When and how to set up a committee
Charities must decide whether they set up separate committees to deal with audit, finance and risk issues or create combined committees.
>When and how to set up a committee
Most charities set up committees when the remit of the board becomes too wide for it to be effective or when its workload becomes too onerous. Others, such as some education institutions, are required to do so by regulators.
Charities must decide whether they set up separate committees to deal with audit, finance and risk issues or create combined committees for two or three of these areas. Combined committees can deliver significant management and volunteer time savings, while separate committees can provide greater independence from management and increased emphasis on risk and control. A balancing exercise will help charities make the right choice.
- Is your committee the right size?
- Has consideration been given to the timing and frequency of meetings?
- Does your committee operate within the set terms of reference and report to the board about work to be carried out?
- Does your membership comprise a mix of genders and age groups to ensure a variety of viewpoints and skillsets?
- Has induction training been provided to ensure new members contribute from day one?
- Are your committee members given ongoing training to keep up with regulatory requirements and the charity's changing needs?
Discover how to select effective committee members by downloading the full report.