09/10/2024
Decision-making for charity trustees (CC27) - "It's Your Decision"
On the 23rd of September, The Charity Commission refreshed its guidance, CC27.
The updated guidance note ‘CC27’ provides advice on measures trustees can implement to upgrade their charity’s finances and safeguard against potential economic challenges, and the appropriate steps that should be taken if their charity faces insolvency.
The revised CC27 emphasises the importance of trustees acting within their legal powers, prioritising the charity's best interests, managing conflicts of interest, and documenting important decisions. By following these key principles, trustees can ensure compliance with their legal duties and maintain responsible governance. It will not only protect the charity's reputation but also help to achieve its mission and objectives more effectively.
