Scottish foundation to sue Lloyds Group over covenant payments

08 September 2009

Greetings!

You'll notice that Civil Society Governance eNews is becoming more regular. This is because there is simply too much important news going on in this dynamic sector to cram it all into one monthly bulletin, and we want to keep you up-to-date with the news as it happens.

From now on you'll receive a weekly email containing the week's most important governance stories. This week we lead with a story about Lloyds TSB Foundation Scotland which, after receiving just 11 per cent of the £3.5m allegedly due from its benefactors' pre-tax profits, is preparing to bite back: Lloyds Banking Group now face a heavy day in court to settle the long running dispute. We also provide a model document to guide you into setting up your own trading company.

The Lloyds TSB Foundation for Scotland has initiated legal proceedings against its benefactor the Lloyds Banking Group over an alleged breach of their covenant, after being given £38,920 rather than the £3.5m it believes it is due.

National Trust posts record-breaking financial performance

The National Trust had its best ever financial performance last year, according to the charity's 2009/10 annual report published today.

NCVO head appointed to key EU consultative body

NCVO chief executive Sir Stuart Etherington has become a member of the European Economic & Social Committee (EcoSoc), the major civil society body of the EU.

Europol terrorism report highlights links to women in charity

The Charity Commission will provide an update on charities' links to terrorism within its 2009-2010 Back on Track report due later this month, after a Europol terrorism report highlighted the sector's involvement in funding terrorist activities, in particular that of women.

OSCR looks into Shetland Charitable Trust over systemic conflicts of interest

The Shetland Charitable Trust has been warned that it could face an accounts freeze and forced suspension of its trustees or employees if an OSCR investigation into the charity proves there is a systemic conflict of interests on the board.

Changing Faces appoints former ChildLine chief as deputy CEO

Dr Carole Easton, former chief executive of ChildLine has been appointed by disfigurement charity Changing Faces as its deputy CEO starting September 13th.

Cabinet launches second National Survey of Charities and Social Enterprises

The second wave of the largest sector survey ever conducted has been launched by the Office for Civil Society.

Features

Setting up a trading company

Roger Chester offers a 'how-to' guide and advice on what to look out for including advice on shared responsibility agreements.

Unusual terms of office

An interview with Jeanetta Issa, CEO of Child Abuse Prevention Association in Kansas City, USA shows how they're doing things a bit differently Stateside.

Charities and human rights

David Mears uses a tenancy example to explore where the legal lines lie for charities that cross into the public sector territory.

Events

Charity Finance Property Conference
18 October 2010

VAT & Tax Conference
18 October 2010

Charity Finance Live

18 October 2010

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Civil Society eNews Contacts

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