Trust winds up with final £100k gift to Age UK branch

Fundraising | Niki May Young | 19 Oct 2012

A charitable trust in West Sussex has donated its final gift of over £103,000 to its local independent Age UK, as funding sources have dried up.

The Suzanne Green Charitable Trust was set up by seven directors of the West Sussex County Times newspaper after its owner passed away in 1988. It was set up to benefit aged people, providing grants to both individuals and charities providing facilities for the elderly. It donated £1.6m throughout its existance.

Help the Aged and Age Concern in Horsham joined forces in the recent national merger. As the main providers of assistance to the elderly in Horsham, the Trust provided £941,000 overall to the charities, which became Age UK Horsham.

In 2009 the Trust reported a fund balance of £275,611, and announced its intention to wind up the charity once this was exhausted, a process it estimated would take four years. Three years later the trustees have chosen to offer the final charitable funds of £103, 650 to Age UK Horsham, which were presented to the charity in the form of two cheques on Wednesday night (17 October).

The Trust's funds came solely from the estate of Suzanne Green, whose family were proprietors of the West Sussex County Times for more than 90 years.

Trust chairman Peter Lusher commented: "For more than 23 years the Trust has been helping elderly people across the Horsham district and we believe that the wishes of Mrs Green have been fulfilled. She had wanted her money to help elderly people who otherwise could not be assisted by government agencies, and the trustees have done their utmost to ensure that this has happened."

(See full image by clicking thumbnail below)

Images

Directory: Age UK

Comments

[Cancel] | Reply to:

Name *

Email *

Organisation

Job Title

Comments *

Verification *

* Please read our Community Standards

Close »

Community Standards

The civilsociety.co.uk community and comments board is intended as a platform for informed and civilised debate.

We hope to encourage a broad range of views, however, there are standards that we expect commentators to uphold. We reserve the right to delete or amend any comments that do not adhere to these standards.

We welcome:

Robust but respectful debate
Strongly held opinions
Intelligent relevant discussion
The sharing of relevant experiences
New participants

We will not publish:

Rude, threatening, offensive, obscene or abusive language, or links to such material
Links to commercial organisations or spam postings. The comments board is not an advertising platform
The posting of contact details for yourself or others
Comments intended for malicious purpose or mindless abuse
Comments purporting to be from another person or organisation under false pretences
Gratuitous criticism, commentary or self-promotion
Any material which breaches copyright or privacy laws, or could be considered libellous
The use of the comments board for the pursuit or extension of personal disputes

Be aware:

Views expressed on the comments board are left at users’ discretion and are in no way views held or supported by Civil Society Media
Comments left by others may not be accurate, do not rely on them as fact
You may be misunderstood - sarcasm and humour can easily be taken out of context, try to be clear

Please:

Enjoy the opportunity to express your opinion and respect the right of others to express theirs
Confine your remarks to issues rather than personalities

Together we can keep our community a polite, respectful and intelligent platform for discussion.