Latest News
"Majority of trustees ill equipped for role"
The majority of charity trustees feel
they are not fully equipped for their role despite being responsible for more
than £39 billion
of charity cash, according to a survey for the Governance Hub.
More than 80% of trustees say they
took on their role in order to contribute to a good cause, but 94% say they do
not have the
skills they need to carry out their job.
The survey found that 45% required
additional skills in charity law and compliance, and 41% had gaps in their
knowledge about
governance, fundraising and marketing and communications.
More than two-thirds of trustees said
time constraints are the biggest obstacle to improving governance arrangements,
and two-fifths
of organisations do not have any budget for governance costs. As a result, just
46% of trustees have a formal induction while 22% of
organisations fail even to supply role descriptions.
Jolanta
Lasota, head of the Governance Hub, said the hub was launching a new campaign,
Make Every Move Count, to ensure that
boards are aware of and are using the tools available to skill up trustees.
“Good governance is essential for the
health and success of an organisation, and boards need to focus on developing
their governance
arrangements,” she said.
(Source: charitytimes@charitytimes.com)