Charity Intelligence Newsletter May 2023

BE IN THE KNOW WITH THIS MONTH’S UPDATE...

? Why charities should take cyber risk seriously in 2023 and beyond

? New Charity Investment Fund performance report

? Meet the latest professional partners to join us

? Calendar: Stay up to date with sector events

Welcome from our co-founders Guy Davies and Lynn Pates

More charity insights and updates as charities continue to play their essential role...

?As the cost-of-living crisis and other challenges continue, we know many charities are doing the seemingly impossible – managing limited resources to meet rising demand.

So, we hope the insights and updates in this latest edition of the Charity Intelligence newsletter will come in useful.

We established Charity Intelligence with a simple aim: To help charities access the right investment, legal, accountancy and insurance expertise from professionals specialising in the not-for-profit sector.

Since 2017, thousands of charities have turned to us via our website which is completely FREE for them to use.

Find out more at www.charityintelligence.co.uk or get in touch at [email protected]

Why should charities take cyber risk seriously?

This month: Spotlight on Cymplify

Cyber risk is the risk all organisations face from cyber criminals, opportunists or ‘bad actors’ when connected to the internet.

“As a trusted partner to your donors, a vital provider of a whole range of support and services to those in need, and with often very limited budgets and a significant lack of cyber expertise in house, charities are in many ways the perfect target for cyber crime,” according to the team at Cymplify, providers of specialist software to manage cyber risk.

“So, it is vital that trustees, senior executives and team members are aware of the risks, understand the potential impacts, and are able to maintain constant vigilance.”

96% of successful cyber incidents or data breaches now involve some form of human intervention?intervention (Verizon Data Breach Report 2020), and attackers are targeting people as well as systems.

Find out more from Cymplify – including a real-life example of a cyber attack and how effective risk management could prevent it – on our website here.

WELCOME TO OUR NEW PROFESSIONAL PARTNERS

They've joined our database for charities at www.charityintelligence.co.uk

Cymplify is an active cyber risk management platform. It provides?a powerful, continuous and affordable solution to the problem of cyber risk exposure. View here

Farrer & Co provide cutting edge legal advice for your mission-critical projects and clear direction in a crisis. View here

The Charities and Education team within HSBC Private Banking?UK deliver a bespoke relationship management service, with experienced specialists who look after charities, educational organisations and not-for-profits. They provide a tailored, flexible solution. View here

Womble Bond Dickinson's specialist charities practice spends 100% of its time advising charities, institutions, foundations and not-for-profit organisations across the breadth of the sector, from educational and religious organisations to national charities and professional membership bodies and is highly ranked in legal directories across the UK. View here

Finding the right support for your charity… It really is as easy as RFP!

The Charity Intelligence Request For Proposal (RFP) is a free service that helps you easily match your charity’s requirements with the right professional support.

The aim is simple – to save you time and take the pain out of appointing the right specialists to help your charity succeed.

Visit our website here or email [email protected]

HOW ARE YOUR CHARITY INVESTMENTS PERFORMING?

Latest comprehensive guides now available to help your organisation.

The latest Charity Intelligence Investment Performance Fund Quarterly Review is now available on our website.

It?provides the most comprehensive guide to all charity-specific investment funds, including performance, costs, and other useful information. You can use the report to see how your charity investments are performing, providing you with reassurance on financial governance.

Access the?free report?on our website here.

Are you and your charity seeing the whole picture?

If your charity has multiple investments managed by more than one fund manager, it can be complicated and time-consuming to get a complete picture. But without a holistic view, it’s hard to know whether you’re achieving the best results.

Consolidated Reporting enables charities to independently quantify and analyse their overall assets and their performance to provide that complete view and get clarity.

You can find out more on our website, or email [email protected]

Charity events, webinars and training for you

Every month, dozens of great webinars, training sessions and other events take place to help charity trustees and leaders. See the latest on our website events calendar here