younger supporters or beneficiaries).
Source: Charity Commission, Civil Society, STEP Industry News
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