Lane End Youth and Community Association received £530 from the Dreams Plc Named Fund for a course at Marlow Fire Station
Start your own Named Fund
A Named Fund gives you the opportunity to have a Fund in your name or a name of your choice. You choose charitable groups to receive grants from your Fund. You are actively involved in setting criteria for specific areas or issues.
You can stipulate the type of beneficiary with which you wish to support – children and young people, offenders, the elderly or those who for whatever reason are unable to participate fully in an active life in Buckinghamshire.
By starting your own Named Fund we manage those requests on your behalf. You put them in touch with us and we take them through an application process and assessment – if we can't fund them through your fund we will do our best to find other funds available for them.
The there are two options for investing in your Name Fund:
An Endowment Fund
Your Fund will benefit our county in the future. You can start this Fund with a minimum investment of £25,000.
With your Endowment Fund, the interest income generated is drawn down annually. A management fee of 1.25% of the Fund total including interest gained is taken first and the remainder given away as grants.
The grant awards are made in line with the charitable wishes of your Fund Agreement and with your prior consent, if desired.
Flow through Fund
Your Named 'Flow Through' Fund will benefit the areas and communities of your choice immediately. You can start this Fund with a minimum investment of £2,000.
Due to the nature of grant making from this fund straightaway we charge a management fee of 10% to cover the cost of our processing. Grant awards are made in line with the charitable wishes of your Fund Agreement and with your prior consent, if desired.
When the money runs out in your Fund you can decide if you would like to top it up or even make it an endowment for the future!
You can increase your new fund by taking part in the http://www.buckscf.org.uk/community_first_endowment_match_scheme/
