Leicestershire and Rutland Community Foundation
We are a local grant giving charity, supporting local charitable groups; awarding £1.3m in grants last year. We manage philanthropic grant-giving funds for families, individuals and companies – like their own charitable foundation, but affordable and less onerous. We also deliver public sector grant programmes, and reinvigorate dormant funds
We manage “spenddown” grants where the entirety of funds are spent (e.g. for the NHS, the government, the National Emergencies Trust, companies) and also build endowment, investing funds to generate reliable income to help keep communities surviving and thriving
We are part of a national network of 46 Community Foundations, all independently managed but working similarly.
The Treasurer Role
The treasurer role is one of the most important roles on the Board of Trustees. We employ a full time Finance Manager; the Treasurer takes an overview. The role is unremunerated. It requires 30-40 hours of work per year: 18-20 hours for quarterly finance panel meetings and Board meetings, with an additional 10-20 hours per year for additional reading or dealing with important issues.
A small, relatively young charity, the Community Foundation has good relationships between staff and trustees, increasing profile with charitable groups and potential donors, and a real commitment to building support for local needs.
More Detail of the Role
Areas of Responsibility
- Take a broad overview of the financial affairs of the organisation, making sure they are legal, constitutional and within accepted accounting practice.
- Ongoing review of the effectiveness of financial procedures, records, and controls
- Chair the quarterly Finance Panel.
- Review production of financial reports/returns, accounts and audits
- Keep an overview of the financial viability of the organisation.
- Take a lead in interpreting financial data and information to other trustees .
- With the Finance Manager, report the financial position at Board meetings.
- Lead on appointing auditors
- With trustees and staff, ensure an appropriate investment policy
Qualities
- Knowledge and experience of financial management and accounting.
- Knowledge and/or interest in finance practice relevant to charities.
- Ability to communicate with colleagues who may not have an accounting or finance background
- Supportive approach to a hardworking charity in a challenging environment .
- Interest in Leicester, Leicestershire and Rutland communities and their support.
If you would like to find out a little more about the role please contact rachel.radford@llrcommunityfoundation.org.uk who can arrange a phone conversation or email answering any questions you have.