Insights

🚨 Trustees have important legal responsibilities when it comes to making sure their charity’s funds are managed appropriately.

Most donations left to charities in wills are made without specific conditions, meaning they can be used in any way that furthers the organisation’s charitable purposes.

🚨 But some donations come with specific conditions – creating what are known as restricted funds – and understanding these properly is crucial for the board.

It can get pretty technical.

But help is at hand in this weeks ‘top tips’ for trustees from @Shakespeare Martineau.

💡 They explain restricted funds, what you and your fellow trustees need to do, and how you can make the most of restricted gifts, ensure you comply with the Charity Commission, and can advise potential donors who want to give to your charity.

👉 Read the free guide on our website here: https://bit.ly/3H0h0o4

Have a great week!

#charities #nonprofit #thirdsector #governance #charitylaw #restrictedfunds #CharityIntelligence