Trustees are those who sit on the governing body of a charity and can also be known as directors, board members, governors or committee members. Whatever your title, your main duties and responsibilities will be the same.
- Taking ultimate responsibility for the running of the charity and ensuring it is and will remain solvent and achieving what it was set up to do
- Putting the charity’s interests above your personal or business interests, particularly where the charity’s funds or assets are concerned
- Avoiding undertaking activities which could place the charity’s endowment, funds or assets at risk.
Trustees are also expected to consider taking external professional advice on all matters where there may be a material risk to the charity or where trustees may be in breach of their duties.
At Milsted Langdon, our charities team have experience in offering advice to trustees on a wide range of matters, including compliance and potential risks to the organisation’s finances.
We understand that the responsibilities of a trustee can be complex, particularly with the frequent changes in legislation and regulation that take place.
With our in-depth knowledge of the voluntary sector, we are able to offer practical support and advice to trustees throughout the course of their involvement with a charity, helping to ensure that the organisation is run properly and efficiently.
To find out how we can help you, please contact us.