On 23/10/12 16:26, David Gerard wrote:
On 23 October 2012 16:19, Gordon Joly gordon.joly@pobox.com wrote:
Advisory board? Why? Why not just put petrol on the flames? A charity that is as small as Wikimedia U.K. has no need of more dimensions of governance...
An advisory board is conventionally "advisory", per the name: they're there to ask things and to occasionally speak up. They're not part of the governance as such.
- d.
So, what is the point? The Advisory Board can be ignored, as and when. The issue reminds of why I favour the CIC model, with a group of stakeholders to hold the main board to account. Likewise, NHS Foundation Trusts with a membership and a Council of Governors.
No gift aid with CICS.
http://www.bis.gov.uk/cicregulator/
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Community Interest Companies (CICS) are limited companies, with special additional features, created for the use of people who want to conduct a business or other activity for community benefit, and not purely for private advantage.
This is achieved by a "community interest test" and "asset lock", which ensure that the CIC is established for community purposes and the assets and profits are dedicated to these purposes. Registration of a company as a CIC has to be approved by the Regulator who also has a continuing monitoring and enforcement role.
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Gordo