How to give: Setting up a fund

You may be in the fortunate position to be able to set up your own fund at the Foundation during your lifetime or through a legacy. The fund will be established in the name of your choice and will be a powerful way of serving the communities for generations to come.

A fund at the Foundation works just like a charitable trust but is much easier to set up and far more cost effective. It allows you to support issues and areas you care most about.

The criteria are set in consultation with you. The minimum practical size for a fund is £25,000. This is a significant sum, but contributions to a fund can be built over time.

Some people choose to manage all or most of their charitable giving through a fund at the Foundation.

Existing examples are permanent named funds such as the HSBC Fund, Viscount Whitelaw and Laing plc funds or donor directed funds such as the CN Group Fund. We also run themed funds which cover a particular geographic area and/or field of interest such as the Barrow Community Trust or the two Kipling Funds. If you are thinking of setting up a fund, the list may give you ideas about how a fund can be tailored to your interests.

To find out more about establishing a fund please contact Andy Beeforth.

 

updated 31.08.2006