History
In 1924 the National Council of Social Service set up a Charities Department to encourage efficient giving to charity. This department was later renamed the Charities Aid Fund while the National Council of Social Service became the National Council for Voluntary Organisations (NCVO).
The Charities Aid Foundation took on its current name and form in 1974 when it was spun off from the NCVO as an independent organisation.
Currently it handles over £1 billion a year and employs more than 500 staff.
Over the years CAF has been instrumental in pioneering and incubating funding solutions; including CAF Venturesome, a high-risk investment fund, and Charity Bank, which became independent in 2002.
Read more about this topic: Charities Aid Foundation
Famous quotes containing the word history:
“The disadvantage of men not knowing the past is that they do not know the present. History is a hill or high point of vantage, from which alone men see the town in which they live or the age in which they are living.”
—Gilbert Keith Chesterton (1874–1936)
“It takes a great deal of history to produce a little literature.”
—Henry James (1843–1916)
“False history gets made all day, any day,
the truth of the new is never on the news
False history gets written every day
...
the lesbian archaeologist watches herself
sifting her own life out from the shards she’s piecing,
asking the clay all questions but her own.”
—Adrienne Rich (b. 1929)