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A new guide to fair payment for partnership work has been released by a coalition of health charities. Cancer 52, Charities Research Involvement Group, Health Research Charities Ireland, National Rheumatoid Arthritis Society and the Patient Information Forum have made 5 recommendations for Fair Market Value (FMV).
The guidance, Fair Market Value for Charities in Partnership Work, is designed to help charities and partners calculate FMV. It can be used when charities decide to work in partnership and charge for their time and expertise.
The guidance is based on an extensive consultation with charities and funders. It was self-funded by the coalition and follows a survey of charities in 2023 which found payment for partnership activities was inconsistent and less than fair.
The new guide make 5 key recommendations to stop this inequity. Read the report to find out more.
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