How was the Charity Transparency framework developed?
The Charity Transparency Framework (CTF) was launched in 2015 with an aim to improve transparency and accountability in the charity sector. In 2016, the inaugural Charity Transparency Awards was held to recognise charities who had performed well in their disclosure practices based on the CTF’s Charity Disclosure Scorecard.
In 2019, the Charity Council formed a sub- committee to review the CTF’s relevance and applicability for charities, as well as to align the framework to the refined Code of Governance issued in 2017. The review was done in consultation with charities, grant-makers, and Sector Administrators. The revised CTF was published in 2020.
The revised CTF and Charity Disclosure Scorecard serve as a guide for charities to disclose key aspects of information so that public and donors could have a meaningful understanding of their work and how well managed and governed they are, and make informed giving decisions.