The following Private Client guidance note provides comprehensive and up to date legal information covering:
When setting up a charity the longevity of that charity must be a critical factor in determining its aims and objects. If it is a short term prospect (perhaps for a specific event) then this is not such a problem but if long term it has to be recognised that aims and objectives may well change, or have to change, over time.
Before setting up the charity some aims need to be clarified:
what the charity will practically seek to achieve
allied to this, who will benefit from the charity
is the actual work the 'charity' is proposing charitable within the legal definition
what are the advantages and disadvantages of being a charity—some activities (particularly political) may not be best served (if even possible) via a charitable organisation
One problem that is faced by new charities is uniqueness. There are many charities (over 160,000 registered by the Charity Commission as at 2012) and some overlap of aims and objects is bound to occur. The problem could then develop of charities in a particular sector vying for funds to the detriment of both and an unnecessary splitting of resources to achieve the same end. Better in those circumstances to amalgamate where possible on the basis of economies of scale.
Of course many charities are set up by Will, or by
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