JFSC TO VISIT JERSEY NPOs
ON 22 MARCH, the JFSC announced its intention to undertake on-site assessments of Non-Profit Organisations and their obligations to keep a record of significant donors.
The JFSC have contacted selected NPOs and set the date for the first on-site assessment.
The on-site assessment will focus on
- The obligation to keep a record of significant donors in line with the Article 5 of the Non-Profit Organisations (Prescribed NPOs – Additional Obligations) (Jersey) Order 2022.
A ‘significant donor’ means a person who, during the last 12 months, donated to the prescribed NPO (as a single donation or cumulatively):
- £10,000 or above
- Over 50% of total donations made to the prescribed NPO during that period.
Following the on-site assessments, the JFSC will share a best practice paper with the wider NPO sector, to support training and awareness.
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