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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.
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