Banking Challenges Faced by Charities
Charities are facing numerous challenges, including financial pressures and reputational risks. The National Trust has confirmed 500 job losses due to "cost pressures".
- The Charity Commission failed to comply with sexual abuse inquiry directions, according to the Ombudsman.
- Some speakers have pulled out of a charity event due to the involvement of an arms firm.
- A major health charity has changed its name after seven years, citing it as a "barrier to engagement".
The quiet revolution of prevention in charity work is a key aspect of the sector's development, as noted by Pei Su.
There are also calls to exempt charities from the energy cost hike caused by the nuclear power levy. Additionally, career development is crucial in the charity sector, with examples such as the career path from outreach to CEO.
Summary
Author's summary: Charities face various challenges, including financial and reputational risks, highlighting the need for effective management and support.