Charity banking critical as 'grant competition toughens'?

Charity banking could be even more central to the success of third sector organisations, as one expert has warned competition for funding will become "much tighter".

Addressing the recent Institute of Fundraising Scotland conference in Glasgow, trainer and assessor Susan Robinson claimed donations-reliant groups will need to demonstrate positive use of budgets in order to secure fiscal support.

With grants becoming scarcer, charity banking could help bodies make the most of their money, potentially offering favourable rates or simplifying financial management to free-up time for other activities.

Ms Robinson noted websites dedicated to analysing organisations' fiscal information are becoming more common, indicating donors and the wider market are increasingly demanding when it comes to accountability.

The Institute of Fundraising is a professional membership body aiming to facilitate the sharing of best practice and provide support to the third sector, offering events on fundraising and social networking, among other subjects.  ADNFCR-2318-ID-800199378-ADNFCR