We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Setting up a fund.
tuffkat
Posts: 27 Forumite
I'm not sure if this is the right board but here goes:
My friend has a 2 year old with cerebral palsy.
At the moment they are raising funds to help with the cost of cell therapy.
Until now the money raised has been put in a private account in the little girl's name.
However now they are looking to raising funds outwith family and friends they are looking towards putting the fund on a more legal footing.
They have been told they cant register as a charity as the the monies raised are for the benefit of one individual.
They cant seem to find any info on how you set up with a trust/fund status.
Does anyone know how this is done?
My friend has a 2 year old with cerebral palsy.
At the moment they are raising funds to help with the cost of cell therapy.
Until now the money raised has been put in a private account in the little girl's name.
However now they are looking to raising funds outwith family and friends they are looking towards putting the fund on a more legal footing.
They have been told they cant register as a charity as the the monies raised are for the benefit of one individual.
They cant seem to find any info on how you set up with a trust/fund status.
Does anyone know how this is done?
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.6K Banking & Borrowing
- 254.8K Reduce Debt & Boost Income
- 456.1K Spending & Discounts
- 248.2K Work, Benefits & Business
- 605.7K Mortgages, Homes & Bills
- 179K Life & Family
- 263.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards