Farnham South Street Trust

1. Cllr Evans recorded non-pecuniary interests as being the FTC representative to the Maltings Council and the Hale Community Centre.

2. Cllr Beaman recorded an interest as being a Trustee of Creative Response

3. Cllr Martin declared at interest as being the FTC representative for the New Ashgate Gallery

Cllr Brian Edmonds.

To agree the minutes of the meeting held on Thursday 23 January 2020 at Appendix A.

The Minutes of the previous meeting were agreed.

To consider applications received for funding for the financial year from 1^st April 2021 attached at Appendix D.

Officers have made preliminary allocations based on the Trust criteria. Applicants must use the funding on Art and Allied subjects in accordance with the Trust Deed. Allocations are scaled down if a significant proportion of the beneficiaries are outside the Trust Deed beneficial area.

The Trustee is asked to determine if any adjustments should be made.

Given the number of applicants, a second round of applications could be considered during the 2021 calendar year once the Covid-19 restrictions are lifted.

The Trustees reviewed and agreed the grant allocations proposed for 2021/22, attached at Annex 1, amounting to £9,600, noting that this was below the sum available for distribution from interest on the endowment funds and would consider further applications during the year as appropriate.

The date of the next meeting will be confirmed in due course.

The date of the next meeting would be scheduled in due course.