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“The Charity Commission has concluded its inquiry into Effective Ventures Foundation UK” by Rob Gledhill

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Manage episode 419618448 series 3281452
Content provided by EA Forum Team. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by EA Forum Team or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The Charity Commission for England and Wales has concluded its statutory inquiry into Effective Ventures Foundation UK (EVF UK), which was originally launched in 2023 following the collapse of FTX. The full report on the inquiry can be found here, and the Commission's press release on the inquiry can be found here. The inquiry's scope was to examine:

  • The extent of any risk to EVF's assets.
  • The extent to which the trustees were complying with their legal obligations to protect the charity's property
  • The governance and administration of the charity by the trustees.[1]

We are pleased that “the inquiry found that the trustees took appropriate steps to protect the charity's funds and complied with their legal duties acting diligently and quickly following the collapse of FTX.” The Commission's report notes the full cooperation of EVF's trustees and that they “sought to act in the charity's best interests.”

Although [...]

The original text contained 1 footnote which was omitted from this narration.

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First published:
May 22nd, 2024

Source:
https://forum.effectivealtruism.org/posts/gGadLX9Dc7XPqLhZc/the-charity-commission-has-concluded-its-inquiry-into

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Narrated by TYPE III AUDIO.

  continue reading

256 episodes

Artwork
iconShare
 
Manage episode 419618448 series 3281452
Content provided by EA Forum Team. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by EA Forum Team or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The Charity Commission for England and Wales has concluded its statutory inquiry into Effective Ventures Foundation UK (EVF UK), which was originally launched in 2023 following the collapse of FTX. The full report on the inquiry can be found here, and the Commission's press release on the inquiry can be found here. The inquiry's scope was to examine:

  • The extent of any risk to EVF's assets.
  • The extent to which the trustees were complying with their legal obligations to protect the charity's property
  • The governance and administration of the charity by the trustees.[1]

We are pleased that “the inquiry found that the trustees took appropriate steps to protect the charity's funds and complied with their legal duties acting diligently and quickly following the collapse of FTX.” The Commission's report notes the full cooperation of EVF's trustees and that they “sought to act in the charity's best interests.”

Although [...]

The original text contained 1 footnote which was omitted from this narration.

---

First published:
May 22nd, 2024

Source:
https://forum.effectivealtruism.org/posts/gGadLX9Dc7XPqLhZc/the-charity-commission-has-concluded-its-inquiry-into

---

Narrated by TYPE III AUDIO.

  continue reading

256 episodes

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