On 3/11/07, Chris McKenna cmckenna@sucs.org wrote:
On Sun, 11 Mar 2007, Gordon Joly wrote:
A charity board of trustees (directors of the company) is group of volunteers by definition in the law of England and Wales.
So if somebody forms a company (limited by guarantee) which moves to charity status, then as a Director (Trustee) you know that you will be a volunteer, effectively from the day of incorporation. Charity Law allows fees to be paid to Directors (Trustees) in certain (rare) circumstances only. Expenses such as travel are allowed, of course.
As I understand it Wiki Educational Resources has not yet been granted charity status. IANAL, but if this is so I would have though that Company Law rather than Charity Law would apply?
Dear all,
I think a quick update is in order. The Board of Wiki Educational Resources met on the evening of 8th March to consider the issues highlighted by Alison's tender of resignation. We expressed our continued confidence in Alison's abilities to execute her post and declined to accept her resignation. However, it was clear that the Board as currently constituted has been unable to move forward with the process of setting up the UK chapter due to inaction of the Treasurer. In order to allow this situation to be resolved the Board decided to remove the Treasurer from post and appoint a replacement. Arkady Rose has been appointed as Treasurer (also known as Chief Financial Officer), effective immediately.
Regards,
Andrew