"At Myakka it is important to us that our ethics have relevance in our local community as well as in the countries in which our products are sourced. Somerset Community Foundation's knowledge and expertise has helped us to establish and manage our own Myakka Grassroots Fund through which we have been able to make a difference in our local area with appropriate giving to local support groups and projects that we would otherwise not have been able to reach." - Georgie Hopkins, Myakka
Setting up your own charitable fund is a simple alternative to a company foundation, offering great flexibility without the administrative burdens. It is a rewarding and exciting way of supporting your local community today or over the long term. A fund can be set up in your company’s name and you decide what issues or areas your fund will support.
By working with Somerset Community Foundation, your company can:
- establish a fund to support the causes and geographical areas which you select
- actively encourage charities and community groups to make applications for funding
- involve staff in choosing which charities to support by appointing an internal selection panel
- visit community projects you have funded
To find out more about setting up a fund, contact Mary Hancock on 01749 344 949 or email firstname.lastname@example.org. Is a named fund right for you?