Charity Risk Management Policy and Risk Register

A risk management policy for trustees with a scoring method, a risk register pre-filled with the risks most charities face – governance, financial, operational, safeguarding, reputational, compliance and external – and a review record.

Editable Word document
7
10pages
Guidance notes included
aml consultancy solutions

Charities

Charity Risk Management Policy and Risk Register

About this document

What it’s for

Trustees are responsible for managing the risks their charity faces. The Charity Commission expects trustees to identify the main risks, decide how to manage them and review them regularly – and larger charities must report on their principal risks in the trustees’ annual report. This policy and register give a simple, proportionate way to do that.

When to use it

  • When setting up the charity’s governance, and at least once a year at a trustee meeting
  • When starting a new activity, project, premises or partnership
  • After a serious incident, loss or near miss

What’s inside

The document is laid out in the sections below. Each one comes with a plain-English guidance note explaining what it does and what to change.

  • Part 1 – Risk management policy: responsibility, how risks are scored, risk appetite, review and reporting
  • Part 2 – Risk register (17 common charity risks with suggested controls)
  • Part 3 – Trustee review record

How to complete it

  • Agree the scoring method and risk appetite in Part 1
  • Review each risk in the register in Part 2: delete those that do not apply, add your own, score them and agree actions
  • Record trustee reviews in Part 3 and report principal risks in the annual report

Key points to check

  • Risks change – review the register at least annually and whenever something significant happens
  • Serious incidents must be reported to the Charity Commission promptly – see the Serious Incident Reporting Procedure

Our templates are professionally structured starting points for UK businesses, not legal advice. For anything complex, unusual or high-value, have your final version checked by a solicitor.

Included in the pack

Charities

£20

for every document in this category

Editable Microsoft Word files

Guidance notes in every document

Written for UK businesses

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