With summer upon us, our thoughts and aspirations have turned to positive developments for charities, third-sector organisations and institutions across the country. Our eight regional hubs have been reporting a challenging time for the sector – with charities, both large and small, being affected by rising costs and unpredictable revenue streams. There has certainly been an increase in drawdowns as charities struggle to cope with the unpredictable inflationary landscape. Revenue streams have changed beyond recognition, and a recent industry report uncovered a 40% drop in public donations. A challenging landscape indeed.
Here at RBC Brewin Dolphin, we have been working hard with our 1,700+ charities to assist with these cost and revenue issues. Against an uncertain economic and market backdrop, we have been working closely with our RBC partners to offer security and reliability through fixed cash savings rates for charities and third-sector organisations. As of July 2023, rates for both current and new clients start at 4.65% fixed. Please email us at email@example.com for more details and how to apply. We hope this helps at an uncertain time.
In this season’s edition, we look at the recent CC14 debate, ESG, the makeup of charity boards, and other issues facing the sector. We also hear from our sector partner, NCVO, on its recent “Vision for Volunteering”, especially in the light of the huge increase in volunteering due to the King’s Coronation. We also explore some of the issues raised in our recent webinars.
As ever, our teams are here to help and support you with any enquiry – be that large or small – so please don’t hesitate to reach out. Enjoy the sunshine when you have time.
Head of Charities
Is cash really king again?
Could CGT changes boost your fundraising?
The pressures on charity management
Harness the power of artificial intelligence
How diverse is your trustee board?
Get involved in the Vision for Volunteering
Prepare for new charity investment guidance