Mary Chalmers Charitable Trust

About

The Charity is set up to hold the Trust Fund and to apply the income thereon for charitable purposes by paying grants to the charities named in the Trust Deed. The Trust Deed names specific charities such as The Grampian Society for the Blind (now known as North-East Sensory Services), The Aberdeen Branch of the Royal National Lifeboat Institution and The Aberdeen Branch of the Salvation Army. These are the three charities that the Trust makes annual donations to. The Trustees may consider other charities whose objectives are similar to the named charities and pay grants to them at their discretion. In order to generate income the Trustees have invested the Trust Fund in an investment portfolio managed by Brewin Dolphin. Annual grants are made to the named charities from the net free income arising from the investments.

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