Charity Finance Group reports year of growth and development

24th September 2013

Charity Finance Group released its 2012-13 annual report today, showing a year of continued resilience and development, despite the tough economic climate. Although the number of charities in membership fell by 3%, individuals in membership grew by 23% to 2,237 – demonstrating the value that charities see in connecting more of their finance team to the support and services CFG offers, and securing a slight increase in income for the year.

CEO Caron Bradshaw commented: “We have a vision of a financially confident, dynamic and trustworthy charity sector. Last year’s activities represent excellent progress. We have improved our support for charity finance professionals at either end of the spectrum - and in particular have taken important steps forward in making our services more accessible to both smaller charities and the wider finance function within larger organisations.

“We’ve made valuable progress in our policy work over the past year, strengthening our influencing work in core areas, for example by leading the sector’s engagement on charity pension liabilities, changes to accounting standards, and collaborating effectively with others where appropriate, such as on the many important changes to Gift Aid currently underway.

“We have also taken another step forward in our impact journey this year, as well as supporting others in theirs. While this report is not a full impact report, it takes us further along in demonstrating what we do and the difference it makes, for example, through improved use of infographics and case studies.

“Financially it has been a year of investment into our work, and we are pleased to have achieved a slight increase in our income, in spite of continuing tough economic conditions.

“In the next year we are focusing on extending our services beyond our membership and increasing the scope of our support to deliver a more comprehensive training programme to members, wherever they are located."

- Ends -

Notes to Editors:

1. Charity Finance Group; inspiring the development of a financially confident, dynamic and trustworthy charity sector. Charity Finance Group works with finance managers to enable them to give the essential leadership on finance strategy and management that their charities need; promoting best practice in charity finance, driving up standards, campaigning for a better operating environment and ensuring every pound given to charity works harder - it’s essential to maintain the trust of charity donors. CFG has more than 2,200 members, all senior finance professionals working in the sector and collectively our members are responsible for the management of over £19bn in charitable funds.

2. CFG’s full annual report for 2012/13 can be seen here.

3. For further information, please contact Niroosha Loganathan, PA to the CEO:, 0207 250 8346.

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© Charity Finance Group / © Charities Resource Network / Registered Office: 15-18 White Lion Street, London, N1 9PG.
A Company Limited by Guarantee. Registered in England No. 3182826, Registered Charity No. 1054914, Registered VAT No. 945 6038 09.