Agenda item

Report of the Chief Grants Officer.

Members considered a report of the Chief Grants Officer regarding Grant Recommendations – City Educational Trust Fund (290840) & City of London Corporation Combined Education Charity (312836) and the following points were made.

·         In response to comments from the Chairman, the Chief Grants Officer agreed to review and refresh the templates used for assessing grant applications. The refreshed template would include a section covering a review of each grant 12 months after it had been made, to review its level of impact. The Chief Grants Officer noted that the Central Grants Team were undertaking a wider review with a view to adopting a new grants management system.

·         In response to comments from Members regarding the 12% recharge fee of Grant Officer time for two charities, the Chief Grants Officer noted that this percentage had been set by the City of London Corporation’s Finance Committee and was for guidance only. The use of timesheets for 2017/18 had demonstrated that it was not necessary to recharge officer time to the two charities up to the level of 12%.