The Charity Commission has concerns about management and family independence from trademarks.
Captain Sir Tom Moore became famous for his fundraising efforts during the first coronavirus lockdown
The veteran, who died last year aged 100, raised millions for the NHS but this money is not part of the inquiry.Capt Sir Tom, who was born in Keighley in West Yorkshire, gained international fame when he carried out the fundraising walk at his home in Marston Moretaine, Bedfordshire, when Covid restrictions were first introduced in 2020.
Shortly before the formation of the foundation his daughter Hannah Ingram-Moore and her husband Colin, set up a private company called Club Nook Ltd. The commission became concerned about arrangements between the charity and Club Nook Ltd, as well as the trustees' decision-making and how the foundation was governed.
Jack Gilbert, who became chief executive of the foundation at the beginning of the month, said he would "ensure that in all respects, including governance and finance, the foundation conforms to best practice".
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