Trustees must always prioritise the charity’s mission over personal interests. Decisions should align with the charity’s purpose and benefit its beneficiaries, not individuals or external groups.
Trustees must follow all relevant laws, including charity law, data protection, employment, and financial regulations. They should stay informed about updates to maintain compliance.
Trustees oversee financial planning, budgeting, and reporting to ensure funds are used efficiently and sustainably. They must prevent financial mismanagement and maintain transparency.
Identifying and mitigating risks is crucial. Trustees should implement policies to safeguard beneficiaries, staff, and the organisation against financial, legal, or reputational risks.
Trustees help shape the charity’s long-term goals, ensuring it remains relevant and impactful. They should regularly review strategies and adapt to changing circumstances.
Trustees are responsible for clear communication with stakeholders, including donors, beneficiaries, and regulatory bodies. Annual reports and financial statements should be accessible and accurate.