Agenda and draft minutes

Apologies for absence were received from Alderman Nick Anstee and Alderman Sir Michael Bear.

Alderman Dr Andrew Parmley would be arriving late or would be considered as having given apologies for absence if the meeting had concluded.

To note the objects of the Sir William Coxen Trust Fund.

The objects of the Sir William Coxen Trust were noted.

To receive the following letters of thanks for grants of money agreed at the 7 May 2013 meeting.

·         Action Medical Research for Children

·         Brainwave

·         Chailey Heritage Foundation

·         Demand

·         Event Mobility Charitable Trust

·         Handicapped Children’s ‘Action’ Group

·         National Osteoporosis Society

·         Osteopathic Centre for Children

·         PACE

·         Queen Elizabeth’s Foundation for Disabled People

·         Scat Bone Cancer Trust

·         Spinal Injuries Association

·         Strongbones Children’s Charitable Trust

·         The Jennifer Trust for Spinal Muscular Atrophy

·         The Oswestry Bone Cancer Appeal

·         Treloar’s Enabling Education

·         Whizz-Kidz

Letters of thanks for grants of money agreed at the meeting held on 7^th May 2013 were noted.

To receive a report of the Town Clerk.

The Applicant Matrix was received by the Committee.

To consider a report of the Chamberlain relative to a review of the investment portfolio.

The Committee received a report of the Chamberlain, which updated Members on the investment performance of the Income Fund. Income received during 2012/13 amounted to £118,815.

The Chamberlain noted that due to the estimated dividend and interest income in 2013/14 and an adequate reserve having been established, the Trust could allocate up to £75,000 in grants at this meeting.

To receive a report of the Chamberlain.

The Committee received the financial statements for the year ending 31 March 2013 that had been audited by Deloitte.

To consider the following applications for a grant of money.

·         ABF The Soldiers’ Charity

·         Action Medical Research for Children

·         Arthritis Research UK

·         Action for Kids

·         Bobath Centre

·         Brainwave

·         Children’s Hope Foundation

·         Children with Cancer UK

·         Christian Mercy Foundation

·         Dyspraxia Foundation

·         Fairfield Future

·         MERU

·         Motability

·         PACE

·         Perthes Association

·         Rose Road Association

·         Royal National Orthopaedic Hospital Appeal

·         Royal Manchester Children’s Hospital Charity

·         The Air Ambulance Service

·         The Child Care Action Trust

·         The Children’s Hospital Charity

·         The Orthopaedic Institute Limited

·         The Movement Centre

·         The Stagecoach Charitable Trust

RESOLVED: That the grants received at the inquorate meeting held Tuesday 2^nd December 2013 be agreed.

Members noted that there had not been a large number of applications to consider, and it could be the case that smaller charities required less funding, and some charities were more aligned with the Trust’s charitable objectives.

Members and officers agreed that the Town Clerk would liaise with Children and Community Services, or the appropriate department, on informing charitable organisations of the various charitable trusts administered by the City Corporation including the Management Committee of the Corporation Benevolent Association, Committee of Alderman to Administer the Sir William Coxen Trust Fund and the Trustees of the Emanuel Hospital Charitable Trust.

When the Town Clerk wrote to those applicants who were unsuccessful, they would be advised to be more specific for their request for funding and alignment with the objectives of the Trust in future.

ABF Soldier’s Charity

RESOLVED: That no grant would be awarded on this occasion.

Action Medical Research for Children

RESOLVED: That a grant of £5,000 be awarded.

Arthritis Research UK

RESOLVED: That no grant would be awarded on this occasion.

Action for Kids

RESOLVED: That a grant of £5,000 be awarded.

Bobath Centre for Children with Cerebral Palsy

RESOLVED: That a grant of £2,000 be awarded.

Brainwave

RESOLVED: That no grant would be awarded on this occasion.

Children’s Hope Foundation

RESOLVED: That a grant of £5,000 be awarded.

Children with Cancer UK

RESOLVED: That no grant would be awarded on this occasion.

Christian Mercy Foundation

RESOLVED: That no grant would be awarded on this occasion.

Dyspraxia Foundation

RESOLVED: That no grant would be awarded on this occasion.

Fairfield Future

RESOLVED: That no grant would be awarded on this occasion.

MERU

RESOLVED: That a grant of £3,000 be awarded.

Motability

RESOLVED: That

To agree that the date of the next meeting will be held Tuesday 6 May 2014 at 10:30am.

RESOLVED: That the next meeting be held on Tuesday 6^th May 2014.

There were no urgent items of business.