Charity trustees are under scrutiny like never before. In recent years, critical media coverage and concerns around governance and fundraising practices, have contributed to a reported decline in the public’s trust and confidence in charities. Combined with increasing regulation, increasing demand for services, and decreasing funding, trustees are under more pressure than ever before.
There are approximately 700,000 trustees in England and Wales. Trustees play a vital role in running organisations, with an estimated time value of at least £3.5 bn per annum. It is a charity’s board of trustees that bears full legal responsibility for maintaining proper standards of governance within the organisation. Alongside this, 80% of charities have trustees who play both a governance role and a frontline executive role and have no staff to support them.