Issue - meetings

CHARITABLE TRUSTS BEQUESTS AND TRUST FUNDS

Meeting: 08/12/2021 - Oban Lorn & The Isles Area Committee (Item 10)

10 CHARITABLE TRUSTS BEQUESTS AND TRUST FUNDS pdf icon PDF 208 KB

Report by Executive Director with responsibilities for Legal and Regulatory Support

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Additional documents:

Minutes:

The Committee gave consideration to a report which provided details on of a number of the Trusts and Bequests that remain active in the Oban, Lorn and the Isles Area and sought agreement regarding their ongoing distribution and management.

 

Decision

 

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 James McKechnies Trust and the Miss Mary A McNivens Trust;

 

3.    agreed that the 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 and defined within appendix 1; and

 

4.    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)

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