Blog for trustees in Powys. They may be known as trustees, directors, board members or management committee members. If the charity is also a company limited under guarantee, then the trustees are also directors of the charity.
Wednesday, 3 December 2014
When to change charity structure
If you need to change your Charity Structure PAVO is here to assist you
Your charity’s legal structure sets out what type your charity is. There are four common types of charity structure:
charitable incorporated organisation (CIO) – there are 2 structures; association CIO and foundation CIO
charitable company (limited by guarantee)
Your charity’s legal structure determines:
who will run it and whether it will have a wider membership
whether it can enter into contracts or employ staff in its own name
whether its trustees are personally liable for what it does
You might want to change your charity’s structure because your existing structure doesn’t allow you to do something. For example, trustees of a growing unincorporated charity may decide to change to a corporate charity structure because the charity needs to employ staff.