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Background The Glasgow Educational and Marshall Trust is a charitable institution which came into existence in 1936. Prior to that time there existed a number of bursaries to both the University of Glasgow and the Glasgow Royal Technical College (now the University of Strathclyde) and numerous endowments which had been bequeathed as far back as 1885 to two separate bodies - the Glasgow Trust and the Marshall Trust. The sole purpose of the Trust is to govern and administer the bursaries and endowments by means of a governing body consisting of 22 elected governors and not more than 4 co opted governors. The full governing body currently meets quarterly (on the first Wednesday of March, June, September and December) but due to the volume of applications it is necessary to hold a number of sub committee meetings whose findings are ratified at the next quarterly meeting. An investment sub committee meets at least once per year with our stockbrokers who have discretionary powers of investment. |