Following the approval of the proposal at last year’s AGM to incorporate the Society, which included also approval of a draft constitution, the Charity Commission has approved the establishment of the Charitable Incorporated Organisation (CIO).
An increasing number of charities are taking this step as it has the benefits of simplifying contractual arrangements and protecting the position of the trustees. This change should have no significant effect on your membership of the Society. The charitable objects of the CIO will be the same as at present and the trustees will also not change as a result of the change of legal status. The membership fee too will be unaffected by the change in legal status.
The Richmond Society’s Exec Committee is now transferring all the activities, assets and liabilities of the Richmond Society to the new CIO.
As a result of this change, the Society has adopted a new constitution.