Millions of pounds donated to Comic Relief have been invested in shares in tobacco, alcohol and arms firms, BBC Panorama has learned.
Having donated to help some good cause, should you care how they invest the money? Note carefully, that does not mean how they use the money, but what they do with the funds while they are waiting to be allocated to the Charity's aims.
To my way of thinking this is not the donor's concern at all. Of course, from a Buddhist point of view trading in Arms or Alcohol is wrong livelihood, but the charity fund managers are not Buddhists. Their duty is just to maximise the income from the Charity's capital. The charity is not trading in Arms or Selling cigarettes to children — quite the contrary, it is working to prevent the damage caused by these social evils.
Comic Relief wrote:"We put the money into large managed funds, as many other leading charities and pension funds do," they said.
"On balance, we believe this is the approach that will deliver the greatest benefits to the most vulnerable people."