youtor.org
Charitable trusts part 4 of 8
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Video Source: www.youtube.com/watch?v=RryIt0yXMhc
https://www.lawworks.org.uk • Charity structures: 18mins • • Title page (0.23) • • Introduction (0.25) • • Main structures (1.36) • • Charitable trusts (2.21) • • Unincorporated associations (2.33) • • Company limited by guarantee (5.38) • • Charitable incorporated organisation (CIO) (4.19) • • Summary (0.55) • This series of video by law firm Russell-Cooke explains the different types of structures available for charities and community groups and highlights the advantages and disadvantages of each one. • • Easy to set up • • Constitution is a Trust Deed or Declaration of Trust • • Trustees • • Beneficiaries (or service users) • • Charity Commission has model documents • • Regulator solely Charity Commission • • No separate legal body • • Risk of personal liability • • May need to change body of trustees for leases which attracts costs
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