Thursday 30 June 2022 04:36 AM Captain Tom Moore fund faces charity probe: Foundation in crisis as watchdog ... trends now
The Captain Tom Foundation was in crisis last night after the Charity Commission revealed it is opening a statutory inquiry.
It is investigating decisions that ‘may have generated significant profit’ for a company run by the war veteran’s family.
The commission opened a case last year but has escalated it due to ‘newly identified concerns’.
Captain Sir Tom Moore made headlines by raising £38million walking circuits of his garden during the first Covid lockdown in April 2020
Captain Sir Tom Moore raised £38million by walking circuits of his Bedfordshire garden to mark his 100th birthday during the first Covid lockdown in April 2020.
That money was donated to NHS Charities Together and does not fall within the scope of the inquiry. The foundation was set up in May 2020 to continue his legacy. Captain Tom died with Covid the following February.
The Charity Commission’s principal focus will be on intellectual property and trademark issues. As well as donations, the foundation generates income through branded merchandise including T-shirts and gin.
Captain Sir Tom Moore pictured