The Foundation was established in 1748 by an Order of the Court of Chancery and is regulated by a Scheme (its constitution). The current scheme was made by the Secretary of State for Education and Science in 1970.
The Foundation was established in 1748 by an Order of the Court of Chancery and is regulated by a Scheme (its constitution). The current Scheme was made by the Secretary of State for Education and Science in 1970. The Scheme was first registered with the Charity Commission in 1895. It has been periodically updated since then, with the last update being effected in 1993.
The Foundation's Board of Governors
There are 18 Board members, two ex-officio, twelve co-opted and four nominated. Board members are eligible for re-appointment when their terms of office expire. The Foundation's Scheme lays down the organisations who are entitled to nominate members to the Board.
There are two main Committees reporting directly to the Board - The Grants Committee and The Audit & Compliance Committee. The Committees meet at regular intervals throughout the year (see Meeting Timetable for further details).
Board members can choose to join the Grants Committee and the Treasurer and Deputy Treasurer are ex-officio members of this Committee.
Code of Conduct
The Foundation's Code of Conduct for Board members covers (amongst others) the following:
1) The Nolan Principles and their application to the Board of Governors of the Cass Foundation;
2) Conflict of Interests Policy (which also applies to staff);
3) Governor Expenses Policy;
4) Promoting Good Practice in Personal Behaviour.