Tate - Financial Trustee

Announced
Body: Tate
Appointing Department: Department for Culture, Media & Sport
Sector: Culture, Media & Sport
Location: Board meetings are generally held in Central London, although may occasionally be held in Liverpool or St Ives.
Number of Vacancies: 1 x Financal Trustee
Remuneration: Not remunerated. Reasonable and fully documented expenses are reimbursed.
Time Requirements: The likely total time commitment is the equivalent of 2 days per month.

Announcement

An announcement has been made on the outcome of this appointment.

The Prime Minister has appointed John Booth as a Trustee of the Tate for a term of four years from 20 August 2018.

View Announcement

Campaign Timeline

  • Competition Launched

    22/03/2018

  • Closed for Applications

    02/05/2018 at 13:00

  • Panel Sift

    16/05/2018

  • Final Interview Date

    18/07/2018

  • Announcement

    10/09/2018

 

Assessment Panel

Vacancy Description

Background

Tate holds the national Collection of British art and of international modern and contemporary art, currently comprising over 77,000 works. It is a family of four galleries: Tate Modern, Tate Britain, Tate Liverpool and Tate St Ives and has a significant digital presence.

Tate is an executive non-departmental public body sponsored by the Department for Digital, Culture, Media and Sport, and an Exempt Charity. It is governed by a Board of Trustees in accordance with the Museums and Galleries Act 1992. Its aim is to increase the public’s understanding and enjoyment of British art and of international modern and contemporary art by:

  • Making the Collection available to the public;
  • Adding to the Collection;
  • Extending the public knowledge and understanding of British, modern and contemporary art;
  • Caring for the Collection; and
  • Researching the Collection.

 

Tate receives Grant-in-Aid funding from Parliament, provided through the Department for Digital, Culture, Media and Sport (DCMS). It raises the majority of its revenue from self-generated income from:

  • Admission to temporary exhibitions;
  • Tate’s relationship with sponsors and corporate members, donors, patrons and members; and
  • Tate Enterprises Limited which is Tate’s trading arm comprising catering, retail, publishing, product development, picture library and licensing.

 

In 2016-17, 70% of Tate’s income was self-generated. This is a tremendous strength but means that Tate must be conscious of the economic climate and fluctuations in visitor numbers.

Total income for 2016-17 was £162,295,000. Of this amount, £110,032,000 was applied to ongoing operations, £24,367,000 to the ongoing capital programmes, and £27,896,000 to Collection acquisitions.

Further information on the 2016-17 activities can be found on Tate’s annual accounts and the annual report covering this period.

 

Board of Trustees

Tate has fourteen Trustees. Thirteen are appointed by the Prime Minister and one is appointed by the National Gallery Board from among the members of that Board. At least three Trustees must be practising artists.

 

Current Trustees of the Tate Gallery

Lionel Barber (Chairman)

John Akomfrah*                                  Dexter Dalwood

Tim Davie                                             Jayne-Anne Gadhia

Maja Hoffmann                                   Michael Lynton

Seona Reid                                           Roland Rudd

James Timpson                                   Stephen Witherford*

Moya Greene

 

More information on our current Trustees can be found on Tate’s website:

http://www.tate.org.uk/about/who-we-are/board-of-trustees/tate-trustees

*Artist Trustee

The role is to replace Mala Gaonkar who retired in March 2018.

 

The Role of the Board

The role of the Board of Trustees is to:

  • Determine policy and establish the overall strategic direction of Tate within the policy and resource framework available;
  • Supervise the management of Tate by acting as guardians of the public interest;
  • Use the combined expertise of members to advise the Director;
  • Decide on major acquisitions and major resource commitments;
  • Represent Tate externally and assist in the fundraising of resources; and
  • Oversee the delivery of planned results by monitoring performance against objectives and targets.

 

A Trustee should have commitment to its objectives and values, and be willing to champion Tate.

A Trustee must participate in the Board’s decision making processes, including preparation for, and attendance at, meetings of the Board, as well the Board’s Sub-Committees that they may be appointed to.

The executive leadership of Tate rests with the Director and Accounting Officer Dr Maria Balshaw and members of the Executive Group who are responsible for carrying out the day to day running of the galleries within the strategic direction set by the Board of Trustees. A Trustee should be prepared to work with the Director and Tate staff to facilitate a free exchange of advice.

