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2024-03-31-annual-report

Magill Family Charitable Trust

Charitable status granted by the Charities’ Commission for Northern Ireland (20 January 2023: NIC 109328)

Trustees First Annual Report to the CCNI for the Period from 1 April 2023 to 31 March 2024

INTRODUCTION

The Magill Family Charitable Trust (MFCT) was established by a trust deed on 12 September 2022 to embody the charitable vision and values of David and Joan Magill and received charitable status with the CCNI on 20 January 2023. The Trust supports local charitable activities aimed at reducing inequality, improving health and quality of life and promoting reconciliation. It operates exclusively as a grant-making entity, funded by donations from the Magill Family. The Trust is proactive and does not invite open funding applications. Instead, it identifies partner organisations and individuals capable of delivering projects and services aligned with its charitable objectives. All of our funding partners make a difference and bring about positive change in peoples' lives. We conduct written and face to face evaluations with our grant partners and where appropriate meet directly with individuals who have benefitted from the activities delivered by our grant partners to ensure the maximum impact from our funding.

The MFCT is a member of the Funders Forum for NI and also engages in discussions with other family charitable trusts to help to inform future planning. This report covers a 12 month period 1 April 2023 to 31 March 2024 and is the first annual report to the CCNI covering the first full 12 month period of our Trust’s operation. The MFCT made grants totalling £94,705 in this period providing assistance to a total of 16 organisations.

PUBLIC BENEFIT

In setting objectives and planning charitable work, the Trustees adhered to the guidance issued by the Charity Commission for Northern Ireland under section 4(b) of the Charities Act (Northern Ireland) 2008, known as the public benefit requirement statutory guidance.

AIMS, OBJECTIVES, AND ACTIVITIES

Charitable Objects The charity's activities revolve around five main areas:

ACHIEVEMENTS AND PERFORMANCE

Prevention or Relief of Poverty

Assistance of Those Suffering from Mental or Physical Illness

Advancement of Conflict Resolution, Peace, and Reconciliation

Promotion of Social Inclusion

Promotion of Healthy Recreation and Amateur Sport

FINANCIAL REVIEW

A summary of the results for the reporting period is available as part of this report and accounts.

STRUCTURE, GOVERNANCE, AND MANAGEMENT

Governing Document The charity is governed by a trust deed dated 12th September 2022.

Trustees In accordance with the trust deed, there shall be a minimum and maximum number of trustees. As a family trust financed by the Magill family, the majority of the appointed trustees are Magill family members or related to Magill family members. The chairman is an independent trustee selected for his personal qualities, experience in the proper operation of charities, and his past collaboration with the late David Magill in charitable activities.

Organisational Structure The trustees hold ultimate responsibility for the policies, activities, and assets of the charity. They meet regularly to review developments and seek advice from professional advisors when necessary.

Risk Management and Avoidance of Harm

Trustees

Mr Paul Shevlin Chair Mrs Joan Magill Founder/Settlor Ms Joanne Magill Ms Denise Magill Mr Patrick Murray Mr John Leo McGurk

Address 82a Stranmillis Road, Belfast BT9 5AD Auditors MB McGrady and Co Accountants Suite 2B, Cadogan House, 322 Lisburn Rd, Belfast BT9 6GH