Charitable Trusts
The Community Foundation already works closely with many charitable trusts operating in the county.
Occasionally, trusts will decide that it is the right time to close as their original charitable objectives have been fulfilled; due to administration becoming time consuming, or because the Trustees wish to retire.
When this happens, the Community Foundation is able to assume management of charitable trusts that benefit the people of Wiltshire & Swindon. Trusts can be recreated as Funds within the Community Foundation, as a new Named Fund, but with the same name as the former Charitable Trust. The objects of the Trust can be retained or amended and if any of the Trustees wish to remain involved, they can often do so as an advisory panel.
The Community Foundation takes on all the responsibilities for investment, administration and compliance with Charity Law. All applications for funding will be thoroughly assessed by the Community Foundation’s grants team and ratified by the board of Trustees, ensuring that good-quality grants are made regularly from the fund, now and for years to come.
Record number of grants made during 2009/2010
Our final calculations for our end of year accounts have shown that we distributed £913,000 in grants to 255 groups during 2009/2010.
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The Community Foundation Demonstrates Quality
Wiltshire and Swindon are one of the first two Community Foundations to receive enhanced quality accreditation as part of a pilot project for the Community Foundation Network.
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