Foundation trust

The nature, history and formation of Trusts.

Foundation trust

Postby holy vehm » Sat Jan 08, 2011 10:38 am

What is a foundation trust?
Our local ambulance wants to change to a foundation trust i was wondering what that actually is. Im presuming that the ambulance service is already a trust and if it is what is the differance?
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Re: Foundation trust

Postby the_common_law_reverend_kenny » Sat Jan 08, 2011 10:46 am

It offers greater financial flexibilty.... i.e,....Assets can be moved around on the qt and they are more self governing. Plus the added bonus true ownership is unclear/undeclared...(can be easily hidden behind the trust)


some PR...

http://www.cpft.nhs.uk/FoundationTrust/WhatisaFoundationTrust/tabid/161/language/en-GB/Default.aspx

Foundation Trusts are a new type of organisation, created under the Health and Social Care (Community Health and Standards) Act 2003. As a Foundation Trust, we are still part of the NHS and have to meet the same national targets and standards.

However, the change in governance arrangements is significant and is designed to lead to greater local accountability and to provide new opportunities for local people, patients and staff to have a say about the way we provide our services. NHS Foundation Trust status also gives us greater freedom from central Government control and new financial flexibility.

SOVEREIGN: not controlled by outside forces: autonomous; self-governing; independent "a sovereign people" <> "by any peaceful administritive means necessary" - the way of the order.
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Re: Foundation trust

Postby kliff » Sat Jan 08, 2011 11:58 am

I actually work for the Pret Foundation Trust; in the UK, the word "foundation" is sometimes used in the title of a charity, as in the British Heart Foundation and the Fairtrade Foundation. Despite this, the term is not generally used in English law, and (unlike in civil law systems) the term has no precise meaning. Instead, the concept of Charitable Trust is in use (for example, the Pret Foundation Trust) basically a trust has extra powers over its own operations and is run internally as apposed to a full-blown Charity which regulated mostly by the charity-commission. It's a little more complicated than that but essentially that's it in a nut-shell.
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Re: Foundation trust

Postby holy vehm » Sat Jan 08, 2011 2:09 pm

Thanks for the answers guys, what is the situation with accountability with the change to a foundation trust? Is it the trustees who are ultimatly responsible?
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Re: Foundation trust

Postby kliff » Sat Jan 08, 2011 2:10 pm

in a word - yes.
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Re: Foundation trust

Postby not a number » Sun Jan 09, 2011 12:50 am


be interesting to know who the trustees turn out to be. And can they be held accountable if an ambulance argues over which hospital to take the person too when they live on the border of two counties, as happens at the moment.
also, does this affect the ambulance buses that run patients home from hospitals, will they now be cut?, and is this now a charity, a foundation or a quango??? :psst:


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Re: Foundation trust

Postby the_common_law_reverend_kenny » Sun Jan 09, 2011 10:35 am

Who would you say are the Grantors in such a set up?
SOVEREIGN: not controlled by outside forces: autonomous; self-governing; independent "a sovereign people" <> "by any peaceful administritive means necessary" - the way of the order.
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Re: Foundation trust

Postby kliff » Sun Jan 09, 2011 11:11 am

www.ntw.nhs.uk/fileUploads/1246014027Foundation%20Trust%20News%20Issue%202.pdf

you may get a 403 forbidden error if you click through on this; simply copy and paste into a new browser tab and it'll work. Contact details are on the last page if you want to pursue the interest......
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