Be headquartered and deliver services to beneficiaries in the UK Be a charity or social enterprise Have a turnover of between £100k - £10 million (for larger organisations we may ask for a contribution towards core costs) Have at least 2 months’ financial reserves (preferably 3 months) ...
The UKMED population is now defined in two ways: All those who started at a UK medical school since 2002 as defined by the HESA data (N = 110,78). The GMC has obtained historical data and now receives updates annually. Those who have taken part in postgraduate training in the ...
A third-party member, called a trustee, is responsible for managing and overseeing an irrevocable trust. Why set up an irrevocable trust? Assets held in an irrevocable trust generally become exempt from the grantor’s taxable estate. This in turn decreases the grantor’s tax liability, ...
Sometimes I say I’m a charity trustee. I might talk about Grassroots Suicide Prevention and how we help to save lives by training people in mental health awareness and suicide prevention techniques. Or the Mary Seacole Trust and that now we have achieved a beautiful statue to the first ...
Our Trustee Board, the committee that manages the Union’s finances and ensures it adheres to the law, have stated that these activities will continue.Public TransportThe Union believes that students are in a unique position compared to other members of the public, so they deserve special ...
Leaving money to charity in your Will when planning your estate is a great way to leave a positive legacy for the future. It can also potentially reduce the amount of tax paid by the rest of your estate, meaning your family can get the most out of their inheritance. Your donation will ...
New and unforeseen circumstances occur frequently, and while our body of policy and practice helps guide decisions, any WhatDoTheyKnow volunteer or mySociety staff member/trustee involved is free to suggest that the right thing to do in a specific case is to make an exception and/or establish ...
A trustee is often designated by the original owner of the assets, called the trustor. In some cases, a trustee may be assigned by a court. A trustee may be appointed for various purposes, such as in the case of bankruptcy, for a charity, or for a trust fund. ...
In the run-up to the UK Budget, he has been encountering this word — and the strong emotions it provokes — much more frequently, even hearing his parents talk about it. “It sounds like a bad thing, because it’s a bill,” he says. “Everyone my age is aware of it. But I don...
A charitable remainder annuity trust (CRAT) is a type of gift transaction in which a donor (also known as a “grantor,”“trustor,” or “benefactor”) contributes assets to anirrevocable trustthat then donates to one or more charities while also paying a fixed income to one or more design...