WRAP has announced that it has registered as a charity following a successful application to the Charity Commission, saying the move cement’s the charitable philosophy of the organisation.
The confirmation to charity status is ahead of plans. WRAP chief executive Liz Goodwin revealed that the organisation hoped to achieve charity status by the end of March 2015.
Speaking of the announcement, Dr Liz Goodwin, CEO, WRAP, said: “While much of WRAP’s work has always been charitable in nature, registering as a charity cements this philosophy by giving us more scope to explore new ways of working and develop new ideas.
“It also opens up opportunities to access new sources of funding through foundations and trusts.
“WRAP is valued for its role in bringing different groups together, to drive change, and I believe we are better able to play that role as a charity.
Speaking in her August blog, Goodwin said the move will assist WRAP’s plans to increase its commercial resilience by diversifying funding – it will help to access trust funds and create new opportunities to develop and fund priority areas of work.
Liz Goodwin, WRAP – “This will offer us the greatest opportunity to achieve our mission, by helping to shape critical areas of sustainable resource use, such as food waste prevention, and making possible a more circular economy”
“This will offer us the greatest opportunity to achieve our mission, by helping to shape critical areas of sustainable resource use, such as food waste prevention, and making possible a more circular economy,” she said.
It will also give the group “greater flexibility” in terms of the way it works, allowing it to react and adapt as the needs of the market.
“Through diversifying our funding base we are able to bring our expertise to new markets, and increase our international impact.”