Foundation Board is responsible for the group strategy, management and governance of the Foundation together with the financial and educational performance of the schools.
Foundation Board are the legal governors and are accountable for all statutory functions. Many of these functions are discharged on behalf of the Foundation Board by the Executive Team.
At local level, trustees delegate governance functions to a LGB at each school. Trustees have complete discretion over what is delegated to each LGB. They may, for example, decide to delegate all functions to academies in the chain that are performing well and only a few to those academies that need greater support.
LGBs send documentation relating to their meetings into the Foundation, which holds a central record of agendas, papers and minutes of LGB meetings.
It is important to note that local governors are not trustees of a school, unless they also sit on the Foundation Board.