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CH: Setting Up A Fund
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tuffkat
Posts: 27 Forumite
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/official 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?
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/official 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?
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