The role would involve attending six half day Board meetings per annum (plus two working dinners for Trustees and the Director hosted by the Chairman). Board meetings are generally held in central London, apart from one meeting each year held in Liverpool or St Ives and an annual Trustee away day. Trusteeship also typically involves serving on a number of Sub-Committees of the Board, the meetings of which are likely to amount to between five and eight a year. More information on the Sub-Committees can be found at: http://www.tate.org.uk/about/who-we-are/board-of-trustees/sub-committees

The role also involves attending and hosting Tate events and other engagements such as openings and dinners and the annual conference for Tate non-executives. Some additional time to study papers and provide ad hoc advice will be required as necessary.

The likely total time commitment is the equivalent of two days per month.

A Trustee must be prepared to declare and actively manage any pecuniary and non-pecuniary interests upon appointment and whenever a matter arises in which the Trustee has an interest which might be perceived to conflict with those of Tate. To this end, Trustees are required to complete and submit a declaration of interests on appointment and thereafter annually.

The law places certain restrictions on becoming a charity trustee. These are set out in Section 3.1 of the Charity Commission Essential Trustee Guidance:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/451020/CC3.pdf Trustees are required to understand and embrace the seven principles of public life as defined by the Nolan Committee: selflessness, integrity, objectivity, accountability, openness, honesty and leadership.

Person Specification

Financial Trustee

A leader with proven financial and fundraising expertise

Essential criteria:

  • Board-level experience in a large scale organisation, contributing financial expertise in a leadership capacity;

  • Able to demonstrate a network and significant delivery in fundraising at the highest levels

  • Recent and relevant financial experience through senior roles in business and/or financial management;

  • Familiarity with current practice in financial and auditing oversight and risk management techniques, with experience of sitting on an Audit and/or Risk Committee; and

  • Demonstrable commercial awareness given Tate’s self-funding initiatives

Desirable criteria:

  • A demonstrable interest in the field of visual culture;

  • A passion for the mission of Tate and a willingness to represent and advocate for Tate in the public realm;

  • The ability to contribute to the discussion at Board level of wider policy and strategy development; and

  • Good communication skills and a commitment to equal opportunities and diversity.

 

Additional Information

Appointments are made on merit, and the process is regulated by the Office of the Commissioner for Public Appointments. More detail, including the regulations that appointing bodies are required to follow, is available at the OCPA website:

http://publicappointmentscommissioner.independent.gov.uk/

How to Apply

To apply, please send:

  • A CV of no more than two sides of A4; this should provide details of your education and qualifications, employment history, directorships, membership of professional bodies and details of any publications or awards.
  • A supporting statement of not more than two sides of A4, setting out how you meet the criteria – please make sure you refer to the contents of this document;
  • The conflicts of Interest Form and the Diversity Form. The Diversity Form will be kept separately from your application and Conflicts of Interest Form, and will not be seen by the selection panel in order to meet the Cabinet Office’s Governance Code on Public Appointments.

Completed applications should be sent to: publicappointments@culture.gov.uk. Please put ‘Tate Trustee – Finance’ in the subject title. Alternatively, they can be posted to Public Appointments Team, 100 Parliament Street, London, SW1A 2BQ.

Please note DCMS does not fund travel and subsistence for candidates attending interviews.

Further Information and Queries

For queries in relation to Tate, further information on the role or questions regarding the Public Appointments process, please contact Effie Koliou, Governance and Policy Manager, on 0207 887 8011 or email trustee.appointments@tate.org.uk,  or contact the DCMS Public Appointments team at publicappointments@culture.gov.uk

The following advice is designed to assist candidates with the application process:

  • Study carefully information that you have about the role of a Tate Trustee;
  • Visit Tate’s website at tate.org.uk;
  • Read the section of this briefing pack entitled ‘Person Specification’ before applying; you will need to clearly evidence how you meet the criteria for this role;
  • You may submit your application by email or by post. All applications will be acknowledged on receipt;
  • To help us with copying your application for the Appointment Panel please type or use black ink and do not use staples.

Closing Date

The closing date for applications is 1pm on  Wednesday 2 May 2018.

Attachments
Ministerial Message to Candidates
OCPA-July-2017-Monitoring-Form-9 (2)
OCPA-Complaints-Procedure-2016
Conflicts-of-Interest-Form (15)
Conflicts-of-Interest-Guidance
COI-Guidance-for-Charitable-Museums-and-Galleries (1)
Financial-Trustee-Briefing-pack 3
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