OpenCharities

Waterfall Fund

Country
Scotland
Charity number
SC045361
Status
Active
Registered
Jan. 20, 2015
Legal form
SCIO (Scottish Charitable Incorporated Organisation)

Address

Address
An Roth Community Enterprise Centre
Craignure
Isle of Mull
PA65 6AY

Contact

Activities

'It makes grants, donations, loans, gifts or pensions to individuals','It makes grants, donations or gifts to organisations'

'the prevention or relief of poverty','the advancement of education','the advancement of religion','the advancement of health','the advancement of citizenship or community development','the advancement of the arts, heritage, culture or science','the advancement of public participation in sport','the provision of recreational facilities, or the organisation of recreational activities, with the object of improving the conditions of life for the persons for whom the facilities or activities are primarily intended','the advancement of environmental protection or improvement','the relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage'

The Waterfall Fund was established as an independent charity by Mull & Iona Community Trust (MICT) in 2015 specifically to receive the net profits from the Garmony Hydro Scheme and to distribute them as grants to community projects on the islands of Mull, Iona and the surrounding small islands, in a fair, open and transparent manner.

Beneficiaries: 'No specific group, or for the benefit of the community'

Objectives: 4.1 The prevention or relief of poverty 4.2 The advancement of education 4.3 The advancement of religion 4.4 The advancement of health 4.5 The advancement of citizenship or community development 4.6 The advancement of the arts, heritage, culture or science 4.7 The advancement of public participation in sport 4.8 The provision of recreational facilities, or the organisation of recreational activities with the object of improving the conditions of life for the persons for whom the facilities or activities are primarily intended 4.9 The advancement of environmental protection or improvement 4.10 The relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage

Geography

Main operating location
Argyll And Bute
Geographical spread
Wider, but within one local authority area

Finances

Period end Income Expenditure
Jan. 31, 2025 £214,830 £138,710
Jan. 31, 2024 £113,924 £112,073
Jan. 31, 2023 £113,422 £90,136
Jan. 31, 2022 £52,722 £61,485
Jan. 31, 2021 £113,422 £90,136