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Watchdog to keep an eye on charities that run businesses
It will flag conflicts of interest that may arise and offer guidance on non-charitable activities
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In 2017, a total of $2.65 billion in donations was collected - down 7.3 per cent from $2.86 billion in 2016.
PHOTO: ST FILE
Rahimah Rashith, Theresa Tan
The charities watchdog will be paying more attention to groups that venture into business, flagging conflicts of interest that may arise and the need for enhanced guidelines to protect the interests of charities.
In its 2018 annual report released last Thursday, the Commissioner of Charities said it will provide guidance to charities that engage in non-charitable activities such as setting up business subsidiaries.
