What is the rationale for giving cash prizes to Charity Governance Awards (CGA) winners?
As the winners of CGA have good governance procedures in place, the Charity Council believes that they should be given the autonomy to decide what they wish to do with the prize money. The winners could use the cash prizes to advance their charitable objectives. Alternatively, they could consider using the cash prize to raise their level of governance such as sending their staff and board members for training.
For parity and to provide an opportunity to other charities in the same category to win the title of CGA, CGA winners are not eligible to for CGA for the next three years.
Need more help?
Get in touch