Why should the charity provide reasons for their board members receiving remuneration?
Generally, board members should not receive remuneration for their board services. The charity’s governing instrument must expressly permit remuneration of the board members for their board services. Hence, if the board members are receiving remuneration, the charity should disclose in its annual report for transparency and accountability to its stakeholders.
Related questions
Why is it recommended that board members do not receive remuneration?
What are the general responsibilities of governing board members?
[Relevant to religious charities] For some religious organisations, the board members were not elected but appointed to the board but by appointment in accordance with the handbook/ Rules and Regulations, what response should they select in their GEC?
Who are the governing board members of a charity?
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