Managing Partnerships - Governance UK Educational Charity Essay

Managing Partnerships - Governance UK Educational Charity - Essay Example (ICNL, 2002) Aiming to protect the public trust from the big and small charitable sectors, the Cabinet Office and the Charity Commission published the ‘Charities Act 2006’ – the most recent regulation for charities in England and Wales. In line with the purpose of providing the trustees with a more flexible and less bureaucracy among the small-scale charities, the new regulation implements some changes in the charity structures and administration. (p. 5) For this study, the researcher will critically discuss the partnership among the key stakeholders2 in relation to the governance of an educational charity including the factors that could make or break a good partnership among the major stakeholders. The trustees or Charity Trustees are people who are directly responsible in the management control of the charity’s administration. Based on the charity’s governing document, these people are sometimes called the trustees, managing trustees, committee members, governors, directors, or whichever title they may be referred to. (p. 46) The role of trustees or employees is voluntary but the Act allows the trustees to be paid for the services they have rendered for the charity provided that the terms are officially set out in a written agreement and that the amount paid to the trustees is reasonable. (p. 23) The Commission which is composed of up to four newly elected non-executive board members regulates the charities based on the newly implemented legal framework. (p. 42) In line with the purpose of increasing the public confidence on charities, the Commission strictly encourage the charity trustees to comply with the proper documentation and management of its administration in terms of effectively using its monetary resources and being accountable to the public, beneficiaries, and the donors. (p. 41) Based on Charity Act