In order for us to understand the structure of the charity please select from the following:
- The charity is the parent of a subsidiary body/bodies
- The charity is a subsidiary of a parent body
- Neither of the above
You should answer the question by selecting the appropriate choice of structure for your charity. The charity is a parent of a subsidiary body or bodies if it controls another entity.
Control means that there is the power to govern the financial and operating policies of an entity in order to obtain benefits from its activities. This is usually through the ownership of share capital.
The charity is a subsidiary body if it is controlled by another charity.
Where there is a close relationship with an umbrella charity or a number of funds (such as in a Church) this does not mean that there is a parent or subsidiary.