There are 6 main duties placed upon Trustee’s and it is important that all members understand what these are.
- Ensure that your charity is carrying out its purposes for the public benefit
Trustees need to have read and understood the objectives set out in the governing document, understand how the charity achieves these and how this benefits the public.
- Comply with your charity’s governing documents and the law
Trustees must ensure their charity complies with its governing documents and all legal requirements that affect it. Hence, they need to be aware of what legal requirements the charity must comply with.
- Act in your charities best interest
Trustees must make balanced, informed decisions that enable the charity to carry out its purposes. These must not conflict with a Trustee’s personal interests nor should they receive and benefit from the charity unless properly authorised.
- Manage your charity’s resources responsibly
Trustees must act honestly, reasonably and responsibly, this includes ensuring assets are used to support charitable purposes, unnecessary risk is not taken and the charity not overcommitted; and taking care when investing or borrowing.
- Act with reasonable skill and care
This duty covers giving enough time, thought and energy to the role and using reasonable care and skill including taking appropriate advice when necessary.
- Ensure you charity is accountable
This covers ensuring that you comply with statutory and reporting requirements and stretches beyond annual accounts and Charity Commission returns.
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If you feel your Board would benefit from refresher training, please contact Richard Miller for more information on bespoke training packages we can offer.