Current roles

Having pledged to embed racial justice in everything it does, the Trust is developing a new strategy to fulfil this promise. To support this transition, the board has decided to modernise its governance model, creating new lines of oversight and accountability, with clear separation of powers between executive and non-executive leaders.

 

Stock photo of two people using sign language outdoors

 


 

Our new board of trustees will provide the collective competencies to develop and deliver a strategy in which racial and social justice is central, underpinned by strong governance. We intend the recruitment and transition process to be phased over a one-year period, with the first three roles filled by the end of 2023.

Our current governing documents permit the payment of a minority of our non-family trustees. In our legacy model trustees were required to contribute significant time to the Trust, and this clause enabled us to pay those who were not family members. We want to move to a model where it is possible for all our trustees to be paid at a rate more in line with sector norms, and in recognition of the value of the knowledge and experience each person will bring. This is also to ensure that it is possible for the widest pool of people to be able to serve as trustees, without facing a financial burden. The work to explore how we can make payments to all trustees will begin soon.

For now, we intend that the Chair Designate becomes a paid role, up to £18k, to reflect the greater time commitment required. The intention is that the other roles will be paid up to £7.5k. However, for now we are proposing to pay a second trustee who is able to share their demonstrable experience of applying anti-racist practices to organisational development, ideally in a grant-making space. This is in recognition of the demand and time pressure on individuals who bring this unique experience and skillset.

Please note that in line with our commitment to inclusive recruitment all additional out of pocket expenses to all trustees are paid, for example travel, accommodation and caring responsibilities if required.

Tudor operates a conflict-of-interest policy. Applicants for this role are requested to fully disclose professional associations with any former or current Tudor grantees/staff/trustees.

 

Click on the relevant role title below to find out more.
 

This is a paid position, with a fixed payment of £18k pa.

We anticipate a greater initial time commitment during this transitional phase. The actual number of days is to be negotiated, but is likely to be around five days a month.

The role is Chair-designate, and the current Chair will step down by August 2024, if not before. This is planned to enable a smooth handover.

We want our Chair-designate to be an active, visible and inspiring leader of the Trust, able to set a clear vision and mission, and hold themselves and others accountable for delivery. We will also require a considered understanding of what it means to bring a diverse Board together around a common purpose.

Candidates must bring a good understanding of the opportunities and challenges of overseeing a significant grant-making trust, including sound governance, CEO support, investment, operations and financial management. An insight into how community-led organisations work would be a definite asset, as would knowledge of the philanthropic ecosystem in the UK.

As the leader of the trustee group and the wider team, you must exemplify our ambitions and have an inspiring vision for the future. It’s vital that you understand good charity governance, underpinned by the requirements of the Charity Commission and the Seven Principles of Public Life (the “Nolan principles”).

This will be a paid position, attracting a fixed payment of £7.5k pa.

This trustee, with the Chair and the CEO, will inspire and support the Board and Tudor to continue its journey to bring a focus on anti-racism and racial justice to all its strategic and operational approaches. It is likely that this trustee will eventually Chair a committee (yet to be defined) and support the recruitment of further trustees, as the Board continues to renew.

You will have demonstrable experience of applying anti-racism to strategic planning, and have some knowledge and understanding of how this is reshaping the future of philanthropy. You will challenge us to be more bold, whilst also recognising that deep and meaningful change takes time and should bring all stakeholders together for a common purpose. You will also understand the value of building a strong staff base, drawn from a wide range of backgrounds and experiences, who are empowered, with a CEO and a supportive Board, to be more courageous and intentional in bringing about systemic and social change.

After a period of handover, this trustee will take responsibility for the overall management of the Trust’s finances and be a member on the trustees’ investment committee, with a view to becoming the Chair of this committee by August 2024.

The investment committee is responsible for helping to set the investment objectives, agreeing and monitoring the asset allocation, attending meetings with the delegated managers of the investments, reviewing performance and setting the investment restrictions.

We invest the portfolio in a long term manner. It is currently invested primarily in international quoted equities, with investments in the UK, in bonds, real estate and social investments. The portfolio is managed in a responsible manner taking into account the environmental, social and governance risks and impacts of the investments. The trustees have aimed to invest the assets in a way that supports the Trust’s philanthropic principles both financially and socially.

This has included avoiding investments which may cause harm and being prepared to invest in opportunities which may offer lower financial returns but support the objectives of the Trust. It is anticipated that the candidate for this role will continue to develop this approach.

Our new trustee is likely to be an investment professional with experience of managing, or advising, large (£100m+) multi asset portfolios including those with ESG restrictions and have a good understanding of strategic and tactical asset allocation dynamics. Ideally, the candidate will also have experience of social impact investing.