Issue - meetings

Charitable Trusts, Bequests and Trust Funds - TO FOLLOW

Meeting: 07/12/2022 - Mid Argyll, Kintyre & the Islands Area Committee (Item 15)

15 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 details of a number of Trusts and Bequests that remain active in the Mid Argyll, Kintyre and the Islands area and sought agreement on the proposed distribution methods.

 

It was noted that there was an error in the name of the “Hutcheson Memorial Trust” which should be the “Hutcheon Memorial Trust”.

 

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 August 2021;

 

2.    agreed that the Hutcheon Memorial Trust and May Paterson Trust prizes be limited to £30;

 

3.    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 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 Responsibility for Legal and Regulatory Support, dated 7 December 2022, submitted)

 

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