Registered
Public benefits
The common investment fund operates for the benefit of the participating charities as specified in the scheme. The benefits are demonstrated through the participating charities as they achieve their chartable purposes. There is no harm arising from the purposes. The beneficiaries are the participating charities connected with the Presbyterian
Church in Ireland. There is no private benefit flowing from the purposes.
... [more] [less]What your organisation does
The General Investment Fund is a common investment fund in which charities connected with the Presbyterian Church in Ireland can invest. The Fund receives "property" mainly money from the participating charities which is then invested by the Fund in a range of investments including equities, gilts, bonds etc. The Fund receives the dividends on
these investments and twice yearly pays a dividend to the participating charities in accordance with the rules of the scheme. This income in turn is used by the participating charities to achieve their charitable purpose being the advancement of religion.
... [more] [less]The charity’s classifications
- The advancement of religion
Who the charity helps
- Voluntary and community sector
How the charity works
- Religious activities