A LAW firm and a charity have joined forces to launch a charitable fund to help west Dorset organisations. Kitson & Trotman and Dorset Community Foundation – the county’s primary organisation for raising and distributing funding and grant-making to good causes – have established the fund. Local registered charities as well as community groups are able to apply for grants of up to £5,000 through the foundation’s existing neighbourhood funding programme, which will be used to distribute the Kitson & Trotman funding. Jon Yates, Dorset Community Foundation’s chief executive, said: “We are very pleased to be working with another local responsible business who wants to give back to their local community and achieve real impact on their doorstep.” Law firms across the country are often left with unclaimed client balances. This can occur where all steps to find the whereabouts of a potential beneficiary of an historical trust fund have been unsuccessful due, perhaps, to the beneficiary losing contact with family/friends and even moving abroad. Sometimes funds are actually never claimed by the beneficiary. Once all avenues are exhausted, firms can pass these unclaimed client balances to a charity which provides the firm with an indemnity to repay the funds… Read full this story
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