What is the Eric Twiname Trust?

The Trust was set up in an informal way in 1980 by Eric's father Alec, in order to perpetuate Eric’s memory and to enable his many and diverse sailing interests to continue. At first the Trust responded to calls for funding from many areas, including round the world yachtsmen, disabled sailors and Olympic campaigns, Alec paying the grants out of his own pocket.

However, a more formal approach emerged with the formation in 1991 of a Charitable Trust, with the concentration on youth sailing, and especially on racing. Alec Twiname settled an amount of capital to the Trust, which was invested to provide a steady annual income. Since 1980 the Trust has provided over £500,000 for deserving causes.

Alec died in 1996 and his widow, Hazel, now heads the Trust as its Patron. The finances of the Trust and the designation of funds are run by a small team of Trustees, most of whom are keen sailors, and all good friends of the Twiname family. Overheads are minimal and the income from the capital is always put to optimum effect. Additional revenue is derived from fundraising events (such as talks given by the Trustees) and private donations.

The Eric Twiname Memorial Trust P.O. Box 2, Bordon, Hampshire, GU35 9JX
Tel: 01420 472293
E Mail: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Registered Charity 1002313

Trustees:
Hazel Twiname (Patron)
Bruce Aitken (Chairman)
Jim Kirkpatrick
John Reed
Duncan Truswell
Peter Whipp
Bryan Willis

 

ANNUAL REPORT 2008

(as submitted to the Charity Commissioners)

 

Our major expenditure continues to be the provision and maintenance of coaching/support motor boats for the recognised National Youth Classes and our 2008 costs totalled £16,956.  These boats provide invaluable support for the 9 Classes and are in constant use throughout the year.   Each outfit consists of a 5 metre Rigid Inflatable ("RIB") powered by a 50hp 4-stroke outboard motor, complete with a road trailer.   The RIBs are replaced on a rolling programme, normally at the rate of one per year, and this year it was the turn of the Cadet Class.   (Note: 2007 costs were considerably greater than this year's;  this is because two new outfits were purchased during that year, due to the introduction of a new Youth Class.)   

 We also continued to support our two major flagship events:

-    £7,500 was donated towards the running costs of  The Eric Twiname National Junior Dinghy Racing Finals, run by the Royal Yachting Association and traditionally held at Rutland Water Sailing Club.  This year the event, held over the weekend of 11/12 May, attracted an entry of  270 boats - 340 competitors, all aged between eight and fifteen -  representing the various regional areas.  Despite a lack of wind on the first day, the event was a huge success and also provided a high profile for the Trust. 

-    £5,000 was donated towards the running costs of the Eric Twiname Junior (under 16s)  and Youth (under 19s) Team Racing Championships.  Run by the Royal Yachting Association, this joint event was held at Farmoor Reservoir near Oxford over the weekend of 8/9 November.  50 teams were entered from Clubs, Class Associations, Schools and RYA National and Zone Squads.  The Race Management did a magnificent job under very challenging weather conditions to provide a successful and popular event.  Again the contributions of the Trust were much in evidence with many of our funded dinghies and RIBs  on the water, and our computer monitors displaying the results.

 £2,170 went to provide bursaries for disadvantaged youngsters in the Optimist beginners' sailing courses at Papercourt Sailing Club.  A bursary of £300 was given to the top Under-16 team at the National Schools Sailing Association Team Racing Championships to help them attend the Team Racing Finals.      Funding was given to the following clubs:  £346 to Hamble River Sailing Club towards the cost of a new set of Firefly sails, and  £1,350 to Wormit Boat Club towards the cost of a second hand Topper dinghy.

 In our 2004 return we announced that we had purchased a fleet of 6 team racing Feva dinghies to be based at Spinnaker Club, Ringwood, Hampshire.  This fleet of dinghies has now been donated to Spinnaker Club, who will continue to use them for the teaching and training of junior and youth sailors.  The second fleet of  Fevas, based at West Kirby Sailing Club, Lancashire, and purchased in 2005, continue to remain the property of the Trust.

 Our income is largely derived from the investment legacy of the late Alec Twiname.  Dividend income from the portfolio is no longer sufficient to cover our outgoings and during 2008 it was necessary to realise £36,000 from the portfolio.   During 2008 we also received £2,844 as income from various fund raising activities and donations. 

 Alec Twiname's widow, Hazel, remains as Patron of the Trust, with Bruce Aitken as Chairman.   The other Trustees are:   Jim Kirkpatrick, John Reed, Duncan Truswell, Peter Whipp and Bryan Willis. 

Dinny Reed is the Administrator.

 January 2009