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Educational Foundation Schemes

Volume 501: debated on Thursday 22 May 1952

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83.

asked the Minister of Education the approximate value of the capital assets to be transferred to the proposed Derbyshire Educational Foundation; and what will be the approximate net annual income of that foundation.

The nominal value of the capital assets is £29,800 excluding land, and the approximate net income is estimated at £1,150 per annum.

84.

asked the Minister of Education in what counties have educational foundations, amalgamating local foundations, been established in accordance with schemes settled under her seal; and for what other counties she proposes to inaugurate similar schemes.

The answer to the first part of the question is Hertfordshire. In addition to the Derbyshire scheme which has been sealed by me, schemes have so far been drafted for Dorset, Berkshire, Northumberland, Norfolk, Leicestershire, Herefordshire and Somerset.