Issue - meetings

(a)       That the Committee supports the work of the Community Foundation in Wales on behalf of the Council; and

(b)       That Richard Williams, Chief Executive of the Community Foundation in Wales, be thanked for his attendance and contribution at the meeting.

The Corporate Business & Communications Executive Officer introduced the update on progress and performance of the Flintshire Community Endowment Fund (the Fund) since last reported in January 2017.  She introduced Richard Williams, Chief Executive of the Community Foundation in Wales (CFIW) who gave a presentation on the work of the Fund, covering the following:

·         Community Foundation - update

·         Fund history and overview

·         Financial performance of the Fund

·         Summary of grant awards and Fund for 2018/19

·         Case studies

An update was also given on the Welsh Church Act Fund (WCAF) which had transferred to the CFIW, and the establishment of the Hawarden & District Property Relief Fund.  In addition to good partnership working between the Council, the CFIW and Flintshire residents, opportunities were being explored to develop a number of new partnerships to benefit local communities.  Investment managers were reviewed every three years to help achieve the aim to grow funds and build investment wisely for future generations.  A 6.4% growth of the Fund was reported over the past 12 months although some cautious risk was noted for the year ahead.  Of the £25,682 total of grants available for 2018/19, £6,779 had been awarded so far.  The renewed approach was to identify ways of increasing diversity and make stronger connections by refining criteria and increasing promotion to raise awareness and make better use of funds.  This was reflected in some of the stores shared on groups which had benefited.

In response to comments from Councillor David Healey, Mr. Williams clarified that individuals and groups were able to apply for grant funding.  He agreed to speak with Councillor Healey about the example he had given.  The Executive Officer advised that separate forms applied to individuals and organisations, both of which were available on the Council’s website.

Councillor Heesom welcomed the progress which had been reported.

RESOLVED:

(a)       That the Committee supports the work of the Community Foundation in Wales on behalf of the Council; and

(b)       That Richard Williams, Chief Executive of the Community Foundation in Wales, be thanked for his attendance and contribution at the meeting.