# Wood Family Trust to support developing countries and young people

- Link: https://fundraising.co.uk/2007/09/13/wood-family-trust-support-developing-countries-and-young-people/
- Published: 2007-09-13T23:00:00+01:00
- Author: Howard Lake

**The Wood Family Trust was launched today with plans to invest £50m over the next
five to 10 years in charitable activities to improve economic activity and livelihoods
in developing countries, and help the development of young people in Scotland and
the rest of the UK.**

Launched by the Wood Family, including Sir Ian Wood and Lady Helen Wood, the trust
will focus on three specific areas.

 * To facilitate and support schemes of self-help and lifelihood development in 
   developing countries. It will look particularly at encouraging long term solutions
   to poverty, disease, famine and social deprivation, through, for example, supporting
   sustainable agriculture and fisheries, enterprice and business development. This
   will take up around three-quarters of the annual investment.
 * It will encourage young people in the UK to volunteer overseas and broaden their
   horizons.
 * It will promote achievement, well-being, education, employability and career 
   potential of young people in Scotland, with a focus on the vulnerable.

Sir Ian Wood said: The family has planned this charitable trust for a long time.
There is a huge imbalance between the ‘haves’ and ‘have nots’ around the world, 
and globalisation, which the Wood Group has embraced, must also mean acceptance 
of responsibility to improve the economic well-being and livelihood of the many 
very poor nations. Additionally, we would like to encourage the young people in 
Scotland and the UK to maximise their potential.

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Applications to the trust vary for the three investment programmes. The Livelihood
in Developing Countries programme will be by invitation only, but the other two 
programmes will be an open application process based on a two-stage approach. All
guidelines are on the trust’s website.

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