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Last update: Thursday July 12, 2007 15:56
Applications for Grants by the John Robinson Youth Chess Trust are invited.
They should be addressed to Cynthia Gurney at the ECF Office at The Watch Oak,
Chain Lane, Battle, East Sussex TN33 0YD () and must meet the criteria for the Trust "to advance education by
providing or assisting in the provision of facilities for the teaching development
and supervision of the playing of chess amongst persons under the age of twenty
one years resident in England or eligible to represent England at Chess who
are or may be interested in chess and by students attending schools universities
and other educational establishments in England."
The Trust was created following the death of John Robinson on 1st February 2006.
In his Will dated 14th February 1996 he left substantial bequests to the British
Chess Federation. These were a one third share in his home in Kettering and
91% of his residuary estate. He expressed the wish that approximately £10,000
be used each year for promoting and endowing the British Chess Championships.
The Council of the British Chess Federation on 24th June 2006 agreed to establish a Charitable Trust to receive 79% of the residuary estate on the basis that the capital of the Trust should be maintained and only income spent. The Trustees of the Trust are Gerry Walsh, David Welch, Cynthia Gurney and David Anderton.
The remaining 12% of the residuary estate and the one third share in the home in Kettering were paid to the Trustees of the Permanent Invested Fund of the British Chess Federation on the understanding that the income stream from these funds would be used to promote the British Championships. The amount received by the Permanent Invested Fund was £136,267.42 and the annual income from the same is estimated to be of the order of £5,000 per annum.
The amount received by the Trust was £556,329.72 in respect of capital and income accrued during the administration of the estate.
The Trust was entered in the Central Register of Charities with effect from 24th November 2006 under No 111698 and HM Revenue and Customs have accepted that the Trust is a charity for tax purposes. Smith & Williamson Investment Management have been appointed as Investment Managers. In practice the Trustees seek the advice of the English Chess Federation on all major grants.
The annual income of the Trust is anticipated to be of the order of £23,000 per annum.
| Expenditure and Commitments by the Trustees to July 2007: | £ |
| 1. A Grant to the British Chess Championships 2007 | 8,000 |
| 2. Grants for Junior Coaching and Training | 14,770 |
| 3. The establishment of the ECF John Robinson Fellowship | 2,000 per annum |
| 4 The establishment of a Junior Grand Prix | 2,000 per annum |
| 5. A Grant to the Match Young England v Middlesex | 2,000 |
| 6. A Grant to the Quadrangular Match in Liverpool | 4,000 |
| 7. A Grant for Hastings 2007/8 | 2,000 |
| 8. Individual Grants | 2,800 |
| 9. Other Grants/ Guarantees | 3,300 |
| Total | 40,870 |
Players assisted by the Trust include Gawain Jones, David Howell and Stephen
Gordon.
The Trustees would welcome donations to the Trust either inter vivos or by will
and would be pleased to enter into a dialogue with potential donors.
ENDS
The paper approved by the Council of the British Chess Federation agreeing to establish the Trust, and the Deed of Variation of the Will which establishes the Charitable Trust, are available on the ECF website www.englishchess.org.uk/organisation/general