Welcome to our Professional Advisors e-newsletter
Registered charity County Durham Foundation
is the ideal vehicle for people who are looking to
put something back into the communities in which they
have lived and worked. Unlike other charities, we
have the flexibility to support a wide range of good
causes from children to the elderly, from the arts
to the environment. Uniquely, we look to match the
interests of our supporters with the needs of the
community, and to offer donors a say in how their
gift is used.
Our long-term endowment funds are perfect for legacies,
as they guarantee how
the money will be used. Support is given each year
in the name of the fund and we manage all investment,
accounting and legal requirements. This is the easiest,
most effective way to ensure that your clients charitable
bequests will support future generations.
Barbara and David
Watson leave substantial legacy
Barbara and David Watson
wanted to make a real difference to the next
generation of people in County
Durham
and Darlington. They decided to work
with County Durham Foundation to leave a residual
legacy so that the majority of their estate
will be used to help young people achieve success
in music, drama and the arts; an area that they
both care about deeply.
At first it was David’s idea to leave
a legacy to the Foundation, but Barbara was persuaded
when she visited a showcase celebratory weekend
arranged as part of the Foundation's 10th Anniversary
celebrations. As she explained," We were bowled
over by the range and quality of the people who
received financial help from County Durham Foundation.
The sheer hard work put in by local volunteers was
astounding. We realised that we could achieve a
lot, with the help of the Foundation, and that in
the future perhaps our support may inspire
a budding opera star, musician or actor to
make the most of their talent." David adds, "We
could not do this on our own, and we wanted the
added security of knowing that our money would be
in safe hands not just today but in 50 years time".
Educated in Sunderland, David enjoyed a successful career
as an Accountant with both British Rail and then
Northumbrian Water.
His last role was as Company Secretary of the Northumbrian
Water Group plc. Whilst with Northumbrian Water,
David was introduced to the concept of community
foundations. He quickly became a fan of the idea
of people helping local good causes, ensuring
that support goes to where it is needed most
with the help of the professional staff at the Foundation.
By setting up an endowment fund with their legacy,
they will also guarantee that their wishes will
be carried out just as they would wish long into
the future.
Now retired, David and Barbara spend
their time playing golf, swimming, travelling and
participating in amateur dramatics whilst David
has a particular interest in model railways.
Visit
the legacy area of our website
About Us
.
