Issue - meetings

Charities and Trust Funds Report

Meeting: 17/12/2021 - Helensburgh & Lomond Area Committee (Item 13)

13 Charitable Trusts, Bequests and Trust Funds pdf icon PDF 212 KB

Report by Executive Director with Responsibility for Legal and Regulatory Support

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Additional documents:

Minutes:

The Committee gave consideration to a report which provided information on proposals relating to the ongoing management and proposed distribution arrangements for the Charitable Trusts, Bequests and Trust Funds for which the Helensburgh and Lomond Area Committee are Trustees.

 

Decision

 

The Helensburgh and Lomond 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 the distribution of funds from the following funds: Helensburgh and Faslane Cemeteries Fund, Ballyhennan Churchyard, Cardross War Memorial and Sundry Bequests – Former Dumbarton Cemeteries, until such time as sufficient interest has been accrued;

3.    agreed that the ‘John Logie Baird Prize Fund’ prize be limited to £30;

4.    agreed that all other Charitable Trusts, Bequests and Trust Funds are awarded on the basis outlined in paragraph 5.5 and defined within 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 funds from the Clydesdale Air Raid Distress Fund.

 

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

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