Patrick McLarry is accused of transferring more than £250,000 from the pension scheme of Yateley Industries for the Disabled.
Mr McLarry faces a charge of fraud.
His wife, Sandra McLarry, faces four charges of money laundering – the first time that The Pensions Regulator (TPR) has brought a prosecution for this offence.
The offences are said to have taken place between April 2011 and September 2013 when Mr McLarry was both the chief executive and chairman of the charity and a director of the corporate trustee of the charity’s pension scheme.
Mrs McLarry was the secretary of the Hampshire-based charity’s board.
Mr McLarry, 70, and Mrs McLarry, 59, of Bere Alston, Devon, have been summonsed by Basingstoke Magistrates’ Court to appear at the court on 19 March.