This course looks at governance in the large and multi-faceted voluntary and community sector, and particularly those organisations governed by a board of “trustees” or directors. Drawing on the speaker’s personal experience as a charity trustee, the discussion will focus on the constitution of charities, the nature and extent of the trustee’s role and responsibilities, and the differing governance requirements of individual organisations.
The course also looks at the role, functions and responsibilities of the Charity Commission, as expanded by the Charities (Protection and Social Investment) Act 2016, and considers the part which the Commission may play in high profile cases such as the problems which enveloped Kids Company as well as in less publicised cases. It considers guidance published by the Commission, as well as other codes of application in the sector.
The course will be of benefit and interest to all those concerned with the operation and governance of medium and large-size charities (and some smaller organisations), including lawyers, actual and intending trustees and chairmen, chief executives and finance professionals working in the charities field, as well as governance professionals and company secretaries.
The specific topics covered will include:
- The world of charities and voluntary organisations, and special governance considerations applicable to them
- The constitution of charities and the “public benefit” requirement
- The role of the trustee, and the extent of the trustee’s responsibilities and possible liabilities
- The role and functions of the Charity Commission, its status, its “Hallmarks of an Effective Charity” and other publication
- The position of beneficiaries, donors and other stakeholders
- The financial and other reporting obligations of a charity; charity funding and reserves
- Risk management in charities, and related reporting requirements
- The “Good Governance Code for the Voluntary and Community Sector”: development of the Code, its structure and content, its Principles and their application