Charities and voluntary and community groups hard-hit by the recession must think about merging or collaborating with other organisations, according to Charity Commission chief executive, Andrew Hind.
Despite most Third Sector groups currently struggling to weather the economic storm, a recent Charity Commission report has found that only 3% have considered teaming up with other similar charitable organisations.
In response to these worrying findings, the Charity Commission is proposing to offer merger advice and resources in the coming months.
The Commission chief executive, Andrew Hind, has also urged charities and voluntary groups to take more important measures to ensure their survival. He claimed making the best use of their existing resources and installing sound governance procedures were essential steps for any charitable organisation in the current climate. He also suggested cutting away any secondary activity not entirely relevant to charitable pursuits and encouraged groups to think about the positive opportunities a recession might throw up, such as more volunteers.
Source: Charity Commission