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The Charities Aid Foundation and the ICAEW have recently published a report looking at the future of trusteeship and the challenges and opportunities facing charities and their boards in 2022. 

The report, ‘What’s on the horizon for charity trustees?’  is based on interviews with trustees from local, national and internationally focused charities whose areas of operation included faith-based, educational, humanitarian, health, animal welfare, and women’s support.

The report identifies a range of factors affecting the operating environment for charities: 

  • Financial resilience: the need to diversify and increase funding sources in a time of scarcity
  • Cybercrime: protecting personal data and protecting funds
  • Political complexities: The effects of political decisions on funding
  • Mental health: Considering staff, volunteers and the people the charity supports
  • Covid-19: The financial and logistical pressures caused by the pandemic
  • Inflation:  The impact demand on charities’ services, donations and running costs
  • Continuation and evolution: The challenges of surviving and developing
  • Digital transformation: The potential, but also barriers related to ability and cost

In addition, the report looks at three elements of diversity when considering the requirements for a trustee. Included are diversity of skills and knowledge, of personal characteristics and of service user board representation.

The full report can be viewed and downloaded here.

About the Author

Alison Henshaw Image

Alison Henshaw

Partner
 Alison joined Torgersens in 1996 and has been a partner with the firm since 2015. With broad experience in general practice, Alison is involved in the audits and accounts management of a range of clients including small and medium sized owner-managed companies, charities and not-for-profit organisations. Most recently, she has worked with a high-profile regional charity to develop its financial systems and reporting structures. Outside of work Alison likes spending time with her family enjoying walks along the North East coast line as well as regular visits to the Lake District, Northumberland and North Scotland.

To get in touch please e-mail alison.henshaw@torgersens.com.

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