Friday 10 June 2011

The Fund - for LEGAL EXPENDITURE!

So what is the FUND for exactly? Kate's uncle Brian Kennedy (not the big businessman benefactor) said it's "probably, mainly for legal expenditure." Had many people heard this and read this before??? Scroll down for the video and a link.

Here we have, the simple answers: Start Quote:

Fund Objectives
The full objects of the Fund are:
  • To secure the safe return to her family of Madeleine McCann who was abducted in Praia da Luz, Portugal on Thursday 3rd May 2007;
  • To procure that Madeleine's abduction is thoroughly investigated and that her abductors, as well as those who played or play any part in assisting them, are identified and brought to justice; and
  • To provide support, including financial assistance, to Madeleine's family.
http://www.findmadeleine.com/about_us/madeleines-fund.html

Full details that are on the official Find Madeleine website, linked hereabove:

Madeleine's Fund

About the Fund
Madeleine's Fund - 'Leaving No Stone Unturned' is a not-for-profit company which has been established to find Madeleine McCann, support her family and bring her abductors to justice. The Fund is following best practice governance procedures as set out in the Good Governance Code for the Voluntary and Community Sector. The directors of the company are Brian Kennedy, Michael Linnett, Edward Smethurst, Jon Corner, Kate McCann & Gerry McCann. They have appropriate legal, business and charitable experience. An experienced Fund Administrator has been appointed to ensure the highest standards of transparency and accountability. This should enable the Directors to maintain an appropriate governance distance in the day-to-day operations of the Fund.
Fund Objectives
The full objects of the Fund are:
  • To secure the safe return to her family of Madeleine McCann who was abducted in Praia da Luz, Portugal on Thursday 3rd May 2007;
  • To procure that Madeleine's abduction is thoroughly investigated and that her abductors, as well as those who played or play any part in assisting them, are identified and brought to justice; and
  • To provide support, including financial assistance, to Madeleine's family.
If the above objects are fulfilled then the objects of the Foundation shall be to pursue such purposes in similar cases arising in the United Kingdom, Portugal or elsewhere.
Fund Raising
We thank you for your interest in fund raising to support Madeleine's fund. Many donations have resulted from a variety of fund raising events. These have included Car Boot sales, jumble sales, school cake sales, race nights, sponsored runs & cycle events, ‘dress down' days, auctions & ‘cheese & wine' nights.
These events have further highlighted Madeleine's plight as well as bringing many people together to have fun whilst working towards one common goal.
We would be grateful if you are considering fund raising that you do not refer to Madeleine's fund as a registered charity as it is not. If you are embarking on a type fund raising which may carry an element of risk you may wish to consider your position regarding insurance cover. If you require further information please refer to:
http://www.institute-of-fundraising.org.uk/bestpractice/thecodes/codesoffundraisingpractice/
FAQs
(1) Who are the main contributors to the fund?
Many members of the general public from across the world have kindly donated to Madeleine's Fund, either by personal donation or fund raising events. In addition to this, over £1 million pounds in libel damages and compensation awarded to Kate and Gerry McCann and their friends has been paid into Madeleine's Fund.
(2) What are the registered details of Madeleine's Fund?
Madeleine's Fund: Leaving No Stone Unturned Limited is a company limited by guarantee, registered in England and Wales, CRN 6248215. Registered office: 2-6 Cannon Street, London EC4M 6YH.
(3) Why is Madeleine's Fund not registered as a charity?
Because Madeleine's Fund is currently focussed on searching for one child only, Madeleine McCann it cannot register as a charity. However in the future, if the objects of the fund are fulfilled and subsequently changed to concentrate on multiple similar cases, it may then be possible to acquire charitable status.
(4) Can gift aid or tax relief be claimed on my donation to Madeleine's Fund?
No it cannot because these are only available to registered charities.
(5) If Madeleine's Fund isn't a charity who is regulating it?
The directors regulate Madeleine's Fund and they aspire to follow best practice policies and processes used by charities. The directors have reviewed its operation against “Good Governance: A Code for the Voluntary and Community Sector”. This sets out best practice requirements for charities.

The Fund also has:
  • a Financial Procedures Manual
  • job descriptions for directors, chair and treasurer
  • clearly laid out policies and processes for:
  • payments
  • expense claims
  • risk management
  • whistle blowing
  • registering conflicts of interest
(6) Who are the directors of Madeleine's Fund?
There are six directors of the Fund. They are:
  • Brian Kennedy, a retired head teacher;
  • Edward Smethurst – A Commercial lawyer;
  • Jon Corner – Director of a media company;
  • Michael Linett- retired accountant
  • Kate McCann General Practitioner
  • Gerry McCann Consultant Cardiologist
(7) What is the money being spent on ?
The majority of the fund money has been and continues to be spent on investigative work to help find Madeleine. Additionally money continues to be spent on the wider 'Awareness Campaign' – reminding people that Madeleine is still missing and to remain vigilant. None of the directors have taken any money from the fund as remuneration.
Anyone who wishes further information with regards to the financial details of Madeleine's Fund and its professional advisors, please refer to the accounts filed at Companies House. Crown Way Maindy Cardiff CF14 3UZ


I will bring further elements from someone's search later. Clearly this above means that it is for

ANY purpose, as "support, including financial assistance, to

Madeleine's family"

can mean anything and everything, including paying for 2 months mortgage like has been the case in 2007,  and what else????????? 


"registering conflicts of interest" means that anytime the McCanns need money to either SUE someone or defend themselves, they can use the fund = PUBLIC donations.



Listen and WATCH (for body language and laughs, face expressions and words from 1:30 in the video):

2 comments:

  1. The McCann's are making it look very easy to get profit out of marketing a childs abductrion and getting enough money to pay off one's lawyers to get away with their crime's!

    Just wait a couple of years till the habit become's a lifestyle for every psychotic paedo to get rid of their victims and the evidence against them and cry for public donations with pathetic sympathy seeking act's like the Mccann's have for profiteering, cause that's the what I see comming in the UK soon!

    ReplyDelete
  2. Listen and WATCH (for body language and laughs, face expressions and words from 1:30 in the video):

    Whoever wrote this - just don't get it I'm afraid. He is a genuine nice guy. You are on the way wrong tracks.

    ReplyDelete

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