The charity regulator for England and Wales has widened its investigation into Barnabas Help – additionally referred to as the Barnabas Fund – to incorporate the actions of 4 charities with hyperlinks to the organisation.
The Charity Fee introduced on Thursday that it was launching a statutory inquiry into the TBF Belief, the Oxford Heart for Faith in Public Life, the Reconciliation Belief and Servants Fellowship Worldwide (SFI).
The charity regulator stated the brand new investigations have been launched after figuring out “potential dangers on account of their shared premises, trustees and/or founders and the move of funds with Barnabas Help, one other charity beneath investigation”.
Barnabas Help has been beneath investigation by the regulator since final October over “severe issues about compliance with charity regulation and using charity funds”.
On the time, she capped Barnabas Help transactions at £4,000. It has now moved to restrict the transactions of the TBF Belief, SFI and the Oxford Heart for Faith in Public Life to £2,500 whereas finishing up its investigations. Transactions above this quantity require the written approval of the Charity Fee.
The financial institution accounts of the Reconciliation Belief have been utterly frozen.
“This is because of issues that the charity's funds may very well be in danger,” the charity fee stated.
The prolonged inquiry will take a look at compliance with the regulation within the charity's administration, any threat to the charity's property and different property and whether or not there was any misconduct or mismanagement by the charity's trustees.
It can additionally think about the connection between the 4 charities and Nexcus Worldwide, the US not-for-profit umbrella group that sits over all of the ministries of the worldwide Barnabas household, together with Barnabas Help UK, USA, Australia and New Zealand.
Barnabas Help stated in a press release: “We’re dedicated to openness and transparency and welcome the extension of the Charity Fee to their statutory investigation into different elements of the Barnabas Household and interlinked Christian providers.
“For the avoidance of doubt, the entities listed within the Charity Fee's assertion have all the time fashioned a part of the Barnabas Household. It’s proper that the Charity Fee has expanded its work to incorporate these organisations.”
