As a trustee you must take steps to make sure that your charity’s money is safe, properly used and accounted for. Every trustee has to do this. Even if your charity has an expert to manage its finances, you are still responsible for overseeing your charity’s money.
Protect your charity’s money
Make sure that money is only spent on what is allowed by the charity’s governing document and policies. If it is not, you and the other trustees need to put it right.
Use the to help you know you are doing this properly. This will help you make sure that money coming into the charity is:
- secure and recorded
- only spent on your charitable purposes
- at less risk of theft, fraud or cyber crime