The SORP-making body has issued an Invitation to Comment. With the current SORP only coming into effect from January 2015, it may seem early to judge whether it is an improvement on the last. Nonetheless, research for the 2019 SORP is starting early. ACF intends to make a submission based on feedback from members.
20 October 2016 Read the full articleIt is sometimes suggested that foundations should be obliged to spend a percentage of their endowment or investment income each year. But a mandatory pay-out rate makes little sense within UK context. Given the nature and variety of foundations in the UK, setting a mandatory spending rate could be detrimental to foundations' ability to achieve their charitable objectives.
20 October 2016 Read the full articleACF, in partnership with Cass Business School and supported by the Pears Foundation, has launched its annual research publication on foundation grant-making in the UK.
3 October 2016 Read the full article
