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The Administration of the 'Melvyn Taylor Memorial Fund'.
2 The objects of the Fund are that the proceeds of an appeal be used by the Committee of Glasson Sailing Club to provide facilities for sailing training as a recreational and leisure time activity in order to improve the conditions of life of young people. 'Young people' are defined as persons of either sex who have not yet reached their 22nd birthday. 3 The proceeds of the appeal shall be invested as the Committee of Glasson Sailing Club thinks fit. The interest from the investment shall be used to assist young people meet the cost of sailing training activities and courses. Any activity chosen by the recipient will be eligible provided - a) It is concerned with sailing. 4 If the number of applicants exceeds the funds available in any one year selection is to be made by the Committee of Glasson Sailing Club. They should be guided by the following criteria - a) active participation in sailing activities Financial need may also be taken into consideration. 5 The number and the amount of the awards in any one year is to be such that the awards to individuals are a significant contribution towards the cost, but do not exceed two-thirds of the cost, of the selected course. 6 During October and/or November of each year information about the fund shall be publicised in the local press, and circularised among local educational bodies and youth organisations. Applications for grants are to be made in writing to the Club Secretary. Applications received by 31st December shall be considered by the next committee meeting thereafter, and awards notified. Applications received after 31st December may be considered later, but those received before this date are to take precedence. 7 Responsibility for applying for and securing places on the course of the applicants choice rests with the applicant. Payment will be made by the club in the form of a crossed cheque made out to the course of activity organiser. 8 Recipients of grants shall be urged, in recognition of the opportunity presented by the award, to consider what contribution they can make to sailing thereafter, for instance in services to a sailing club or in teaching others to sail. However, no definite undertaking is to be required. 9 In the event of the Fund having, for any reason, to be wound up all
assets remaining after payment of due debts and liabilities shall be applied
to whatever charitable purposes the Committee at that time thinks fit,
provided that it is primarily concerned with the improvement of standards
of sailing and seamanship among young people. |
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2007 Programme |
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