At a time when charities are feeling the pinch, local professionals have joined forces to launch a series of events aimed at helping charitable and voluntary organisations to invest their funds wisely to maximise the yield.
The Charity Trustees Investors Association (CTIA) is an independent group of professionals who share a common interest in promoting awareness and sharing knowledge of investment related issues within the third sector.
A new Birmingham based event is being launched on 25th April to help the thousands of charities within the West Midlands and across Staffordshire, Shropshire, Worcestershire and Warwickshire, to make more informed investment decisions.
Across these regions alone there are around 18,000 registered charities, with more than 179,000 registered charities across England and Wales, bringing in an annual income of some £56 billion.
The CTIA aims to support charity trustees, finance directors and other not-for-profit professionals who are involved with making investment decisions by providing regular educational, informative and challenging debates.
Taking place at the offices of Groundwork UK, the first CTIA Breakfast Symposium will kick off a series of regular events which will bring together senior charity professionals, trustees, fund managers, solicitors and specialist charity investment advisors to discuss the issues surrounding investment.
Simon Williams – Chair of the CTIA comments: “It is estimated that within the UK, charities hold investments worth a total of around £56 billion. Investment strategies play a major role in providing the income that enables many charities to deliver their activities.
“These planned events will specifically focus on charity investment related matters and will be aimed at helping trustees and finance directors manage their responsibilities. Since launching the CTIA website we have received considerable interest from charity professionals wanting to join us and attend our launch event.”
The Breakfast Symposium will feature a range of guest speakers from charities, financial institutions and solicitors, who will encourage lively debate and networking.
Paul Viles – Financial Controller from Groundwork UK, comments: “We are pleased to be hosting the first event at our Birmingham offices. As a national environmental charity, we know the importance of making sound investments which will yield good returns so we can maximise the funds we have available to improve communities.”
For more information about the CTIA Breakfast Symposium, or to make a booking, visit www.ctia.org.uk
Pictured left to Right: Simon Williams – Origin Financial, Paul Viles – Groundwork UK, Gregg Henderson – Standard Life Wealth, Paul Ord – Quilter, Philip Chapman – Wall James Chappell Solicitors.
Notes to Editors
The Charity Trustees Investors Association (CTIA) is an independent group of professionals who have come together to promote awareness and share knowledge of investment related issues within the third sector.
Its aim is to support charity trustees, charity finance directors and other not-for-profit professionals who are involved with making investment decisions by providing them with regular educational, informative and challenging debates.
Members include senior charity professionals, trustees, fund managers, solicitors and specialist charity investment advisors who are encouraged to build relationships and share knowledge for mutual benefit.
Breakdown of registered charities – source: Charity Commission
Birmingham City: 2333