Decision details

The Area Committee has given approval to:

a)    Confirm that £25,000 be made available for distribution from the Trust during 2024/25.

b)    Confirm that no changes be made to the adopted investment policies.

c)    The following additional guidelines for the distribution of monies from the Trust:

·         Not to permit retrospective applications.

·         An upper limit of £5,000 be placed on the amount that can be applied for by applicants.

·         No more than one application from a group will be considered in any two-year period.

·         Applications should aim to benefit the wider community and not solely benefit a particular group and/or have a very limited number of beneficiaries.

Whether to make changes to the adopted investment policies and the guidelines for the distribution of monies from the Trust was considered.

None.