I'm not a huge fan of Sport Relief et al...

[SueEllen]

It's all a con imho - Comic Relief and Sports Relief have millions saved away, yet still beg for donations every year. Why don't they clear out the saved funds before begging for more ?

Charities need to have reserves to keep going in case one form of funding disappears. (Sports and Comic Relief actually give their money to local charities who ask for grants. )

Kids Company didn't and were warned about their spending.

[SueEllen]

Based on what?

Not everyone on here is a tight wad.

[d000hg]

Not everyone on here is a tight wad.

I said most not everyone A bit like how not everyone here is an ultra-right-winger.

[MarillionFan]

I said most not everyone A bit like how not everyone here is an ultra-right-winger.

But they're not are they. For example, you're a woofty God Loving liberal, so pissed on that theory didn't it.

[kaiser78]

Charities need to have reserves to keep going in case one form of funding disappears. (Sports and Comic Relief actually give their money to local charities who ask for grants. )

Kids Company didn't and were warned about their spending.

£30m in reserve is not necessary - a couple of million maybe, but not £30m.

[d000hg]

But they're not are they. For example, you're a woofty God Loving liberal, so pissed on that theory didn't it.

I don't think I am a liberal (and plenty of God loving folk are very right-wing so that has no relevance) although since you seem to have read my last post exactly backwards, who knows what you're trying to say.

[SueEllen]

£30m in reserve is not necessary - a couple of million maybe, but not £30m.

How do you know it's not necessary?

If you look at other large charities they explain to you in their annual report why they have such large reserves. These reasons include:

• to cover the operating expenses of the charity in the event of a downturn in income and / or unforeseen increases in costs for one to two years
• the costs of unforeseen liabilities for employment or other legal claims not covered by insurance
• the costs of closure or wind-down of the core operations of the charity.

[MarillionFan]

I don't think I am a liberal (and plenty of God loving folk are very right-wing so that has no relevance) although since you seem to have read my last post exactly backwards, who knows what you're trying to say.

I'm saying you're a chunt. Got it now? Chunt.

Chunt. Chunt. Chunt.

HTH

MF

[d000hg]

I'm saying you're a chunt. Got it now? Chunt.

Chunt. Chunt. Chunt.

HTH

MF

Thanks for sharing.

[kaiser78]

How do you know it's not necessary?

If you look at other large charities they explain to you in their annual report why they have such large reserves. These reasons include:

• to cover the operating expenses of the charity in the event of a downturn in income and / or unforeseen increases in costs for one to two years
• the costs of unforeseen liabilities for employment or other legal claims not covered by insurance
• the costs of closure or wind-down of the core operations of the charity.

Join the real world - there is no way any of the above would require £30m to be held on account in the event of needing to cover. Surely ???