Winner of Adrian Randall Challenge Prize announced

18th November 2015

CFG are delighted to announce the winner of the 2015 Adrian Randall Challenge Prize. The prize is a grant awarded to individuals who have demonstrated excellent, inspiring practice in charity finance.

The grant of £5000 will be awarded to Nick Dugdale. Nick is International Financial Planning & Analysis Manager at Compassion in World Farming, and Treasurer of Attitude is Everything.

Nick submitted a nomination to develop a digital application for charity finance, which would aim to share best practice and enable the sector to become more impactful.

Nick had developed the idea following a successful period of strategic planning, during which he and his colleagues at Compassion in World Farming had taken the opportunity to rethink how their financial processes worked, ultimately enabling the organisation’s management to focus on longer term decision making.

The judges commented that the nomination was particularly strong in that it addressed the sorts of challenges facing many charities in the sector at present.

Caron Bradshaw, Chief Executive of CFG and one of the judges of the prize, said:

“The judges were inspired by the fact that the winning nomination contained an idea for a project that could be potentially transformational for charities. It outlined a practical way that organisations could begin to shift from being focused on compliance to being an enabler of good practice.

I also felt that the ideas outlined in the winning nomination really resonated with the work of CFG and contained some ideas and ambitions that are core to our work. We look forward to working with Nick to support the project to develop.”

Nick Dugdale, receiving the prize, said:

“I am excited about working with CFG to develop a digital application for the sector that promotes best practice and builds on the achievements of the strategic finance function at Compassion in World Farming.

It was amazing to be able to discuss my work with such an inspiring judging panel and a great honour to receive the 2015 Adrian Randall Challenge Prize.

CFG has become an ever more important resource, in the context of a shrinking Charity Commission budget, through their training and support, but have been crucial in promoting the importance of finance as a strategic function rather than merely a compliance function.”

CFG will be supporting Nick’s winning project to develop further – visit our blog and website for regular updates.

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NOTES TO EDITORS:

1. The judges of the prize were:

  • Su Sayer CBE, Former CEO of United Response, chair of the Campaign to Protect Rural England (CPRE) and trustee of The Silverline Helpline and The Urology Foundation
  • David McAuley, Chief Executive of the Trussell Trust
  • Caron Bradshaw, Chief Executive of CFG
  • John Tranter, Director of Finance, The Children's Trust
  • Kevin Barnes, Director of Finance, Barnardo’s

2. Charity Finance Group’s vision is to inspire the development of a charity sector that is financially confident, dynamic and trustworthy. CFG 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. CFG has more than 1,350 members, and collectively our members are responsible for the management of over £21.1bn in charitable funds.

3. For more information, see www.cfg.org.uk/arp, and a Q&A document about the prize is available here (.pdf).

4. The Adrian Randall Challenge Prize (previously the Adrian Randall Prize) is running for the second time, it was originally awarded in 2013.

5. Please contact Kelly Ventress (kelly.ventress@cfg.org.uk or 020 7871 5474) for more information.

6. Compassion in World Farming aims to end factory farming and advance the wellbeing of farm animals worldwide through advocacy, campaigning and engagement.

7. Attitude is Everything works in partnership with audiences, artists and the music industry to improve Deaf and disabled people’s access to live music.

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