From its leader,Camila Batmanghelidjh, to the trustees, and to the politicians who held the organisation up as a model,no one comes well out of its collapseI watched the Public Administration Committee hearing into Kids Company with an increasing sense of disbelief. The amounts of money flowing into the charity from celebrity backers, philanthropists and government was just staggering.
Between 2009 and 2013, and its income increased from £13m to £23m. A £3m Cabinet Office grant was given to Kids Company just days before it collapsed. This is a sum of which most charities could only dream.
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Source: theguardian.com