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trusts

Five top-tips for grant-making trusts & foundations

When it comes to the financial management of recipients, grant-giving foundations and charitable trusts face contradictory pressures. On the one hand, foundations do not want to be overly burdensome on their partners. Many foundations take pride in distinguishing themselves from publicly-funded bilateral and multilateral donors. They see themselves as being more nimble, less bureaucratic and less demanding on the recipients of their funds; more interested in results rather than adherence to myriad procedural conditions. They are also more willing and able to fund riskier projects and partners.

Five top-tips for grant-making trusts & foundations

When it comes to the financial management of recipients, grant-giving foundations and charitable trusts face contradictory pressures. On the one hand, foundations do not want to be overly burdensome on their partners. Many foundations take pride in distinguishing themselves from publicly-funded bilateral and multilateral donors. They see themselves as being more nimble, less bureaucratic and less demanding on the recipients of their funds; more interested in results rather than adherence to myriad procedural conditions. They are also more willing and able to fund riskier projects and partners.

2016/2017 Academies Account Direction

The ESFA has published its Academies Accounts Direction for 2016/17. Although the changes aren’t as significant as last year, there are a number of things to consider. As well as introducing new disclosure requirements, including academy transfers and the apprenticeship levy, and providing guidance on accounting for premises occupied by church academy trusts, the ESFA has taken the opportunity to re-affirm/clarify existing financial administrative and legal requirements.

2016/2017 Academies Account Direction

The ESFA has published its Academies Accounts Direction for 2016/17. Although the changes aren’t as significant as last year, there are a number of things to consider. As well as introducing new disclosure requirements, including academy transfers and the apprenticeship levy, and providing guidance on accounting for premises occupied by church academy trusts, the ESFA has taken the opportunity to re-affirm/clarify existing financial administrative and legal requirements.