Are you looking to make an impact in your local community? If you are, we want to take a second to thank you. Helping to improve the community you live in, and make the world a better place than you… Read More ›
CIC
A Complete Guide to the Community Interest Dividend Cap
Should you use the CIC dividend cap? It’s a question a lot of directors and board members of CIC organisations have to ask themselves. The community interest dividend cap is there to help CICs remain community activist organisations. The primary goal… Read More ›
January Roundup of the Latest Grant Funding Advice
Grant funding is quite possibly the most integral piece of community interest and nonprofit work. The spirit of connection stems from lending a hand to those that really need it. And this practice works best when we are vulnerable to… Read More ›
How to Donate to Your Local Food Bank
With the prevalence of the pandemic, food insecurity is on the rise. According to the ENUF, 10 percent of households were food insecure in 2016. This number is only expected to grow. You can make a tangible impact on the quality of… Read More ›
Filing CIC Accounts: Guidelines for Community Interest Companies Accounts
Filing an annual report means facing a dedicated deadline that many struggle to plan for. Between wrestling with the details of what needs to be filed when the filing needs to be complete, and how much time the report compilation… Read More ›
How to Convert a CIC to a Charity
The instruction of community interest companies (CIC) provided organisations with new ways to view profit and community. Like any hybrid system, the aim was to match a combination of interests. However, a combination of interests rarely remains in balance. What… Read More ›
The Benefits of Forming a CIC Over a Charity
Like so many things that a person sets out to build, the underlying structure and intent combine to create the final form. Some structures will help one aspect of the organization and hinder others. No structure is perfect and everything… Read More ›
CIC v Charity: Understanding the Difference
If you’re considering setting up a social Enterprise that will benefit the community-at-large, you have two choices – a community interest company (CIC) or a charity. While both are designed to offer some benefit to others or the planet, they… Read More ›
Mindset: A Guide to Community Interest Company Success
The world of business entities can be quickly divided into three super categories: for-profit business, charities, and community interest companies (CICs). CICs straddle the line between a pure charity and a for-profit business. A CIC can make a profit, but… Read More ›
Asset Locked – The CIC Mystery
When forming a CIC, there is a guideline that a CIC cannot transfer its assets except under special circumstances. It’s called an asset lock. Asset lock is one of the key features of a CIC. It’s this concept that governs… Read More ›