The Isle of Wight College

Corporate Governance

The Isle of Wight College of Further Education is an independent Corporation with exempt charity status formed under the Further and Higher Education Act 1992. The Instrument and Articles of Government set down its powers, membership, role and responsibilities. Most of the College’s provision is funded by the Skills Funding Agency (SFA), and the Instrument and Articles are supplemented by the Skills Funding Agency’s Financial Memorandum and Audit Code of Practice, as well as general law relating to employment, equality and diversity, health and safety.

Corporation is similar to a board of non-executive directors. The Isle of Wight College Corporation is made up of members from the business and local community, public sector and staff and students. The Principal is a member ex officio and the only executive member. Corporation is accountable for the use of public funds and has a duty of care for the assets of the College. Corporation is advised by a Clerk who is independent of College management and has access to independent professional advice.

Introduction from the Chair of the Corporation

The College’s board of governors (“The Corporation”) has legal responsibility for the College. It comprises up to 18 members, including two members of staff and two students. The Principal is the sole executive member and she is responsible for operational management of the College. The full Corporation meets monthly and further work is done via four committees.

The main tasks of the Corporation are:

• To determine the mission for the College (its “educational character”).
• To ensure high standards are achieved in all aspects of the College’s work.
• To ensure financial solvency and to protect the College’s assets (mainly property).
• To oversee all aspects of the College’s work and to act as a ‘critical friend’ to the Principal and her management team.

The past 2 years have seen a number of exceptional achievements by the College including in the award of the prestigious Beacon status and the next two to three years will be very challenging following the opening of the 6th form centre in October 2010 and responding to the demands on the education sector following the election of a new government.

Mr. Peter Conway

• Corporate Governance : Related Information

  • Corporate Governance Useful Resources
  • College Annual Report and Accounts
  • Contact Clerk to Corporation
  • Minutes of Meetings
  • Corporation Confidentiality
  • Governance and Management
  • Instrument and Articles of Government for FE Colleges
  • Membership
  • Roles and Responsibilities
  • Search and Governance Committee
  • Standing Orders

Tags : college · corporate · governance · information

Posted in : Information