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ARTICLE · 29 JANUARY 2020

Fundraising Reporting Update

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Recent analysis carried about by the Fundraising Regulator revealed that 60% of charities failed to fully explain their fundraising practices in their annual report.

United KingdomCorporate/Commercial Law
Chris Priestley
Chris Priestley
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The Fundraising Regulator has issued good practice guidance (the 'Guidance') on 15 January 2020 to help charities meet the fundraising reporting requirements in section 162A of the Charities Act 2011.

Recent analysis carried about by the Fundraising Regulator revealed that 60% of charities failed to fully explain their fundraising practices in their annual report. Such a high percentage is a concern when considering that an explanation of fundraising practices is a requirement under the Charities (Protection and Social Investment) Act 2016 (the 'Act').

The fundraising reporting requirements in Section 13 of the Act require larger charities (those who have £1 million gross income) to include specific information in their annual reports for accounting periods beginning on or after 1 November 2016. The purpose of the reporting requirements is to enforce responsible fundraising.

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