Purpose

The Assembly will be asked to approve
proposals relating to the re-activation of the Uphill and Waters
Education Foundation, which has been inactive for many years, in
order that the dormant trust fund can be used to support young
people’s education in the borough.

Content

The Assembly will be asked to approve
proposals relating to the re-activation of the Uphill and Waters
Education Foundation, which has been inactive for many years, in
order that the dormant trust fund can be used to support young
people’s education in the borough.

The Cabinet Member for Educational Attainment
& School Improvement presented the report on the reactivation
of Uphill and Waters Education Foundation.
 
The Council was seeking to re-activate a
dormant trust fund that could be used to support young
people’s education and entry into employment in the
borough.  The Uphill and Waters
Education Foundation had been inactive for many years.  Reactivation of the Foundation according to the
terms laid out in its constitution will enable it to work with the
Council to continue to provide resources for young people.
 
The Foundation would also allow the Council to
build on the work that had begun through use of the Colin Pond
Trust over the past three years, which had already had a
demonstrable impact on retaining our schools’ top performing
GCSE students at in-borough institutions.  Approximately £90,000 was available, which
would be invested in order to sustain the fund over many years.
 
The Assembly resolved to:
 
(i)  Support the proposal
to reactive the Uphill and Waters Educational Foundation to provide
additional resources to disadvantaged young people in the
Borough;
 
(ii)  Appoint Councillors
Kangethe and Jones and Jane Hargreaves, Commissioning Director,
Education, to serve as Council-appointed Trustees to the
Foundation;
 
(iii)  Note that the London
Borough of Redbridge shall be asked to appoint a Redbridge
Councillor as a Trustee to the Foundation; and
 
(iv)  Delegate authority to the
Commissioning Director, Education, to appoint a member of the local
clergy as the ex-officio Trustee to the Foundation.