A backronym developed for Lean startups[1], which can be easily adapted and used by any group developing an idea e.g. in a brainstorming session.
B is for the “Business opportunity”. (This can be swapped for “Basic premise” (e.g. for NPOs) or “Business requirement” in an Agile environment)
R is for any “Risks” that are to be managed or mitigated. (Planned for, insured against, avoided etc.)
Source: Richard Braham @ fullfact.org
For every hundred pounds that’s made in the UK, seventy pence goes towards foreign aid.
Another way to say this is that the government has a target to spend 0.7% of the UK’s Gross National Income on overseas development aid each year. Gross National Income (GNI) is the UK’s annual output of goods and services, plus any income we get from abroad.
In 2016, the UK spent £13.4 billion on overseas aid, in line with the 0.7% target.
Because the UK economy is set to get bigger over the next few years the real value of development aid spending is expected to increase.
Source: CAF Online (https://www.cafonline.org/about-us/publications/blockchain)
New models of digital 'cryptocurrencies', such as Bitcoin, could present both major opportunities and challenges for charities. In this video we look at some of these opportunities and challenges, such as the potential for ‘radical transparency’ of donations, the possibility of making it easier to get aid money to where it is needed and the challenge of anonymous cryptocurrency donations.
Read the full report here.
Constitution for a CIO whose only voting members are its charity trustees
The Charitable Incorporated Organisation (CIO) is a new legal form for a charity. It has been created in response to requests from the charitable sector. It is a new incorporated form of charity which is not a limited company or subject to company regulation. The Charities Act 2011 creates the basic legal framework for the CIO.
This framework is completed by regulations:
To set up a new charity, you must decide what sort of legal structure it will have.
Your charity structure is defined by its ‘governing document’ (the legal document that creates the charity and says how it should be run).
The type of structure you choose affects how your charity will operate, such as: