Local Authorities
Local authorities often act as trustees and/ or administrators of charitable trusts. However, often local authorities lack the time and resources to manage charitable trusts in the way that the original benefactor desired.
Community foundations are able to help in the administration and management of charitable trust funds that local authorities are responsible for.
Urged by the Charity Commission, many local authorities have already transferred their trust funds over to their local community foundation, to increase their efficiency through more effective grant-making that meets real need in local areas.
Community foundations are able to provide a flexible and cost effective solution to local authorities, freeing them from the administrative burden of managing and reporting on several separate small trust funds that often struggle to meet their charitable objectives.
Community foundations, with the Charity Commission’s support, are able to amalgamate local authorities' small trust funds into one larger fund that can be more effective not only in terms of grant-making and administration, but also in terms of investment income on endowment.
Colin Evans from Community Foundation for Greater Manchester works specifically with local authorities throughout the UK to help them make their dormant and inactive trust funds more effective.
Please contact Colin at the details below to discuss how your local authority could benefit by working in partnership with your local community foundation.
Colin Evans
colin@communityfoundation.co.uk
07981 226029
