Charitable trust needs new trustees
Shetland Charitable Trust is looking for two new appointee-trustees.
There are vacancies to join the seven councillor- and six appointee-trustees on the 15-member trust.
Until two years ago the trust comprised all councillors, along with two appointee-trustees, but now has a majority of appointees.
The charitable trust, one of the biggest in Scotland, spends more than £10 million a year for the benefit of those in Shetland, including social care and welfare, the arts, sport, the environment and heritage.
The two new trustees, to be appointed by an independently-chaired interview panel, will be expected to take part in decisions on all aspects of trust business, from investments to charitable disbursements.
Shetland Charitable Trust’s chief executive, Ann Black, said: “We hope to attract a high level of interest for these posts, which are of crucial importance to our community.”
Trust vice-chairman Jonathan Wills, said: “We have funded, and will continue to support, a wide range of good causes across Shetland, using income from the investments we manage.
“Our new trustees will be public-spirited people with local knowledge and broad experience, willing to work with other trustees for the benefit of their fellow islanders. The work is unpaid but the job satisfaction is high.”
Dr Wills added: “Anyone who’d like to discuss applying to be a trustee, and would like to know more about what it involves, is cordially invited to phone Edna Mainland at the trust offices. She’ll make them an appointment for a chat with me or Ann Black. The phone number is 01595 744994.”
The trust is an independent charitable organisation, originally set up in 1976 to manage income from the Sullom Voe oil terminal on behalf of the Shetland community. These “disturbance payments” from the oil industry stopped in 2000.
The trust’s only source of income is the return on its investments. Its funds are worth about £215m, with about £192m invested on the world’s markets and £23m in the local economy.