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Dossier · Nonprofit trustee

Trustee, Finance & Risk

Baltic Climate Foundation — Tallinn, Estonia

Nonprofit trusteeClimateRemote friendlyUnpaid, expenses covered6 board meetings/year + finance committeePetitions close 2026-09-15
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A grant-making foundation deploying EUR 14m across Baltic decarbonisation seeks a trustee to chair its finance and risk committee.

I · The seat

Baltic Climate Foundation funds grid flexibility, building retrofit and peatland restoration work across Estonia, Latvia and Lithuania. Following a doubling of endowment inflows, the board is recruiting a trustee to strengthen financial oversight and investment policy as the foundation moves to a multi-year grant commitment model.

II · Responsibilities

  1. II.1Chair the finance and risk committee (four meetings per year)
  2. II.2Oversee investment policy and endowment manager performance
  3. II.3Review annual budget and statutory accounts before board approval
  4. II.4Act as a critical friend to the CFO and executive director

III · Ideal profile

  1. III.1Qualified accountant or senior finance leader
  2. III.2Experience of endowment or treasury oversight
  3. III.3Comfortable with Estonian and EU nonprofit reporting norms
  4. III.4Genuine interest in climate mitigation

IV · Where this seat sits

This organisation operates under a two-tier structure. Supervision is a distinct body, and diligence is owed to the legal person rather than to the nominating constituency.

Three tiers of governance: shareholders elect the nõukogu or Aufsichtsrat, which appoints and supervises the juhatus or Vorstand.
Shareholders
Elect the supervisory board. They own; they do not manage. ↓ elect
Nõukogu · Aufsichtsrat
Supervisory board. Appoints and observes the executive; approves the decisions that bind the company. ↓ appoint & supervise
Juhatus · Vorstand
Management board. Runs the business day to day and answers upward.