Government redestributing unused bank accounts

Submitted by Forum_Admin on 4 August, 2005 - 09:07.

Hi

I'm not sure whether this should be posted in this forum, so apologies if not relevant.

I have read that the government plans to share the money from unused bank accounts between a select number of charities.

Whilst trying to find out more information, all I could find were investor sites opposed to the scheme.

However, I wondered whether anyone had any further informaiton, ie how does a charity get on the list?

It was reported in The Times on 21st July.

Thanks

Kate

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RE: Government redestributing unused bank accounts

Thank you

RE: Government redestributing unused bank accounts

A quick search on this site shows that we've been covering the development of two initiatives in this area since 1992. There is the Charity Commission's work:

Charity Commission hunts out dormant charity bank accounts
[url]http://www.fundraising.co.uk/news/2483/[/url]

Hand over contents of dormant accounts to charity, says MP
[url]http://www.fundraising.co.uk/news/2865/[/url]

Charity Commission releases dormant money for local charities
[url]http://www.fundraising.co.uk/news/3268/[/url]

and that of the Balance Charitable Foundation:

Balance Charitable Foundation announces initial grantmaking focus
[url]http://www.fundraising.co.uk/news/4899/[/url]

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