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Learning And Skills Improvement Service
The Learning and Skills Improvement Service (LSIS) was a not-for-profit company limited by guarantee and registered charity formed in 2008 to support and improve achievement in the Further Education and Skills sector in England. The LSIS had a governing Council and a management board, both chaired by Dame Ruth Silver DBE, formerly principal of Lewisham College Lewisham College is a further education college in the London Borough of Lewisham, south-east London. It was established in 1990, having previously been known as SELTEC (South East London College of Technology) since the early 1970s, which was run .... Its Chief Executive was Rob Wye. In July 2012, the LSIS launched a new scheme to support trainee teachers, the Initial Teacher Training (ITT) Fee Awards. On Monday 10 December 2012 it was confirmed that LSIS would begin a managed exit from its delivery of improvement services for the further education and skills sector, with the intention of closing by 31 July 2013. This ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Company Limited By Guarantee
In British, Australian, Bermudian, Hong Kong and Irish company law (and previously New Zealand), a company limited by guarantee (CLG) is a type of corporation used primarily (but not exclusively) for non-profit organisations that require legal personality. A company limited by guarantee does not usually have a share capital or shareholders, but instead has members who act as guarantors of the company's liabilities: each member undertakes to contribute an amount specified in the articles (typically very small) in the event of insolvency or of the winding up of the company. A company limited by guarantee can distribute its profits to its members, if allowed to by its articles of association, but then it would not be eligible for charitable status. Like a private company limited by shares, a company limited by guarantee must include the suffix "Limited" in its name, except in circumstances specifically excluded by law. One condition of this exclusion is that the company does ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charitable Organization
A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, religious or other activities serving the public interest or common good). The legal definition of a charitable organization (and of charity) varies between countries and in some instances regions of the country. The regulation, the tax treatment, and the way in which charity law affects charitable organizations also vary. Charitable organizations may not use any of their funds to profit individual persons or entities. (However, some charitable organizations have come under scrutiny for spending a disproportionate amount of their income to pay the salaries of their leadership). Financial figures (e.g. tax refund, revenue from fundraising, revenue from sale of goods and services or revenue from investment) are indicators to assess the financial sustainability of a charity, especially to charity evaluators. This information can impact a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
