The Business of Charities 2018: Risk Avoidance

The Business of Charities 2018: Risk Avoidance

With rising demand and increasingly restricted resources, charities are facing ever-growing pressure to deliver services with little or no financial support from central or local government. The risks for charities and their trustees can be huge. There is no ''get out of jail free'' card because of being a charity.

On Tuesday 6th February, we delivered our Annual Charities briefing 'The Business of Charities 2018: Risk Avoidance' at the Assembly House in Norwich. With over 100 delegates in attendance, the briefing addressed many of the important legal issues faced by the voluntary, community and social enterprise (VCSE) sector.

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During the briefing, Neale Grearson, Louis Hilldrup-Boorman, David Perry (Alan Boswell) and Michael Olmer covered:

  • Risks of being a trustee and how to deal with a ''bad'' or dishonest trustee
  • Trustee toolkit - what you need to know and when to involve professionals
  • Trustee Indemnity Insurance
  • Risks on not seeking advice on the investment of charity money
  • Damage to reputation from bad PR/marketing
  • General Data Protection Regulation (GDPR): don't panic, but be prepared
  • Options on setting up a charity including benefits of limited liability
  • Enforcement by the Charity Commission (the "charity police'')

Louis Hilldrup-Boorman, Marketing Manager at Clapham & Collinge said ''We understand that charities are often overwhelmed by regulations, changing legislation, expectations of their trustees and supporters. This year's charities briefing was incredibly popular with over 100 delegates in attendance, representing many charities across East Anglia. The speakers provided essential guidance to charity trustees, staff members, volunteers and professional advisers on risks and how to avoid them. We've received plenty of positive feedback and the event was a huge success!''

Click here to download the slides from the briefing

Feedback from delegates:

''Good opportunity to network with people involved in the management of local charities. Also greatly increased my understanding of the subject matter which will help me when speaking to my own charity clients''

''Good technical content on interesting/useful topics''

''I thought the whole event was well thought out and planned''

''Good balance of networking and learning''

''Good venue. Good to meet representatives of other charities. The areas covered were very useful''

At Clapham & Collinge, we have a multi discipline team dedicated to providing legal services to our clients from the charity sector. This ensures specialist solicitors provide the advice on specific areas of law. This includes property, company and commercial, employment and dispute resolution (litigation). For more information, visit our dedicated charity services webpage, call 01603 693500 or email us using 'Make an enquiry' form. Appointments available at our Norwich, North Walsham, and Sheringham offices.