23 July 2024
Ilminster family transfers their Charitable Trust to Somerset Community Foundation
The Trustees of The Gooch Charitable Trust (Ilminster) have decided to transfer stewardship and administration of the Trust to Somerset Community Foundation (SCF), ensuring the future of the funds and the positive impact on the Ilminster community will last for generations to come.
Heather Virgin explains: “My father, Archie Gooch, along with Les Housego, had been evacuated from London to work at Standard Telephones and Cables. There he met his wife, my mother Nancy, and settled in Ilminster. Archie and Les set up their business Gooch and Housego (G&H) after the war in 1948. G&H grew rapidly and was eventually floated on the AIM stock market.”
Archie, a respected and active member of the community, wanted to show his appreciation to the town where he set up his business all those years ago. Heather continues: “My father decided that he wanted to give something back to the community that had supported and welcomed him all those years ago, and so we set up The Gooch Charitable Trust (Ilminster) in 1998.”
In 2024, Heather and fellow Trustees decided to transfer stewardship of the Trust to Somerset Community Foundation to make the administration of the Trust as efficient as possible and ensure the funds go further in their intended purpose of positively impacting the Ilminster community.
Kelly Hall, Philanthropy Director at SCF, said: “It’s been an absolute pleasure working with the Trustees of the Gooch Charitable Trust on this Trust transfer process. It’s just wonderful that they’ve considered so carefully the future of the charity and proactively sought a solution that will ensure these funds can continue benefitting the Ilminster community for generations to come.
“I’m so pleased that the Trustees will remain involved in the Fund now that it’s managed by SCF, and we very much look forward to making the first grants.
“Local charitable trusts are an invaluable source of funding for our communities. But running a Charitable Trust means a great deal of administrative and regulatory responsibility. Trying to make sure funds are spent efficiently and ensuring they make the biggest difference possible can often be challenging – and that’s where we can help. By transferring a Trust to SCF, Trustees can ensure their charity can continue to carry out its objectives for many years to come.”
In line with Archie’s wishes, money is set aside each year for the repair and upkeep of the fabric of St. Mary’s Church, Ilminster, with all other funds then made available for wider user in Ilminster. Any community groups or charities benefitting Ilminster residents can find out more about applying for a grant (money that does not need to be paid back) from this Fund by visiting: https://www.somersetcf.org.uk/grants-funding/details/the-gooch-charitable-fund/
Somerset Community Foundation is a grant-making charity that helps build strong communities where everyone can thrive. We do this by funding local charities and facilitating local giving.
They provide simple, rewarding and impactful ways for donors to give locally, guided by research and their unrivalled local knowledge.
For small, local charities, community groups and social enterprises, they provide vital funding and support to help their organisations flourish. SCF provide over £4 million of funding to local groups every year.
By inspiring local giving and funding social action, they support local communities to drive change and realise their dreams.
Photo Caption: Archie Gooch proudly displays his MBE which was presented to him by the late Queen Elizabeth II. Pictured (L-R) with his granddaughter Katie, wife Nancy, and daughter Heather at Buckingham Palace in 1999.