Background
In the interests of transparency and accountability the National Federation has in place corporate governance which operates to the highest standards applicable. The Board of the National Federation meets regularly, retains full and effective control over the National Federation and monitors the executive management and performance.
Specific Tasks
In terms of the financial management of the National Federation the Board has in place a Finance Sub-Committee to oversee this task. Specifically the Board has delegated the following tasks to be carried out on its behalf by the Finance Sub-Committee:
- Advise on significant acquisitions or disposal of National Federation of Voluntary Bodies assets
- Approval of terms of major contracts
- Advise on policy on determination of Chief Executive's remuneration
- Approval of Annual Budgets and Corporate Plans
- Oversee production and audit of Annual Reports and Accounts and filing of these with appropriate authorities
- Meet regularly to monitor ongoing financial performance of the National Federation of Voluntary Bodies
Members of Finance Sub-Committee
The members of the Finance Sub-Committee are:
Tony Darmody, Kerry Parents & Friends Association
Paul Ledwidge, St. Michael's House
John O'Dea, Western Care Association
Winifred O'Hanrahan, Brothers of Charity Services
Further Information
For further information, please contact Brian O'Donnell.