Board
of Directors, Charity Trustees and Governance
Introduction
Whatever the
organisation’s legal structure, there will be a group of people
(or one person) who hold final legal and financial responsibility
for the organisation.
The generic
term for this group is ‘governing body’, and other names
used include Management Committee, Board of Directors and Trustees.
Their role in
the organisation is taking overall responsibility for the organisation,
providing direction, and ensuring accountability. This is often
called governance.
Many arts organisations
operating in the non-profit or charitable sectors use the legal
structure of Company Limited by Guarantee (see also Legal Structures).
This means that they have a Board of Directors as their governing
body who are legally responsible for the organisation.
If the organisation
has charitable status (see also Charitable Status), then the Board
of Directors are also Charity Trustees.
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