Issue - decisions

Community endowment Fund

24/06/2013 - Community endowment Fund

(a)       That the closedown and transfer of existing moribund and ineffective education trust funds to a newly established ‘Flintshire Community Endowment Fund’ to be managed and administered by the trustees of the Community Foundation in Wales, be noted, given the assurances provided by the Head of Finance in her Section 151 statutory officer role, but noting the potential risks which remain; and

 

(b)       That the Flintshire Community Endowment Fund be launched with the working arrangements as set out in the report.