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That the proposed Investment and Fund Strategy
for 2025/26 for the Monmouthshire Farm School Endowment Trust Fund
as set by the Trust be endorsed (Appendix 1).
 
To note that the Monmouthshire Farm School
Trust Board determined the 2025/26 grant allocation for the year in
July 2024. However, this is reviewed at every meeting to ensure
that the grants offered do not exceed previous years’
investment return at the end of March 2025, and any under spends
carried forward from the 2024/25 grant allocation, to avoid eroding
the overall fund.
 
That the proposed Investment and Fund Strategy
for 2025/26 for the Welsh Church Fund be approved. (Appendix
3).
 
To delegate responsibility for the execution
and administration of treasury management decisions to the Chief
Officer for Resources who will act in accordance with the
Investment and Funds Strategy.
 
To approve the 2025/26 grant allocation to
Local Authority beneficiaries to the Monmouthshire Welsh Church Act
Fund of £225,000 which is to be distributed in accordance
with population data in the draft Local Government Settlement
2025/26.
 
To endorse the policy that Monmouthshire
County Council (as the Welsh Church Fund Trustee) ensures that the
constituent councils that benefit from grant distributions, ensure
that grants allocated are in line with charitable objects of the
fund and that this fact is advertised on their Authority’s
website.
 
To endorse the Welsh Church Fund Principles,
Policy Considerations and Grant Allocation Criteria for 2025/26
(Appendix 5) as considered and approved by the Welsh Church Fund
Committee in February 2025.