David Hardie, Head of Venture Philanthropy, blogs about one of the current challenges facing charity trustees as we adapt and look at new ways of doing things.
We live in interesting times. Like others, the Third Sector faces difficult challenges, not least in the future financial sustainability of charities themselves. Charity trustees are now having to contend with a variety of models including models of social investment as a means of making their money go further. But what powers do trustees have to make social investments?
In addition to running the finance and accountancy recruitment firm iMultiply Resourcing,our guest blogger, Kirsty MacKenzie is also a Trustee of My Adventure which is a social enterprise and the trading arm of Muirhouse Youth Development Group (MYDG) and Chair of one of Action for Children's commitees. Read about Kirsty's experience of balancing her work and trustee committments and the way her company, iMultiply, helps Inspiring Scotland's ventures.
Our guest blogger, Michael Willis is Head of Board Development at the Institute of Directors in Scotland. He is lead tutor on the course ‘The Role of the Non-executive Director' or NXD.
Inspiring Scotland and Michael have worked together on encouraging delegates on these courses to also think about becoming a trustee of a charity.
We know that it can be hard to recruit new trustees, especially when many charities operate within a pretty set geographical or sector boundary. Yet good trustees can bring so much value to a charity, often much more than they realise.
Louise Stevenson, Performance Advisor on our 14:19 Fund shares some of her thoughts on the importance and challenge of recruiting good trustees.