Charities don't tender enough

Howard Lake | 29 November 2000 | News

Charities are reluctant to tender over appointing professional advisers, and could therefore fail to secure the best deals, according to a new report. The HLB Kidsons and NGO Finance Voluntary Sector Governence Survey 2000, published in this month’s NGO Finance magazine, found that 38% of charities surveyed had remained with their bank for over ten years without looking elsewhere for a better deal. A total of 755 charities replied to the survey.

About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale. He is the founder of Fundraising Camp and co-founder of GoodJobs.