Partnering with existing charitable trusts and revitalising dormant or ineffective trusts
We work with existing charitable trusts to manage their local grants programmes, and are pleased that UK Community Foundations have been chosen to partner with the Charity Commission as part of the 2018 Civil Society Strategy to revitalise dormant or ineffective charitable trusts.
UK Community Foundations have worked closely with the Charity Commission to develop the understanding and expertise required to handle trust transfers and mergers effectively. Over the past 10 years, Community Foundations have provided a safe haven for over 3,400 trust funds with assets totaling over £60 million. As part of the new Civil Society Strategy, by 2020 it is estimated that an additional £20 million will have revitalised and made available for community grant making across England and Wales.
We also work with a number of national and regional charitable trusts to support their grassroots grant making within Surrey.
Partnering with independent Charitable Trusts
The Community Foundation for Surrey works with a number of established independent Charitable Trusts to support their local grant making in Surrey. Trusts can establish a fund within the Foundation, set the grant criteria and make the decisions on grants awards, benefiting from the Community Foundation’s local knowledge of grassroots community groups across the County.
Our local expertise means we can often find wonderful grassroots projects, operating below the radar, where even a modest sum of money can make a huge difference.
Endorsement from the Charity Commission
The Charity Commission have acknowledged the work of Community Foundations in revitalising moribund (dormant) or ineffective trusts.
Trust Transfers might particularly benefit local grant-making trusts that Trustees are finding difficult to manage. They may be struggling to make effective grants, the administrative duties might have become too much of a burden, or perhaps they are having difficulty recruiting new trustees. Or it might be that Trustees are simply looking for an efficient and sustainable way of ensuring that the excellent work of their Trust and its charitable purpose is continued in perpetuity.
The Community Foundation for Surrey has broad charitable objects and is therefore well-placed to ensure that future grant-making is true to the spirit of original objects. Trustees can stay fully involved as panel members, making decisions on future grants, if they wish, while handing over the legal responsibility of managing the trust to the Community Foundation.
If you would like to find out more about giving with the Community Foundation for Surrey, please email us at email@example.com