Revised guidance from the Charity Commission

The Charity Commission has brought together tools, support and guidance and revised its guidance on two important areas of charity management.

1. Finance

Charity trustees and senior managers can find tools, support and guidance on finance in one handy place. The Trustee Finance Toolkit contains a financial health check tool, which will match you with the guidance your charity needs. The toolkit also contains the 5-minute guide on charity finances, tools to help you review your charity’s financial controls, develop a reserves policy and improve its finances.

Click here to see the Trustee Finance Toolkit.

2. Payments to trustees and connected parties

The Charity Commission has updated its guidance on payments to trustees (or anyone connected to them) to make it easier for trustees and charities to navigate the law.

The Charity Commission says:

The underlying rules on trustee payments have not changed. The redesigned guidance continues to stress that it must be clearly in the charity’s best interests to pay a trustee (or person connected to them), with all other options having been carefully considered, and the resulting conflict of interest managed. Additionally, a charity must have legal authority to pay. 

The guidance is now split into a range of trustee payment scenarios, including supplying goods or services to the charity, loss of earnings, and being employed, and has been redesigned to help trustees think through the issues and risks and determine if they have powers they can use or if they need authority from the Charity Commission. 

Click here to see the revised guidance.