LBMW solicitors attend the Charity Commission’s Public Conference: our summary of the new CEO’s vision
We take a look at the key take-aways from David Holdsworth’s speech at the Charity Commission Annual Public Conference held on 26 November.
David Holdsworth, CEO of the Commission, reaffirmed his commitment to improving trustee support through accessible guidance and innovative campaigns. He set out the strategic goals to 2029, as focusing on effective use of technology, data, impactful regulation and facilitating dialogue on adapting to societal and technological shifts to secure the sector’s future.
He acknowledged that charities have faced financial pressures over the past few years from the pandemic, cost-of-living crises, and increased demand for services while grappling with reduced income. Other notable challenges that he highlighted were rapid changes in technology (e.g., AI) and evolving societal attitudes which challenge traditional charity models. He commented on the unfortunate rapid decline in volunteering which followed the COVID-19 pandemic.
David Holdsworth stated that the Increasing complexity of compliance cases and higher demands for registration and oversight put pressure on the Commission’s resources, but was optimistic for the future stating that new tools and approaches, such as AI to will enable charities to enhance their impact. He touched upon the historical Impact of Charities and provided examples of medical advancements and social progress to underscore the sector’s enduring relevance. The Conference also highlighted that contrary to all challenges, public trust in charities is at a 10-year high.
He concluded the speech by a call to action for charities by reminding charities that reporting and financial transparency are the cornerstones to maintain public trust in the sector. He encouraged charities to remain true to their core missions while embracing innovation. Finally, he ended with a call to action for charities to participate in consultations on a new government-charity covenant recognizing the sector’s strategic importance.
There were also very useful discussions on the challenges charities face from a practical perspective, particularly in relation to banking and for charities providing international aid. Confirmation that the Charity Commission is working to try to ease the path for charities facing compliance and practical difficulties accessing banking services will be gratefully received.