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
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