Difference between revisions of "Conservative Party Foundation"
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The Conservative Party Foundation is a fundraising enterprise managed by the [[Conservative Party]] which was established in 2005 and officially launched by [[Margaret Thatcher|Lady Thatcher]] and Sir [[John Major]] in May 2009 to 'support the Conservative Party financially in the long-term'. | The Conservative Party Foundation is a fundraising enterprise managed by the [[Conservative Party]] which was established in 2005 and officially launched by [[Margaret Thatcher|Lady Thatcher]] and Sir [[John Major]] in May 2009 to 'support the Conservative Party financially in the long-term'. | ||
| − | It was set-up to receive legacies free of inheritance tax. While an integral part of the Conservative family, the Foundation is a separate company with an independent Board of Directors. | + | It was set-up to receive legacies free of inheritance tax. While an integral part of the Conservative family, the Foundation is a separate company with an independent Board of Directors. |
| − | :The capital raised by the Foundation is placed in an endowment fund. This means that Benefactors' gifts are ring-fenced and remain forever for the benefit of the Party. | + | :The capital raised by the Foundation is placed in an endowment fund. This means that Benefactors' gifts are ring-fenced and remain forever for the benefit of the Party.<ref>Conservative Party Foundation, [http://www.theconservativefoundation.co.uk/index.php?page=who Home Page], ''The Conservative Party Foundation'', Accessed 27-June-2010 and March 2012</ref> |
Revision as of 21:32, 27 March 2012
The Conservative Party Foundation is a fundraising enterprise managed by the Conservative Party which was established in 2005 and officially launched by Lady Thatcher and Sir John Major in May 2009 to 'support the Conservative Party financially in the long-term'.
It was set-up to receive legacies free of inheritance tax. While an integral part of the Conservative family, the Foundation is a separate company with an independent Board of Directors.
- The capital raised by the Foundation is placed in an endowment fund. This means that Benefactors' gifts are ring-fenced and remain forever for the benefit of the Party.[1]
Board
- The Foundation's Board of Directors are responsible for managing and appropriately investing the fund. The capital can only be given to the Party in a controlled way, especially to support it during election periods.
Lord Hesketh (Chairman), Mark Bamford, Andrew Feldman, Stanley Fink, George Magan, Lord Saatchi, Lord Sainsbury of Preston Candover, The Marquess of Salisbury, Michael Spencer (Conservative Party Treasurer)
Organisations
The following organisations are endorsed by the Conservative Party Foundation according to their website:[2]
Adam Smith Institute | Association of Conservative Clubs | Atlantic Bridge | Atlantic Partnership | Bluelist | Bow Group | Bruges Group | C-Change | Centre for Policy Studies | Centre for Social Justice | Civitas | Conservative Animal Welfare Group | Conservative Christian Fellowship | Conservative Disability Group | Conservative Foreign & Commonwealth Council | Conservative Friends of Israel |Conservative Group for Europe | Conservative History Group | Conservative Medical Society | Conservative Muslim Forum | Conservative National Education Society | Conservative National Property Advisory Committee | Conservative Party Archive | Conservative Political Officers Network | Conservative Rural Action Group | Conservative Technology Forum | Conservative Transport Group | Conservative Way Forward | ConservativeHome | Conservatives at Work | Direct Democracy | Enterprise Forum | European Foundation | Gibraltar Conservatives | Globalisation Institute | Institute for Fiscal Studies | Institute of Economic Affairs | International Democrat Union | International Young Democrat Union | Margaret Thatcher Foundation | Open Europe | Party Election Manifestos | Policy Exchange | Politeia | Reform | Selsdon Group | Social Market Foundation | Society of Conservative Lawyers | Stockholm Network | Taxpayers' Alliance | Tories for Older People | Tory Reform Group | Tory radio | Wave Network | Women2Win
