Documents 86 days overdue
Overdue: 86 days
- Charity no. 101080
- Date registered. 09/12/2014
Public benefits
The O'Laverty Trust is over a 100 years old and although it is narrow in definition it provides a public benefit to a section of the public. This flows from the charity's purpose which is to provide financial assistance to catholic boys from 11-23 with a particular surname. This is directly achieved through the advancement of education of the
beneficiaries through the payment of grants. These grants of between £500-£1000 per annum are means tested so the most disadvantaged receive the greatest benefit. This may be because they come from a single parent family or both parents are unemployed or in lowly paid employment. The grants provide the beneficiaries with an opportunity they may have to forgo due to the financial burden it imposes. The grants help discharge university fees , training course fees, accommodation or transport costs or boarding fees. The benefit is also evaluated through the requirement to not only complete a detailed application form but also to provide details of academic progress. As most applicants apply on a yearly basis progress is monitored and indeed rewarded. There is also regular feedback from parents and the applicants themselves as success is achieved. This in turn enhances an applicants long term prospects of employment and contributing to the community. It instils into applicants an appreciation and a willingness to help others as they have been. The incidental benefit is to the Trustee themselves as their knowledge and skills are enhanced through governance, finance, prioritising applications and empathy. All of these skill are transferrable to their own pastoral vocation.
What your organisation does
The O'Laverty Trust provides financial assistance to the support and education of catholic boys aged from 11-23 with the surnames of either Laverty, O'Laverty, Lafferty or O'Lafferty to enable them to achieve a trade or profession. This is achieved through the distribution of income from investments on an annual basis which were provided under
the will of the late Monsignor James O'Laverty. (1906) Application is made and is means tested. It is supported by academic or vocational reports and as most applicants apply each year this is monitored by the Trustees.
The charity’s classifications
- The prevention or relief of poverty
- The advancement of education
Who the charity helps
- Youth (14-25 year olds)
How the charity works
- Grant making