Charity and VCS support Charities That specialise in Financial investment

Manages funds in CCLA Investment funds and a COIF Charities Deposit fund, dividends and income being used for funding requests from Swaffham Prior Church of England School to help with extra items / activities for the benefit of the pupils.

With permission from the Charity Commission the land was sold in January / February 2011 for ?54,192.85 (net after Professional Fees). The proceeds have been invested in to COIF Charities Fixed Interest Fund - Income Units. Income from this investment is ?1,466.54 and interest on the Bank Account ?26.29 giving a total of ?1,492.83. Proceeds will be used for the benefit of Hornton School.

Collect rent from 14 acres of grass land and distribute this plus a little income from COIF investments to 10 local parishes for a need within the parishes.

Distribution of interest earned on COIF to recipients

The Richard Coffin Gift was intended for the poor of the parish of Alwington. Dividends from the COIF charity funds held by CCLA Investment Management Ltd are the only income we receive and our intention is to support our local school or anyone else in the parish who falls upon hard times.

Income via COIF 271.24 units. Expenditure usually allocated at annual meeting.

Distribution of interest from COIF

In this small village any disbursement is confined to residents and limited by the bank balance and the value of the COIF Shares. It is hoped by the three trustees that any help would be of value, both practically and as a comfort.

No longer in operation (used to relate to dividend income from COIF shares which have now been sold).

The Charity was established under a Charity Commission scheme on 4 November 1997 to permit the creation of a new Common Investment Fund, with the RSPCA as Trustee. No steps were taken to establish this fund in the financial year ending 31 December 2013.