In recent years the LDBF has received a number of queries about what is permissible in relation to restricted and endowed funds, and specifically how they can make use of dormant funds. We have worked with an independent solicitor to develop the presentation and guidance/template documents below. If you have any queries please contact the Parish Support Accountant at ResourcingParishes@leeds.anglican.org
Understanding and Utilising Restricted Funds Presentation
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Sec 268 Consolidation of Non-Permanent Endowments |
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Flowchart | Template |
Sec 273 Consolidation of Permanent Endowments |
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Flowchart | Template |
Sec 275 Amendment of Objects |
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Flowchart | Template |
Sec 280 Amendment of Administrative Powers |
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Flowchart | Template |
Sec 281 Expend Small Endowment Fund |
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Flowchart | Template |
Sec 282 Expend Large Endowment Fund |
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Flowchart | Template |
Files:
A simple guide to a parish reserves policy
Managing restricted funds