YACWAG welcomes receiving bequests and donations from members of the public or commercial firms which are in the best interests of the Charity to support its aims and objectives. Such bequests or donations would generally be in the form of moneys or land.
Before accepting any donations YACWAG should take all reasonable steps to ensure that the funds are not derived from activities that was, or is, illegal, nor would result in reputational risk to the Charity.
If there are conditions applying to any bequests or donations they should be adhered to unless such conditions are contrary to the requirements of YACWAG’s Constitution. For example, a condition that states that the moneys should be utilised to purchase land beyond the Parish boundaries of Yatton and Congresbury would be in breach of YACWAG’s Constitution. Any bequest or donation with a condition that breaches YACWAG’s Constitution must not be accepted.
If a will, under which YACWAG is a beneficiary, is contested YACWAG will take a neutral position in any legal proceedings.
Where a bequest or donation is in the form of land YACWAG should ensure that the legal costs of the transfer of ownership be borne by the estate / donor where possible. If YACWAG receives an approach from a person interested in bequeathing land to YACWAG it should be made clear that their estate should bear any legal costs of the transfer.
The Secretary will bring bequests and donations to the attention of the ex officio officers who will review the acceptability of them against the above conditions. The Secretary will then bring the issue to the attention of the Executive Committee and, where necessary, the acceptance will be determined by a majority vote.
Date Approved: October 2024
Next Review: October 2027