Charity Commission has issued an updated guidance, Investment of Charitable Funds (CC14), where the focus is on financial investment and programme related investment. The guidance now also includes some guidance on ‘mixed motive’ investment. This is another approach to investing and is an emerging area of interest for some charities.
Charities invest so that they can further their charitable aims. They can invest in a number of ways to achieve their aims, and there are specific legal duties and decision making processes attached to each. Trustees must be able to show how an investment is in the best interests of the charity.