For information on the common structures available to community groups, and assistance in deciding which structure best suits your group, check out the Community Law website resources:
For many groups taking on large-scale projects, the choice comes down to forming either an incorporated society or a charitable trust. The table below indicates some of the differences between these two options.
Some differences between Incorporated Societies and Charitable Trusts.
|Incorporated Society||Charitable Trust|
|Minimum of 15 members||Board of trustees of at least two|
|Key decisions made by members at general meetings and in committees||Key decisions made by trustees. Members support but do not run the organisation|
|Can be charitable or work for profit||Always charitable|
|Members can join and leave easily||Trustees are appointed or elected for a fixed term|
|Fee of $100 to set up||No fee to set up|
|Companies Office requires annual financial accounts||No annual accounts required by Companies Office|