9 February 2012
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If your organisation has news you would like to share with the rest of Reading's voluntary sector please let us know.

Simply email your news and your organisation's details to news@rvadirectory.org.uk

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Charities with few trustees are most likely to fail, says OSCR

News from: Reading Voluntary Action (RVA)

by Rachel Spencer taken from Third Sector (Advice Service Manager)

11 May 2010

The Scottish regulator finds trustee recruitment and retention is key indicator of organisations' chances of survival. Charities with low numbers of trustees are most likely to fail, according to the Office of the Scottish Charity Regulator. The finding was contained in a report on charity resilience published by OSCR 3rd May 2010. Based on scrutiny of submissions received by the OSCR in 2009, the report found that trustee recruitment and retention was a key indicator of whether charities were likely to survive, especially if they were small. It found that charities that wound up in 2009 had an average of four trustees, compared with an average for all charities of 13. Charities that expanded in 2009 had an average of nine trustees. The report notes that 80 percent of failed organisations had annual incomes of less that £25,000, and 54 per cent less that £2,000. "Given their size, a reduction in the number of those organisations involved in a governance role is likely to have affected their capacity to manage the organisation," it says.

To pick up good practice tips on how to recruit and retain trustees attend the Trustee Network Reading launch on the 25th May. Booking essential online at: www.rvadirectory.org.uk/eventreg/20100525/launch-event-for-trustee-network-reading


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news from Reading Voluntary Action (RVA)
 

 
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