PwC publish review of the sustainability of fundraising self-regulation

Published at 00:01 AM on 18 July 2014

Self-regulation of charity fundraising will  be more effective if it simplifies the roles and responsibilities of three key organisations involved, and presents a unified strategy and voice to the public.

The findings are from a report reviewing fundraising self – regulation by PwC, commissioned by the Fundraising Standards Board (FRSB), Institute of Fundraising (IoF) and Public Fundraising Regulatory Association (PFRA). The review is part of the organisations’ response to the Hodgson Review of the Charities Act  in 2012, which examined self-regulation of fundraising in the sector. 

The PwC review looked at options for charity fundraising regulation, examining the roles played by the three bodies within the fundraising self-regulation system, with a view to recommending any improvements necessary to handle future challenges.

The review found the current structure came out favourably, albeit with improvements capable of being made including:

  • Development of an overarching shared strategy for self–regulation of fundraising in the UK;
  • A single public face online for the three organisations, run by the FRSB to address confusion in the public and charity sector over the roles and responsibilities of each of the organisations and provide one point of access to self-regulation;
  • The   Standards Committee to continue to be hosted by the IoF with an independent chair (with PFRA and FRSB as members) which sets rules for all fundraising; and
  • A review of the financing model to meet future resourcing requirements which will enable the organisations to have an appropriately flexible self-regulation approach. This will include, for example, consideration of shared back office functions which present savings for all the organisations.

Since the 2012 Hodgson Review, the three organisations have been considering how best to take on board its recommendations and the PwC review forms part of these considerations.  The review concludes that a more unified, and responsive self-regulation system between the three organisations, would allow hot topics in the fundraising sector to be identified and acted on earlier.

Ian Oakley Smith, head of charities, PwC said:

“The key message from this review is to simplify and act as one. This will provide both charities and the public with the additional confidence and clarity they will need to maintain effective self-regulation in the sector.”

The Fundraising Standards Board, Institute of Fundraising and Public Fundraising Regulatory Association have today jointly welcomed the publication of PwC’s proposed model for future self-regulation of fundraising, saying:

“This independent report marks the beginning of a new period of closer collaboration and cooperation within the fundraising self-regulatory system.

“While we arepleased that PwC has recognised the work already undertaken to raise standards and improve public awareness, we acknowledge that more can be done.

“Moving forward, we are confident that the report provides us all with a number of opportunities to streamline our activities and strengthen our respective roles. We will now be working closely with our memberships and reviewing how best to implement the recommendations made by PwC.”

ends

Notes

Download a summary of the report here.

Contacts:

  • PwC - Rowena Mearley, PwC Media Relations, [email protected] / tel 0207 213 4727 / 07841  563 180.
  • Fundraising Standards Board – Lucinda Frostick (Turner PR), Tel. 07712 045 308
  • Institute of Fundraising – Daniel Fluskey, Tel. 020 7840 1009
  • Public Fundraising Regulatory Association - Peter Hills-Jones, Tel. 020 7401 8452 / 0790 221 8486

About PwC
PwC is one of the leading providers of professional services to the sector with over 400 charity clients. Our work has included a five year collaboration with the Charity Finance Group and Institute of Fundraising analysing conditions for the charity sector, and strategies for survival and growth during the downturn and subsequent recovery.

 


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