Lord Harrison – 2014 Parliamentary Question to the Cabinet Office

The below Parliamentary question was asked by Lord Harrison on 2014-03-24.

To ask Her Majesty’s Government what steps they are taking to incentivise good stewardship of assets by charities.

Lord Wallace of Saltaire

Charity trustees have a legal duty to protect their charity’s assets and resources. The Charity Commission for England and Wales has published updated guidance on stewardship of charity assets which has been widely welcomed. As part of its charity law project, the Law Commission is currently considering the powers and duties of charity trustees in relation to social investment.