The through-the-looking-glass world of charity finance...

The through-the-looking-glass world of charity finance...

This article by the great Clara Miller of FP Heron Foundation is the first thing I've read which really gets to the heart of the contradictions and weirdnesses of charities' capital structure. The test is a smart way of getting us to think about this sometimes complex subject differently. A must-read for trusts, donors and foundations. It also indicates just how canny you need to be as a charity CEO to manage such complex finances...

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