Hi all.
One group I'm involved with (didn't duck when they were looking for help) is setting up as a new charity. Don't ask em why, but thats the route they are going down.

The problem comes with the recent change in charity law.
Can register as a company quite easily still, as many charities do.
But to register as a charity they charity commission now requires £5k in the bank or else solid promises of money that will be available once charity number given (ie funder can only give to charity but has allocated the money for the company).

I'm pushing regular giving and some money has been donated or promised by local churches.
But can't become a charity until we have this £5k in the bank or promised by letter.

Any suggestions?
I've rung a few trusts that I have a good relationship with, none of the admin staff had even heard of the new requirement so had no idea about how the charity would see a request.

The money jusy has to be in the bank a short time - can be spent as the charity requires thereafter.
Just getting to that point.

Any ideas from the forums?

Many thanks.

Martin Davies
mart2306@hotmail.com [1]