Issue - meetings

The Abbey Barn Trust is an inactive trust that is currently being held by the County Council.  A request has been made to transfer the full amount of approximately £71,000 to be administered and managed by the Community Foundation for Surrey for the benefit of young people in Runnymede as originally intended.

The purpose of this report is to seek approval from the Cabinet Member for Community Safety to transfer the funds to Community Foundation for Surrey.

[The decisions on this item can be called in by the Communities Select Committee]

That the cash currently held by the council, plus the proceeds from the sale of investments in full be transferred to the Community Foundation for Surrey, so they are able to utilise the funds through the Runnymede Community Fund Panel and the young people of Runnymede are able to utilise the funds.