REGULATOR VOWS TO STAMP OUT ‘BOGUS’ CHARITIES

REGULATOR VOWS TO STAMP OUT ‘BOGUS’ CHARITIES

The new Chairman Designate of the Charities Regulatory Authority has vowed to stop ‘bogus’ charities from continuing their activities.

Conor Woods was speaking at the Oireachtas Justice Committee where he said that the new regulator will “establish who’s bogus and who’s not.”

He added that the “[Charity Register] will give absolute clarity to the public and that is a key issue for us.”

This February, it was announced that the new charity Regulator would cost €960,000 in its first year. Woods told the committee that the new body would need to be allocated proper resources if it was to be a success.

Charities are being asked to pay a yearly registration fee on a sliding-scale basis to assist with the funding of the new body.

Woods told the committee that all charities, regardless of their legal status would fall under the Regulator’s remit and “have to abide by the stipulations in the Charities Act [2009]”.

Source: The Journal.ie

THE ROLE OF THE COMPANY SECRETARY

THE ROLE OF THE COMPANY SECRETARY

The role and remit of the Company Secretary will vary depending on the size and style of the organisation. Some Company Secretaries will take on the full breadth of responsibilities outlined below, whilst others will delegate tasks to the staff of the organisation. It is important to note that every company is required by law to have a Company Secretary. He or she can either be out-sourced, or one of the Directors of the Board.

Here is a list of some of the core responsibilities of the Company Secretary of a not-for-profit organisation:
 

Upholding Legal Requirements

The Company Secretary is responsible for helping to ensure that the organisation adheres to its relevant legislative requirements. This could include:

  •  Signing the Annual Return, certifying that it is correct and submitting it to the Companies Registration Office (CRO).
  • Ensuring that the quorum is met for Board meetings.
  • Acting as the custodian on the organisation’s governing document.
  • Helping to ensure that the charity’s activities fall in line with its objectives.

 

Administration and Disclosure

The Company Secretary is responsible for ensuring that the organisation’s records are filed correctly and kept up to date. This encompasses:

  • Ensuring that the CRO has accurate and up to date details of the organisation. This would also include the names and addresses of the organisation’s Directors.
  • Sending any updated information to the CRO. For example this could include filing a B10 for the change of a Director, or amended Articles of Association & and Memorandum.

The Company Secretary will also have a number of important administrative duties, including:

  •  Keeping the organisation’s minutes of the Board
  •  Maintaining the Members Register
  • Communicating upcoming meetings to Directors
  • Timely circulation of relevant information in advance of meetings (e.g. financial statements etc.)

 

Chairman of regulator vows to stop ‘bogus’ charities

The new Chairman Designate of the Charities Regulatory Authority has vowed to stop ‘bogus’ charities from continuing their activities.

Conor Woods was speaking last week at the Oireachtas Justice Committee where he said that the new regulator will “establish who’s bogus and who’s not.”

He added that the “[Charity Register] will give absolute clarity to the public and that is a key issue for us.”

This February, it was announced that the new charity Regulator would cost €960,000 in its first year. Woods told the committee that the new body would need to be allocated proper resources if it was to be a success.

Charities are being asked to pay a yearly registration fee on a sliding-scale basis to assist with the funding of the new body.

Woods told the committee that all charities, regardless of their legal status would fall under the Regulator’s remit and “have to abide by the stipulations in the Charities Act [2009]”.

Source: The Journal.ie

Board Member Training Day June 26th

Boardmatch will be holding a Board Member Training day on the 26th of June 2014 in Dublin City Centre.

This training day provides a comprehensive overview of the role and responsibilities of not-for-profit board members and is tailored towards prospective, new and existing board members looking to strengthen their role on the Board.

Cost: 120 Euro p/p

Location: Davy Offices, 49 Dawson St. Dublin 2

Time: 9.30am – 4pm

The full-day training is led by Boardmatch Business Development Manager Fidelma Keogh.

The Trainer
Previous to her role with Boardmatch, Fidelma was based in the Carmichael Centre for Voluntary Groups, working with member group Children in Hospital (Irl).Fidelma is a graduate of European Studies from Trinity College Dublin, having also studied at Paris VII, the Jussieu campus of the Sorbonne. She also received a First Class in Management for the Community & Voluntary Sector (NCI) and is currently attending the IPA programme in Governance, as part of the National University of Ireland (NUI) network.

Fidelma has worked in the not for profit sector for 10 years. Previous to this, she worked extensively in Ireland and internationally in the Arts sector for 10 years.

Main topics will include:

  • Role, expectations and liabilities of voluntary Directors
  • Governance and management
  • Information needed by voluntary Directors
  • Board recruitment & stakeholder management
  • Relationships with your Chief Executive and Chair

For further information, or to book a place, please contact Eva Gurn at eva@boardmatchireland.ie or call the office on 01-671 5005.

Business community called upon to contribute to good governance of Irish charities

Business community called upon to contribute to good governance of Irish charities


Pictured: Dominick Chilcott British Ambassador, Fidelma Keogh Business Development Manager with Boardmatch Ireland and Tony O’Brien Director General of the HSE.
 
Ireland’s business community can play an important role in promoting good governance within all Irish charities. This was the theme guiding yesterday’s event in the British Ambassador’s Resident hosted by Boardmatch Ireland and Hays recruitment.

Fidelma Keogh, Business Development Manager with Boardmatch Ireland commenting at the event last night noted:

“The traditional business skills of finance, legal or marketing are pivotal for the effective running of charitable organisations. The non-profit sector has become increasingly aware of how vital a role diversity plays in the composition of non-profit Boards, indeed any Board. Having access to those skills from the private and public sector is now critical if the non-profit sector is to remain a vibrant and essential part of Irish society. It essentially creates a win-win situation for all involved; the charity gains from much needed expertise and business individuals gain valuable experience whilst sharing the leadership role.”

Tony O’Brien, CEO of the HSE was amongst those in attendance and addressed the crowd on the current need for effective governance in the charity sector. He noted the valuable contribution which the not-for-profit and voluntary sector makes to wider Irish society and the importance also of ensuring that the sector had proper governance and regulatory structures in place. Referring to the recent issues at the CRC, he also spoke of the important role which organisations, such as Boardmatch Ireland, can play in ensuring that the highest governance standards are implemented and applied by the not- for-profit sector.

Other attendees included CEO of JP Morgan Carin Bryans, CEO of the Ireland Funds Caitriona Fottrell and Dee Ahern, CEO of Barretstown along with the Chief Executives of Barclays Bank, Goldman Sachs, Eircom, St Vincent de Paul and the Irish Wheelchair Association.

Many of those in attendance are already offering their skills at charity Board level including Carin Bryans, CEO of JP Morgan who is on the Board of the ISPCA, Christine Heffernan, Head of Corporate Affairs at Tesco who has joined the Board of Threshold and Brendan Jennings, CEO of Deloitte who is on the Board of Paralympics Ireland. All of whom have been matched through Boardmatch Ireland.