# Grant-making Trusts in Jersey – just what are "Jersey Foundations"?

- Link: https://fundraising.co.uk/2009/06/24/grantmaking-trusts-jersey-just-what-are-quotjersey-foundationsquot/
- Published: 2009-06-24T16:49:59+01:00
- Author: Finbar Cullen

Third Sector has just reported that a new model is being introduced in Jersey, which
will allow philanthropists to establish private foundations, without Charity Commission
regulation. It’s great to see that something is happening with regard to charity
registration in Jersey, but, when I look into this further, I find this development
a little worrying.

 

The Jersey Foundation may be used for charitable and non-charitable purposes. Some
common uses for the Jersey Foundation are private wealth management, as well as 
charitable purposes. This reminds me of what Chris Carnie said at the first Researchers
in Fundraising conference that I attended many years ago – that in some parts of
Europe, Foundations were sometimes established as tax efficient vehicles for wealthy
people. Approximately ten years later, this is being introduced in the Channel Islands.
Is that progress, at all? It remains to be seen how useful this development will
be for fundraisers and researchers.

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The “Jersey Foundation” requires a charter and regulations. The Charter is a public
document setting out the name and objects of the Foundation. The Regulations are
private and set out how the assets are to be administered and how the Foundations’
objects are to be achieved. Apparently Jersey Foundations will be registered with
the Registrar of Companies in Jersey.

 

I suspect that the [ Association of Jersey Charities](https://fundraising.co.uk/2009/06/24/grantmaking-trusts-jersey-just-what-are-quotjersey-foundationsquot/”http://www.thisisjersey.co.uk/ajc/code/ajcpage.pl?Autoincrement=000001/”)
will remain an essential resource for researching charities in Jersey for some time
yet.

Finbar Cullen

Research**Plus**

 

 * **[Office for National Statistics – survey on household wealth in Britain](https://fundraising.co.uk/2009/12/15/office-national-statistics-survey-household-wealth-britain/)**(
   15 December 2009)
 * **[State of Jersey has helped 1 million people through Plan UK](https://fundraising.co.uk/2014/10/27/state-jersey-helped-1m-people-plan-uk/)**(
   27 October 2014)
 * **[Jersey Overseas Aid grants nearly £1 million to Plan International UK](https://fundraising.co.uk/2017/04/18/jersey-overseas-aid-grants-nearly-1m-plan-international-uk/)**(
   18 April 2017)