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Charities enjoy a high level of public trust and confidence. To maintain this they should be transparent about their activities, including where their funding comes from, what they do with it, and why (which also applies to charitable trusts and foundations). They should be able to demonstrate, in their own terms, how they are effective and why they are needed.
Report of the Independent Expert Group on Expenses (February 2010)
This report sets out the findings and recommendations of the Independent Expert Group on Expenses. In considering the issue, the Expert Group considered the expenses of CEOs and senior managers and, in addition, the expenses of trustees and all staff and volunteers within charities.