OPERATIONAL GUIDANCE

CHARITY INCOME RESERVES

Title

Reference number

Page / paragraph

An overview

OG 43 A1

What constitutes "reserves" and how to identify them

OG 43 B1

The law and our policy

OG 43 B2

Fund-raising

OG 43 B3

Donations and legacies - income or endowment?

OG 43 B4

Scrutinising a charity's reserves policy

OG 43 C1

Charity judged to have reserves inconsistent with our guidelines

OG 43 C2

Explanation of, and index to, OGs E1 to E11 (which consist of sample extracts from charities' stated reserves policies followed by our comments)

OG 43 D1

Practical example of a reserves policy: A good explanation, but reserves above charity's stated optimum level

OG 43 E1

Practical example of a reserves policy: General justification for maintenance of reserves, but rationale for particular level questionable

OG 43 E2

Practical example of a reserves policy: Purpose and level of reserves explained, shortfall identified

OG 43 E3

Practical example of a reserves policy: Policy clearly explained, but reserves currently over planned limit

OG 43 E4

Practical example of a reserves policy: Purpose and required level of reserves clearly set out; policy has recently been reviewed

OG 43 E5

Practical example of a reserves policy: Need for and purpose of reserves clearly explained, but no comment on level of reserves

OG 43 E6

Practical example of a reserves policy: General principles understood and set out, but no detail as to how these will be applied

OG 43 E7

Practical example of a reserves policy: Income apparently being converted into endowment; amount of reserves actually held not clear

OG 43 E8

Practical example of a reserves policy: Reserves apparently being built up to produce income

OG 43 E9

Practical example of a reserves policy: Designated fund apparently being used as endowment; unclear why reserves are needed for purposes stated

OG 43 E10

Practical example of a reserves policy: Danger that building up reserves may become an end in itself

OG 43 E11

Precedents - trustees' duty to apply incoming resources

OG 43 P1

See also:

Charities' reserves

CC19

Go to:

Alphabetical Index to Operational Guidance
Explanation of Operational Guidance
Numerical List of Operational Guidance