About the organisation
The Lipman Miliband Trust is a charity whose purpose is to support socialist research and education as well as “educational activities that raise public awareness and understanding of struggles and movements for peace, human rights … and a more equal, diverse co-operative and democratic society”.The Trust was established by socialist businessman Michael Lipman in 1974 and was led by the influential socialist intellectual Ralph Miliband until his death in 1994.We work through using our endowment to fund small grants to charities and other not-for-profit organisations. Information about the Trust’s history can be found on our website, and examples of projects and organisations we have supported in recent years can be found there.
Having benefited from a significant increase in resources in recent years, the Trust is currently embarking on an exciting new phase of our development that will mean expanding our outreach, fund-raising and grant-giving activities.The trustees are active and we live across the UK, meeting mainly online and coming together (at least) twice a year.
About the role
New Trustee Treasurer
We are looking for a new Treasurer Trustee to join our current team and help us shape this critical phase in our development. You will need to share our values and participate actively in our affairs. This will require you to attend each of our four Trustee meetings a year, join at least one of our Working Groups (which may meet once or more a month) undertake tasks and projects needed for the good management and operation of the Trust, review and approve documents and proposals as required, and take part in decisions about grant awards.
We are based in different locations around the country and most of our work is conducted online, however we aim to meet in-person at least twice a year. The Trustee Treasurer will work with Trust staff, external advisors and accountants to ensure our finances are properly administered and our investments well managed. You would be a member of our Governance and Finance Working Group, which would provide a supportive framework for you. Our finances are vitally important to us in ensuring that we continue our exciting charitable activities so this is a valued role.
Experience or understanding of financial management and accounting will be an advantage, though we will also be happy to seek appropriate training where helpful. Being a Trustee is a significant commitment and responsibility, but it is also hugely rewarding and mostly good fun.
Our ideal candidate
We would expect the Treasurer to have financial management skills, understand accounts, investments and be confident in working with our professional, external advisors
To share the values of the Trust and to participate actively in in our affairs
To take on the key responsibilities of all our Trustees - which are legal, strategic, financial and general
We would expect the Treasurer:
• To work with Trust staff to ensure the efficient and effective financial control of the Fund’s work, accurate record-keeping and efficient administration of the Trust’s finances.
• To work with Trust staff to oversee the Trust’s investments, as advised by our external advisory service
• To liaise as required with external accountants, auditors and any other financial service providers to ensure the responsible and efficient administration of the Trust’s finances and compliance with reporting and any other regulatory requirements.
• To be a member of the Governance and Finance committee of the Trust, which will support the Treasurer’s role and responsibilities
• To be a signatory on the Trust’s accounts
• To keep the Board informed of key financial issues
• To work with the Trust Coordinator to prepare the Annual Budget
• To undertake any appropriate training.
What’s in it for you
Being part of an unique funder which invests in socialist research and education. Our small grants are chosen carefully so they will have maximum impact in communities and prganisations that often find the external funding environment hard. Our grants are varied and made across the UKranging from supporting a conference in Manchester which enables workers to learn from each other about workplace exploitation, to a South London theatre production co-crated with young people that explores the lowering of the voting age in order to generate youth engagement.
The trustees are a supportive group that welcomes diverse thinking, as long as Trustees subsctibe to our aims and values.
It is an exciting time to join the Board as we are appointing a Trust Co-ordinator and are planning more outreach work.
Apply for the role
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Please provide a cover note if it is requested in the role description. Applications which are personalised, setting out your motivations for volunteering for the organisation and relevant skills/experience, are far more likely to be successful.