As regulation of the charity sector becomes tighter, many charitable trusts struggle to fulfil their original aims and objectives. We offer a package of services to revitalise charitable trusts.
Trust criteria can also become outdated, the interest of trustees can wane, and finding suitable projects to support becomes difficult.
The Foundation can help revitalise charitable trusts by matching the criteria of the trust to suitable projects, dealing with the administration, while giving trustees the level of control and involvement they desire. We also have the flexibility to honour relationships your Trust may have with some ‘favourite’ charities, and distribute only the balance to other organisations.
The Foundation has effectively distributed funds for charitable trusts since 2004. With a wealth of knowledge and experience in community development and the voluntary sector, we are uniquely placed in Cambridgeshire to offer charitable trusts a comprehensive and tailor-made grantmaking service.
The Boost Initiative
The main aim of the Boost Initiative is to unlock and enhance dormant and inactive charitable assets so that they meet real current needs within neighbourhoods and communities across the UK.
The Boost Initiative does this by linking trustees of dormant and inactive trusts to local Community Foundations, so that the trustees can take advantage of relevant knowledge, expertise and capacity of delivering charitable funds.
The Boost Initiative is a national project led by Community Foundation for Merseyside, on behalf of the Community Foundation Network. Technical advice and guidance to set-up the project was provided by the Charity Commission.
The Community Foundation Network represents local community foundations acorss the UK. Community Foundations are specialists in the management and distribution of funds for hugely diverse charitable activities, including the management of endowed funds which will help make such community activity sustainable for the future.
By working with the Boost Initiative, trustees can fulfil their responsibility for effective grant making as the local community foundation ensures that trust assets meet the needs of local communities. Community Foundations can offer a flexible, cost effective and trouble free solution to giving in local communities – without the burden of doing it alone.
The Cambridgeshire Community Foundation would be pleased to discuss any aspect of local dormant or inactive charitable assets