Debate House Prices
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Charitable Bonds
wotsthat
Posts: 11,325 Forumite
This looks like an accident waiting to happen....
http://www.bbc.co.uk/news/business-16267298
Lending to organisations that are funded by charitable donations seems ill advised to me. For a start I don't want donations I pay to charities to be funding the profits of bondholders.
If I was a bondholder I'd be expecting constant photos of sick animals/ children arriving in the post to try and get me to donate some of my bond.
http://www.bbc.co.uk/news/business-16267298
A charity or social enterprise may be able to issue bonds if it has a viable underlying source of revenue with which to repay the bondholders. These may include a chain of charity shops, payments by result for the delivery of a public service, or a long track record in raising funds from a large donor base.
Lending to organisations that are funded by charitable donations seems ill advised to me. For a start I don't want donations I pay to charities to be funding the profits of bondholders.
If I was a bondholder I'd be expecting constant photos of sick animals/ children arriving in the post to try and get me to donate some of my bond.
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