‘Inevitable’ that charities will be forced to fund the regulator, says William Shawcross
The Charity Commission said it will open a consultation “later this year” to review the possibility of a charity-funded regulator – a model its chair William Shawcross said would be “inevitable” in the future.
Speaking at the Charity Commission’s annual meeting yesterday, Shawcross said it was “impossible” to think “that the Charity Commission could continue to exist as an effective regulator while constantly facing cuts by the Treasury year after year”.
“It doesn’t work,” he said. “So I think it’s inevitable in the long run that more funding of the Charity Commission will have to come from charities”.
Shawcross said a charity-funded regulator would reflect existing funding patterns across “many other parts of society”.
“There is no reason why it shouldn’t happen in this part,” he said. “I don’t think it’s possible to expect the taxpayer to fund the charity sector’s regulator”.