Charity Cash Freeze: We Care Foundation Under Investigation
The Charity Commission has launched a probe into the We Care Foundation, slapping a freeze on its bank accounts amid serious concerns. Questions swirl over trustee decisions and suspicious payments to trustees and their companies.
Who Are We Care Foundation?
Based in Bristol, the We Care Foundation offers financial aid and support to victims of war and natural disasters overseas — and even one local recipient in Bristol. But now their charity work is overshadowed by controversy.
Red Flags Over Trustee Payments and Governance
- The inquiry kicked off on 25 January 2024, following months of concerns first raised back in June 2022.
- Major issues include large payments made to trustees and companies linked to them that weren’t properly recorded or explained.
- At one point, only two trustees—who were married—were running the show, making major financial decisions alone. This lack of oversight sent alarm bells ringing.
What’s Next?
The Charity Commission froze the charity’s bank accounts to safeguard its funds while it digs deeper. Their investigation will examine:
- Whether trustees met their legal duties
- The charity’s cooperation with the Commission
- Any undisclosed payments to connected parties
- Possible trustee misconduct or mismanagement
The probe could widen if more issues pop up. Once wrapped up, the Commission will publish a full report revealing the findings and outlining next steps.