Large charities 'must hand more power' to local communities

Lloyds Bank Foundation CEO Matt Hyde urges large charities to move away from centralised control and adopt more community-driven models to stay relevant

May 12, 2025
Matt Hyde, the chief executive of Lloyds Bank Foundation
Matt Hyde, the chief executive of Lloyds Bank Foundation

Large charities risk losing relevance unless they change how they work and hand more power to local communities, the chief executive of Lloyds Bank Foundation has said.

Speaking at the In Good Company webinar this week, Matt Hyde urged larger organisations to move away from what he described as operating “like a big, monolithic machine that’s focused on numbers”.