Issue - meetings

Charities and Trust Funds Report

Meeting: 01/12/2021 - Mid Argyll, Kintyre & the Islands Area Committee (Item 9)

9 Charitable Trusts, Bequests and Trust Funds pdf icon PDF 211 KB

Report by Executive Director with responsibility for Legal and Regulatory Support

:

Additional documents:

Minutes:

The Committee gave consideration to a report providing information on proposals relating to the ongoing management and distribution of the 19 Charitable Trusts, Bequests and Trust Funds for which the Mid Argyll, Kintyre Area Committee are Trustees.

 

Councillor Armour advised that references to the ‘Hutcheson Memorial Trust’ throughout the report should be amended to the ‘Hutcheon Memorial Trust’. The Committee Manager confirmed that she would arrange for this information to be amended in the relevant records.

 

Decision

 

The Mid Argyll, Kintyre and the Islands Area Committee:

 

  1. noted the financial position of the Charitable Trusts, Bequests and Trust Funds as of July 2021;
  2. agreed that a moratorium be placed on awards being made from the following funds, Latimer McInnes Trust, Macalister Trust, Kilmory Lochgilphead Churchyard, Kilmartin New Burial Ground Bequest, Kilmartin War Memorial Fund, and Kilkerran Cemetery;
  3. agreed that the Hutcheon Memorial Trust and May Paterson Trust prizes be limited to £30;
  4. agreed that all other charities and trust funds, that have historically been awarded to Council Departments and Allied partners, are awarded on the basis outlined in paragraph 5.5 of the report and as outlined in appendix 1 of the report; and
  5. noted that officers are in ongoing dialogue with representatives from the Lord Advocates office to establish appropriate methods of distributing those funds that have no established distribution arrangements.

 

(Reference: Report by Executive Director with responsibility for Legal and Regulatory Support, dated October 2021, submitted)

: