Owners of charities?

[Only Cheating Yourself]

I had a stupid q on my sac… Regarding who the ownership of charity is, there really isn't a definite answer is there?  I wrote shareholders (volunteers and membership subscriptions) Shareholder as not a charity to exist they would need investment from people thus membership subscription etc.  I mean this question bugged me, anyone have an answer?  I know shareholders aim to make a profit, but there also investors so in the context of a charity, investors may be light hearted and want their money to go to the organisation to save lives.

Thanks.

[Zlatan]

No one actually "owns" a charity in the way that a business can be owed. But the official board of trustees (i'm not sure if it's trustees) are responsible for the charity's operations.

[Einstein]

board of directors?

[Zlatan]

board of directors?

The board of directors don't "own" the charity. They are only responsible for its operations.
I'm don't think a charity can be owned by private individuals or organisations, but they could be a subsidiary (not sure if it's the right term to use here).
For example, Ronald McDonald house is a charity that is under McDonalds.

[Einstein]

Yeah, thats what i was meaning. Theoretically, a Charity is not owned per se, but it is controlled and operated by a Board of Directors.