The Charity Commission today announced that it has opened an inquiry into the Mahfouz Foundation and donations it received that were intended for another charity
The Mahfouz Foundation has charitable aims which include the promotion of the history and culture of the Middle East.
The Commission has been engaging with its trustees since September after media reports alleged that donations, intended for the Prince’s Foundation, went instead to the Mahfouz Foundation. Some of these funds were then subsequently transferred elsewhere.
The regulator has also identified concerns around the trustees’ governance and financial control of the charity. The Commission escalated its case to a statutory inquiry on 2nd November.
This inquiry will examine:
The Commission may extend the scope of the inquiry if additional issues emerge.
It is the Commission’s policy, after it has concluded an inquiry, to publish a report detailing what issues the inquiry looked at, what actions were undertaken as part of the inquiry and what the outcomes were. Reports of previous inquiries are available on GOV.UK.