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Finance

GuideStar UK starts to publish online

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GuideStar UK, the charity that has been set up to provide detailed information online about UK charities, has started to publish updates on its progress.

The original holding page has been replaced by a site which contains information about the organisation, how it plans to create an online database of UK charities and its timetable to launch.

Blackbaud Inc to float

Blackbaud Inc, the software company behind The Raiser's Edge, is to sell shares in an Initial Public Offering ('IPO').

Blackbaud filed a registration statement with the Securities and Exchange Commission on 20 February 2004 indicating its proposed initial public offering of $100 million of its common stock.

Advice on trading subsidiaries using a charity's premises

Charities will continue to need to use trading subsidiaries for the indefinite future as the government has turned down proposals to allow charities to trade, according to solicitors Russell Cooke.

In their latest e-mail newsletter to clients, charity law specialists Russell Cooke report advise on how charities' trading subsidiaries might share a charity's premises.

CTT's new online payment service to handle all online/offline donations

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Charities Technology Trust (CTT) says that its new service CP Terminal will transform the way in which charities process credit and debit card donations

CP Terminal offers a new approach to online donation processing because it can also be used to handle offline payments. CTT believe this standardised solution will offer considerable savings to charities through improved efficiency.

Workwithus launches online marketplace for voluntary organisations

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Scottish voluntary sector portal workwithus has launched 3rdforcebuying.com, a procurement resource to help match voluntary organisations with suppliers of relevant products and services.

NAO reports on museums and art galleries' fundraising

"Museums and galleries have become increasingly successful at generating their own income", according to a National Audit Office (NAO) report on their fundraising activities presented to Parliament.

Alliance and Leicester offer improved banking services to charities

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Charities, clubs and other non-profit organisations can now earn up to 3.80% gross on their cash reserves at Alliance & Leicester Commercial Bank.

CAF appoints new head of investment services

Nicholas Rickard is to join CAF (Charities Aid Foundation) as its new Head of Investment Services.

Sir Nicholas Young appointed to GuideStar UK board

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Sir Nicholas Young, the Chief Executive of the British Red Cross, has joined the Board of Trustees of GuideStar UK, the new charity that will publish an online database of UK charities' financial and project information.

Mobile disaster recovery unit for charities

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The Charity Disaster Recovery Network (CDRN) will unveil a new mobile office support unit for charities next week.

The mobile support unit can be delivered "anywhere in England or Wales at a few hours' notice" and is designed to help a charity continue operating after it has experienced a disaster such as losing its office through fire or flood.

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