“It is important they are transparent about the reasons for holding on to a large quantity of funds, including donations. Radhakrishnan said the review did consider new rules requiring distribution plans for funds, and requirements that a percentage of funds charities held be distribute towards their charitable purpose. The Department of Internal affairs will also be reviewing performance measures for charities, and the requirements for charities to remain registered will be made explicit. The review will be the biggest overall of charity rules since the act was first introduced in 2005. The review of the Charities Act commissioned by the Government was led by the Department of Internal Affairs.
Source: Stuff June 02, 2022 06:17 UTC