BSA Jubilee Trust
REGISTERED WITH THE CHARITY COMMISSIONERS No. 275835 R
The Jubilee Trust is the official charity of the British Sub-Aqua Club. It was set up in 1977, the Queen's Silver Jubilee Year, with the main objective of providing financial support to divers for a wide variety of projects. These projects would fall beyond the scope and financial resources of normal Branch and local club activities.
The Trust has funds of its own and there is no charge whatsoever on members' annual subscriptions. (Mind you the Trust is always very happy to receive gifts or bequests from members who feel they might like to put something back into the sport).These funds are invested and each year Grants are distributed out of the income to the diving community. Being a registered charity the Trust is overseen by the Charity Commissioners and run by a group of approved Trustees.
The Trustees are all people with long experience of British diving and the British Sub-Aqua Club. However they are totally independent of the Club management and officers. For example the Club has no power to appoint or dismiss a Trustee.
Equally, the Trust has no voting rights in the Club Council. On the other hand a cooperative and mutually assistive relationship exists between the Club and the Trust as both wish to promote and support British diving.