New publication: Good Practice Guide for Corporate Foundations
ACF has published a guide for those interested in the establishment and ongoing effectiveness of corporate foundations.
8 November 2016 Read the full articleNews Archive
2016-P6
Changing impact practice: From accountability to strategic learning
Nick Wilsdon shares his experience of the process of successfully embedding a strategic learning approach to evaluation. He highlights the journey of change in his organisation, and concludes with helpful tips for anyone embarking on a similar journey.
8 November 2016 Read the full articleGuest blog: The changing face of transparency - Nigel Davies
In this guest blog, Nigel Davies, Joint Chair of the SORP Committee, recommends that funders engage in a debate that promises to reshape charity reporting.
2 November 2016 Read the full articleCommon Reporting Standard: Progress Report
We have been continuing conversations with HMRC on how the Automatic Exchange of Information regime affects trusts and foundations. Recently HMRC have provided two helpful clarifications.
1 November 2016 Read the full articleSORP: Have your say
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 articleThe argument for mandatory pay-out is misguided
It 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 article