case: Since the Charity Commission stepped in, the agency has agreed to pay back 325,000, according to The Guardian. The case is likely to raise concerns about the fundraising strategies used by some charities, some of which result in high management costs. Hospice Aid UK agreed a seven-year deal with Piccadilly-based marketers Euro DM that resulted in the public being misled over how much money would be given to hospices. Hospice Aid UK was set up to raise money and then pass it on to hospices across the country. In that year, the charity raised 132,023, but only made grants worth 2,557. However, the Charity Commission began looking at the charity after it only passed on 1.9% of its income to hospices in 2012.
(news.financializer.com). As
reported in the news.
Tagged under case, management topics.