Revitalise a trust
Did you know there are approximately 24,000 registered charities in Scotland? Ranging from small local charities to large international organisations, all charities are regulated and awarded charitable status by the Scottish Charity Regulator (OSCR).
For some charities, remaining active may prove to be difficult. Do any the following statements apply to your trust?
- We find it difficult to identify beneficiaries.
- We cannot spend the income of the charity.
- We find ourselves providing money to the same people or groups every year.
- We find it hard to attract trustees.
- We’d like to be involved in how the money gets spent, but we don’t want the legal responsibility of being a trustee.
- The work of administering the charity and its investment is becoming onerous, costly or disproportionate to the level of funding.
- We wish we knew more about local issues and opportunities. Who else is funding projects and activities for our cause, or in our area?
Did you answer yes to one or more of these questions? If so, don’t worry, we can help.
Help you create a new fund
We take time to understand your fund's history, how and why it was set up initially. We’ll then look at ways to modernise your fund whilst staying true to this purpose. We can help identify areas your revitalised fund can support, putting money where it’s needed most.
To get started we’ll establish a reorganisation scheme with you and OSCR. This lets you wind-up the trust and transfer the assets to Foundation Scotland. We’ll take on all the governance responsibilities, and we can soon begin distributing funds once again on your behalf whilst removing all your administrative burden.
Help you manage your giving
We work with a large number of established charities to support them with their giving. This approach doesn’t require a reorganisation scheme with OSCR. Your charitable trust continues, and we set-up a process to distribute funds, with as much or as little involvement as you wish.
Visit our Helping charities with their giving page to find out more
Why work with us?
We’re an established, trusted charity with exceptional knowledge of the most pressing issues facing our communities, and the groups tackling these on the ground. We manage funds on behalf of hundreds of individuals, businesses and other grantmaking charities. We provide expert advice to those wanting to give, at the heart of their communities, both now and in the long-term. Since 1996 we have helped distribute over £100 million to charities and community groups throughout Scotland.
In 2018 the Charity Commission for England and Wales launched a nationwide Revitalising Trusts programme. In the first two years they 'revitalised' more than £32 million. A total of 179 charities were removed from the register, transferring their funds to similar charities or local Community Foundations, and revitalised 26 charities. This money is now providing targeted and local support for the voluntary community sector thanks to the creation of new local funds. Work with Foundation Scotland, and we can help you do the same.
In 2003, the Cumberland Educational Foundation, with assets worth just under £500,000,was transferred to the Cumbria Foundation from Cumbria County Council. Within 5 years the fund doubled in value to more than £1 million and has awarded £280,000 to individuals, charities and community groups to assist with further academic study or the development of practical skills or sporting excellence of young people.
Building Resources for Local Community Groups, 2018