The position has an honorarium of £12,000 per year and reasonable domestic travel expenses will be reimbursed. This does not translate into a daily or hourly rate as the volume of work is unpredictable and may vary from year to year. The appointment is made by the Trustees of the Foundation and is for a term of three years, which may be renewed once.
There are three Committee meetings per year as well as ad hoc meetings with managers or consultants as required (usually up to 12-15 per year), either in person or remotely. There is preference for in person meetings, but some can be attended virtually when needed. Candidates must be UK-based.
Please note that this time requirement may vary, with some meetings coming with only a few days’ notice (such as with a potential private equity manager), and some scheduled far ahead. We try and accommodate this by flagging important meetings with plenty of notice.