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Third Sector Finance.

Comment 8th July 2010

Restrict the amount of the available public funds which can be used for administration by the organisations operating the "funds" and deciding who gets the grants and loans from the available funds.

Why does this matter?

Many very worthy charities and third sector organisations rely on the funds from the government , given by way of loans or grants, but it is grieving to see how much of the "pot" is swallowed by the bureaucrats operating the dispersement  of funds .

 

When a new fund is launched the amount available for "administration" should be capped , and any organisation prepared to handle the dispersement should be restrained within this cap to conduct its administration of the fund .. This would hopefully make sure the money reaches the organisations and people it is intended to help rather than making a well padded "chair" for those administering the fund.



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