This document outlines the structure, purpose, membership, quorum, meeting frequency, duties, and reporting mechanisms for three key sub-committees within a charity's Board of Trustees:
Finance Sub-Committee: Focuses on financial management, budgeting, investment oversight, compliance with financial regulations, and risk management.
Quality Sub-Committee: Ensures high-quality service delivery, monitors outcomes for beneficiaries, promotes continuous improvement, and addresses quality risks and incidents.
Compliance Sub-Committee: Oversees adherence to legal, regulatory, and ethical obligations, manages compliance risks, and ensures good governance and safeguarding.
Each sub-committee's terms of reference specify that the Chair reports formally to the full Board of Trustees after each meeting, and the terms themselves are subject to periodic review by the Board. The document also includes important considerations for customizing these terms to suit a specific charity's objectives, size, trustee expertise, and regulatory environment.
This document outlines the structure, purpose, membership, quorum, meeting frequency, duties, and reporting mechanisms for three key sub-committees within a charity's Board of Trustees:
Finance Sub-Committee: Focuses on financial management, budgeting, investment oversight, compliance with financial regulations, and risk management.
Quality Sub-Committee: Ensures high-quality service delivery, monitors outcomes for beneficiaries, promotes continuous improvement, and addresses quality risks and incidents.
Compliance Sub-Committee: Oversees adherence to legal, regulatory, and ethical obligations, manages compliance risks, and ensures good governance and safeguarding.
Each sub-committee's terms of reference specify that the Chair reports formally to the full Board of Trustees after each meeting, and the terms themselves are subject to periodic review by the Board. The document also includes important considerations for customizing these terms to suit a specific charity's objectives, size, trustee expertise, and regulatory environment.
