Solicitors create lasting legacy in memory of Kent businessman
The Albert Burns Children’s Trust Fund has distributed over £100,000 to local charities in Kent since the Endowment Fund was set up in 2014. The fund, managed by Kent Community Foundation was created in memory of Thanet businessman Albert Burns who left instructions in his Will for his legal advisors Boys & Maughan Solicitors to create a lasting legacy for children. He particularly wanted to support smaller, local charities that don’t have the resources of the larger children’s charities.
Kent Community Foundation manages the grant making on behalf of Boys & Maughan Solicitors and directs funding to local children’s groups and charities where it will make a significant impact locally.
Ian Priston, Boys & Maughan Solicitors;
“We are delighted to be working with Kent Community Foundation. They have enabled us to establish a significant legacy fund that will continue to benefit local communities for years to come, and means to reach out to many more Kent children’s charities than would have been possible if we had attempted to manage the trust independently.”
Since 2014 the fund has supported 28 projects benefitting an expected 5,200 children and families in the county. Charities, community groups and voluntary organisations supported include; Pegasus PlayScheme, Louie’s Helping Hands, Demelza Hospice Care for Children, It’s My Life Fund, The Folkestone Youth Project, Thanet Disabled Riding Centre, Church Street Community Project, Oasis Domestic Abuse Service, Stagecatz, Thanet Community Forest School and more.
Kent Community Foundation supports professional advisors and their clients to achieve local philanthropic and charitable goals in a simple, cost effective manner.
Josephine McCartney, Chief Executive Kent Community Foundation;
“We have excellent working relationships with a number of high profile advisory firms. We are experts in local community need in Kent, having given out more than £31million in grants to thousands of organisations across Kent and Medway since 2001.”
“Setting up a named donor advised fund is a fantastic alternative to establishing a private Trust. Our donors can still decide on the criteria of the fund as well as the organisations they would like to support without the administrative and governance burden of a registered Trust. ”
Kent Community Foundation’s endowment now stands at over £20million. For philanthropists who want to provide a lasting legacy for their local community and perhaps pass the heritage of giving on to the next generation of their own family, then endowed funds are extremely powerful. An endowed fund is invested to produce an annual income which is distributed as grants each year.
If you would like to set up a meeting to discuss how we can help you to help your clients please contact Josephine McCartney via email@example.com or 01303 814 500.