Tag: Charity (practice)

In a report published on Friday, the Charity Commission said the Legatum Institute Foundation breached strict rules that ban charities from political activities. As a result, the charity’s trustees were ordered to remove the report from the thinktank’s website and be more cautious when publishing future reports on “controversial, highly political subjects”. The businessman has dismissed the claims of connections to Russia. As well as the Legatum Group, a private investment firm, there is also a non-charitable Legatum Foundation, which funded the report. After the referendum, the Legatum Institute’s former economics directorShanker Singham held several meetings with the pro-Brexit cabinet ministers Michael Gove and Boris Johnson. Several have become closely linked to political parties. The watchdog said the publication of the report had gone too far from the stated purpose of the charity, which is to advance the education of the public. David Holdsworth, the commission’s chief operating officer, said: “Our case found that the Legatum Institute Foundation breached regulation with the publication of its Brexit Inflection Point report. On such a highly political issue it is especially important that trustees can clearly demonstrate they are operating in line with our guidance to inform the public in a balanced and evidence-based way. “With this report, the trustees failed to meet the required standards of balance and neutrality.” The institute’s chair of trustees, Alan McCormick, said: “We are pleased that the commission has concluded its review of the Legatum Institute.