[Niamh.]

Originally Posted by Toy Soldier

Surely it must be set up as a charity and is it not then regulated? I'm sure charities have to use a certain percentage of funds for specifically what the charity states they are for...

I think I read somewhere that it's set up as a LTd company, I need to look it up though.

ETA :

this is it, don't think it's a charity

http://www.findmadeleine.com/about_u...ines-fund.html

(2) What are the registered details of Madeleine's Fund?

Madeleine's Fund: Leaving No Stone Unturned Limited is a company limited by guarantee, registered in England and Wales, CRN 6248215. Registered office: 2-6 Cannon Street, London EC4M 6YH.

(3) Why is Madeleine's Fund not registered as a charity?

Because Madeleine's Fund is currently focussed on searching for one child only, Madeleine McCann it cannot register as a charity. However in the future, if the objects of the fund are fulfilled and subsequently changed to concentrate on multiple similar cases, it may then be possible to acquire charitable status.

(4) Can gift aid or tax relief be claimed on my donation to Madeleine's Fund?

No it cannot because these are only available to registered charities.

(5) If Madeleine's Fund isn't a charity who is regulating it?

The directors regulate Madeleine's Fund and they aspire to follow best practice policies and processes used by charities. The directors have reviewed its operation against “Good Governance: A Code for the Voluntary and Community Sector”. This sets out best practice requirements for charities.

The Fund also has:

a Financial Procedures Manual
job descriptions for directors, chair and treasurer
clearly laid out policies and processes for:
payments
expense claims
risk management
whistle blowing
registering conflicts of interest
(6) Who are the directors of Madeleine's Fund?

There are six directors of the Fund. They are:

Brian Kennedy, a retired head teacher;
Edward Smethurst – A Commercial lawyer;
Jon Corner – Director of a media company;
Michael Linett- retired accountant
Kate McCann General Practitioner
Gerry McCann Consultant Cardiologist