Welsh charities need to release £12m in dormant funds

The Charity Commission and Community Foundation Wales is warning that charities have up to £12m in dormant funds which could be accessed to use for charitable causes

The Charity Commission, backed by Welsh government, has launched the Revitalising Trusts Programme in Wales to unlock up to £12m of dormant charitable funds in Wales.

The programme is urging trustees of inactive charities to come forward for support to put their charitable funds to good use.

The Charity Commission and Community Foundation Wales will support trustees to release inactive funds, redistributing these to good causes through Community Foundation Wales. Alternatively, the Commission will support trustees to breathe new life into the charity, for example by changing their charitable purpose.

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