YOUR QUESTIONS ANSWERED
What Is It?
The Devon
Gateway Development Trust is a partnership organisation established to
benefit the local community. Any member of the local community over the
age of 18 and on the electoral role may join the Trust and have a voice
in how it is run.
What Will It Do?
The primary role of
the Trust will be to obtain funding and provide support and advice to
volunteers working for the benefit of the community. The Trust will
work alongside existing voluntary community organisations and
enthusiastically support them in achieving their objectives. It will
also help establish and support groups emerging to implement fresh
projects to satisfy community needs. This will include the coordination
and implementation of the Culm Valley Community Regeneration Plan.
What are the Benefits of Membership?
As a member of the Trust you will:
- use your skills, knowledge and experience for the benefit of your community
- meet and work with like–minded movers and shakers
- assist the community gain access to funding
- support the regeneration of the area
- have a say in the community’s future
- have the opportunity to work as a member of a project team
- influence the choice of regeneration projects supported
What is the Community?
The community is all those people living and working in the Culm Valley.
What are Community Organisations?
The
term community organisations describes all those groups whose
activities are of benefit to members of the community eg sports, social
and activity clubs, resident associations, welfare, youth and
children’s groups, charities and other trusts etc.
What is the Legal Position of the Trust?
The
Trust is a Company Limited by Guarantee and as such is a separate legal
entity. Instead of shareholders it has members who offer a nominal £1
as their limit of liability. It is regulated by the Company Acts and
has a Board of Directors who will be elected by its members. Six of
those Directors are required to be employed in the business or
voluntary sector, the remaining six to be representatives of the other
sectors of the community.
How is the Trust Funded?
A
primary role of the Trust is to gain access to funds for the community
which would not be easily accessed if the Trust were not in existence.
The Trust will raise funds by seeking grants from awarding bodies,
charities, local government, local and national businesses, by special
fund raising activities and from trading. A further advantage of the
Trust is that it may be used as a means of ensuring that any new
building or land development within the area it serves contributes
funds to regeneration and social issues.
Can the Trust Own Property?
The Trust will obtain property for community ownership. It may manage property on behalf of the community.
Is the Trust a Registered Charity?
The
Trust is not yet a registered charity although it is working towards
registered charity status. It is up to the members to decide when to
apply for that status.
What Happens to Profits from any Trading Activities?
The
Trust is a non–profit making organisation. Surpluses from any trading
activities must be spent or invested for the benefit of the community.
Is there a Trust Logo?
The
Trust logo has not yet been designed. It is proposed to invite schools
to participate in a competition to design a suitable logo after the
Annual General Meeting. Members of the Trust will select a logo from
those submitted in the competition.
How is the Trust Managed?
The
Trust will be managed by a Board of Directors elected by the members at
the Annual General Meeting. Each year one third of the Board will
retire by rotation and new directors will be appointed.
How do I become a Member?
You
may become a member if you are on the local electoral role by
completing the application proforma and paying the initial annual
subscription of £3.
You haven’t answered all of my questions
If you have any other questions or wish to read the Memorandum and Articles of Association please contact:
- Paul Holtam (Membership Secretary)
- Tel: (01884) 839745
- Email:
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