Please contact IBB Charity solicitors for more information: http://www.ibblaw.co.uk/services/charities …
Please contact IBB Charity solicitors for more information: http://www.ibblaw.co.uk/services/charities
In this article Eva Abeles, Senior Solicitor in IBB Solicitors
Charities team, offers some practical tips.
Due diligence, however tedious it may seem, is one of the key components of effective and responsible grant-making.
The results of the due diligence checks on the donee and its accounts should be kept in a file, together with a signed copy of the grant agreement, so that it can be provided to HMRC (or the Charity Commission)
should they decide to inspect or query any grants made.