"No worries, we have 3 unrelated directors on the board of our CIC, so that is not a problem. The problem is that we only have two paid staff (of the CIC) who could be trustees of the potential new charitable arm, and one of those is a paid director…"
"Oops - well obviously wasn't trying to make it sound unethical or immoral at all - perhaps I didn't explain myself clearly. I thought it was quite common practice for companies, whether social enterprises or not, to have charitable arms…"
"Hi - I am struggling to find some advise on this too. We are a CIC who are now looking at setting up some kind of charitable organisation to run alongside us. I remember speaking to a Business Link adviser a couple of years back who said…"
Guidance on how to set up a CIC especially where communities need to work together before they actually create the CIC e.g. collect funds commission work from advisors ahead of formation as some market testing or preparatory workSee More