The fashion charity established by the supermodel Naomi Campbell has come underneath formal investigation from the charities watchdog over misconduct issues referring to its administration and finances.
Campbell created Fashion for Relief in 2005 to lift funds for youngsters residing in poverty and adversity world wide, and says it has raised thousands and thousands over the years for good causes by way of its annual charity fashion present.
The Charity Fee is to look at whether or not Campbell and her fellow trustees “have correctly exercised their authorized duties and obligations underneath charity regulation”, and can examine funds made by the charity to one in every of its trustees.
It’ll additionally have a look at the charity’s spending and the administration of Fashion for Aid by its trustees, together with potential misconduct and mismanagement and the failure to file statutory annual accounts on time.
Campbell is called as one in every of three trustees of Fashion for Aid, together with Bianka Hellmich and Veronica Sylvia Wing Wai Au Chou. All are listed as having been trustees of the charity since 2015.
Fashion for Aid has for years held glitzy fashion occasions to lift cash for its charity companions. In 2019, it partnered with Sadiq Khan’s Mayor’s Fund for London to assist low-income children with abilities and coaching.
It held a London fashion week show in September that 12 months on the British Museum that includes a fashion present, gala dinner and artwork public sale. Celebrities attending included Campbell, Naomie Harris, Pierce Brosnan, Skepta, and Alexa Chung.
The charity’s web site doesn’t seem to say how a lot cash was raised for the Mayor’s Fund, although it displays cuttings from Vogue, Elle and different fashion media with headlines akin to Naomi Campbell is Saving the World One Fashion Present at a Time.
The charity is but to publish its 2020 accounts, that are greater than 178 days late in response to the Charity Fee’s on-line register.
The charity’s final set of revealed accounts present that within the 12 months to July 2019 it raised £1,722,000, most of it by way of sponsorships. In accordance with the accounts, £1,606,000 of that was spent placing on a charity occasion and paying for PRs and different employees. Simply £5,515 seems to have been given to good causes.
The 2019 accounts additionally reveal unusually giant trustee bills. Hellmich was paid £77,000 in consultancy charges and £15,942 in journey bills. The earlier 12 months, the charity spent £107,000 on trustees’ charges and £23,000 on bills.
The Charity Fee for England has been in non-public discussions with Fashion for Aid for greater than a 12 months about what it referred to as a “a spread of regulatory issues”, together with late submitting of accounts, potential conflicts of pursuits and weaknesses round monetary controls.
The fee has now escalated what had been a compliance concern right into a full inquiry – its most critical degree of investigation – suggesting the regulator has been unable to fulfill its issues.
Fashion for Aid has been approached for remark.