Many thanks to all who attended our ‘What the Future Holds for Charities’ seminar on Thursday March 15th, and to our event partners Triodos Bank and Brewin Dolphin. Here are some of the many excellent contributions:
Charities are conduits of compassion.
A charity’s charitable purpose, for the public benefit, is paramount.
‘Charities are the eyes, ears and conscience of society’ [House of Lords Select Committee on Charities – Report].
Charity financial investments need to be in assets specifically intended to maintain and increase their value and/or produce a financial return [Charity Commission guidance on investments – CC14].
Trustees must consider:
1. How suitable the particular investment is for that charity; and
2. Diversification – investing in a range of assets to reduce volatility and risk of permanent capital loss.
Charity governance is a core responsibility of the board of trustees of every charity.
The board is the governing body and has responsibility for:
- Strategic leadership
- Direction of the charity and
- Diligent oversight of the charity
Charity Governance Code
“We are pleased to endorse the Charity Governance Code…
Good governance in charities is fundamental to their success; it enables and supports a charity’s compliance with the law and relevant regulations.” [Charity Commission]
The Foundation Principle of the Charity Governance Code is that all trustees are committed to their charity’s cause, are committed to delivering public benefit as effectively as they can and want to ensure continued improvement in good governance in the charity.
For further details of this event or to discuss charity governance, please call Cecile Gillard on 0117 914 2057 or email her at firstname.lastname@example.org.