Overview
- The inquiry began on 22 January under section 46 of the Charities Act 2011 to safeguard the charity’s property.
- An immediate temporary order requires prior written approval from the Commission before the charity or its trustees enter specified transactions.
- The scope includes governance, the Foundation’s relationship with the FIA, and whether conflicts of interest in grant-making were properly managed, including any risk to assets.
- The Commission states it has reached no conclusions and that opening the inquiry is not a finding of wrongdoing.
- The scope may widen if further issues arise and a report is expected after the inquiry concludes, while the Foundation says it will cooperate and the FIA describes the charity as independent.