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East Lothian Unlocks Century-Old Funds
Description
East Lothian council is set to unlock millions in dormant charitable funds—potentially £3.3 million—to tackle poverty and support vulnerable residents, by merging old trusts into a new SCIO. While some councillors worry about losing local focus, especially in Musselburgh, the council argues pooling resources ensures modern, efficient distribution. With overwhelming approval, the plan moves forward with staged fund transfers and a final review to safeguard community needs.
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