Trusts and Foundations

 



We help charitable trusts and foundations give to local groups and individuals in a focused and strategic manner. Using our local knowledge we can provide help from promoting your own grants programmes to local groups, through to providing a full grants management service.

 

Our Services

With our full service, we will help with: promoting the scheme; accepting applications; performing due diligence checks; and presenting you with a shortlist of projects that fully meet your criteria. Your trustees then retain the final decision-making over which projects to fund.

 

Working Locally

A good example of this is our work with the London-based Henry Smith Charity.  We are invited to visit local projects that have been shortlisted by their grants team and are able to provide a report based on our local knowledge and face-to-face meetings.  Any grant that is given is then managed by us, so that we can keep in touch locally and intervene where necessary. Since 2008 we have partnered with the Henry Smith Charity to invest over £5 million in 51 projects.

 

Working Nationally

Our local knowledge is also of benefit to national organisations that need our help to understand local needs. One example is Comic Relief who raise funds through the popular Red Nose Day and Sport Relief Mile initiatives.

 

Managing Redundant or Dormant Trusts

Charitable trusts sometimes find themselves in a position where they can no longer fulfill their original aims and objectives for a number of reasons: the criteria may no longer be relevant; recruiting new trustees might be hard; or trustees may just find it difficult to find suitable projects.

The Leeds Community Foundation is quality-accredited in a scheme recognised by the Charity Commission and our staff have also received specific training about charitable trust transfers.  As such, we are in an excellent position to offer a package of services that can re-vitalise charitable trusts.  This can involve the Foundation:

  • Taking over the direct management of another trust by electing our trustees onto the governing body;
  • Transferring the trust under the Charities Act which, in effect, closes the original trust and transfers its assets to the Foundation. We can then use the assets and/or the income to begin an active programme of grant-making; or
  • Some trustees choose to retain an involvement once the trust has been transferred, acting in an expert advisory capacity.

 

For more information please contact Pip Goff by email pip@leedscf.org.uk or call us on 0113 242 2426