11 Key Steps for Trustees, 1 Giant Leap for your Charity: Month 9
For month 9 of our 2018 Trustee governance guide, we are focusing on expenses and cover what can and cannot be typically reclaimed by Trustees.
Step 9: Expenses
Making a payment of any sort to a trustee of a charity can be fraught with difficulties, especially when one of the defining aspects of the charitable sector is that trustees don’t get paid. However, that doesn’t mean that payments can’t be made to trustees – they can, if they are dealt with properly.
Did you know: One of the most frequent frauds against a charity is through excessive or inaccurate expense claims?
Payments for services rendered and for being a trustee or employee are possible, provided of course that strict guidelines are in place. By far the most common payment to trustees is to cover expenses incurred by them – but even this is covered by quite detailed guidance.
Click here to read the full section for step 9.
You can read any of the previous months’ topics below and look out for the next blog in the series on Fundraising in October:
- Finding New Trustees
- Internal Financial Controls
- Collaborative Working and Mergers
- Trustee meetings and Decision Making
- Trading and Tax
- Campaigning, Lobbying and Political Activity
- Risk Management