Agenda item

Joint Report of the Chamberlain and the Bursar of the City of London School for Girls.

The Board considered a joint report of the Chamberlain and Bursar presenting the Risk Register 2019-20 for the City of London School for Girls Bursary Fund incorporating the City of London School for Girls Scholarships and Prizes Fund and the following point was made:

·         Risk 1: The Income from Investments in the Charities Pool may Decline had been RAG-rated as ‘Amber’.  This had been identified by the Finance and Estates Sub-Committee at its meeting on 14 February 2020, and the Committee had agreed to look at this in more detail at its next meeting.

RESOLVED - That:

·         Members’ comments on the Risk Register 2019-20 for the City of London School for Girls Bursary Fund incorporating the City of London School for Girls Scholarships and Prizes Fund be noted; and,

·         It be confirmed that the register satisfactorily set out the risks facing the charity and that appropriate measures were in place to mitigate those risks.