The Parasol Unit Foundation for Contemporary Art has said that Erica Bolton has stood down from its board.
Bolton is also a director and trustee of Kids Company and is currently facing being banned from holding company directorships.
The Insolvency Service recently wrote to all of Kids Company’s trustees to tell them that the Business Secretary intends to bring court proceedings to ban them from being company directors for up to six years.
The Parasol Unit Foundation for Contemporary Art is also registered with Companies House.
It is a London arts charity which runs exhibitions and education programmes to “showcase the work of leading contemporary, as well as young international, artists”.
Bolton became a trustee in 2010 and the charity has confirmed to Civil Society News that she has stood down, although she is still listed as a trustee on the Charity Commission’s register and as an active director at Companies House.
A spokeswoman said: “Erica Bolton, a trustee of the board of Parasol unit foundation for contemporary art since 2010, has resigned. As a board member she always acted in the best interest of foundation and was extremely generous. We thank Erica Bolton for her many contributions and wish her well in her future endeavours.
Two other Kids Company trustees, Alan Yentob and Handover, are listed as trustees of the Arena Foundation and Dauntsey’s School respectively. Both charities have been approached and not responded.
Handover was also the chair of Power to Change, a grantmaker endowed by the Big Lottery Fund to support community businesses, from its inception in 2014 until September 2015.
Related articles
