where does the prince's trust get money from
The Prince's Trust Voluntary income represented the largest source of funding for the organisation, totalling £18 million in 2009–10 (representing a very small increase on 2008–09. Public Sector income (contracts and grants to deliver support to young people from statutory bodies) fell from £17 million to just under £14 million.
Three certainties There is a requirement that the beneficiaries of a trust, known as the objects, be certain. Within express trusts this is a particularly complex area, because the test used to determine certainty varies between fixed trusts, mere powers and discretionary trusts.[24] Fixed trusts are trusts for a specific, named list of individuals, with Alastair Hudson giving the example of "Â£10,000 to be held upon trust equally for the complete team of 11 Sunderland Football Club players who started the 1992 Cup Final at Wembley". The test for fixed trusts is that the trustees must be able to give a complete list of the beneficiaries, as laid down in IRC v Broadway Cottages.[25] If there are any potential beneficiaries who the trustees are not certain of, or the trustees cannot compile a complete list, the trust is void for uncertainty.[26]