Relevant duties of charity trustees

 

Charity trustees are the people in overall control and management of a charity. They may be called directors, management committee members or committee members, but the law considers them to be 'charity trustees’.

They are responsible for ensuring the charity’s money is kept safe and must monitor how money is used to ensure the charity is operating within its financial means.  

Charity trustees have a legal duty to act with the care and diligence that it is reasonable to expect of a person who is managing the affairs of another person.  This is a high duty of care that charity trustees must meet in their day to day running of the charity – for both short and long term benefit to the charity and its beneficiaries. By practising good financial management the trustees will help to ensure that they are fulfilling this legal duty.