Community Foundation - Serving Tyne & Wear and Northumberland

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• Transfer of Trusts
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Transfer of Charitable Trusts

The Community Foundation works closely with other charitable trusts in the North East. We are keen to support Trustees and administrators in fulfilling their role.

Occasionally, trusts decide that it is the right time to close because

• The original charitable objectives have been fulfilled
• Administration has become too time consuming
• Trustees wish to retire

When this happens, we can assume management of long established charitable trusts that benefit Tyne & Wear and Northumberland.

Our Service

We manage existing charitable Trusts by recreating them as Funds within the Community Foundation. We:

• Set up a named Fund, usually with the same name as the former Charitable Trust
• Amend or retain the charitable objects of the Trust for grant making
• Involve one or more former Trustees as advisors to the new Fund

The public face of the Trust carries on as before but without the additional work caused by separate investment, administration and reporting.

For more information contact Development Director, Peter Storey / 0191 222 0945.