History and background
Funding to promote a fair and compassionate society
The Essentia Foundation was established some years ago as a limited liability company charity which operated Health and Social Welfare telephone counselling and information services supported by data processing and analysis in the field of public information.
Its clients included HEBS, the Scottish Government, the Department of Health and the Central Office of Information, together with a number of pharmaceutical companies. When the company was sold in 2005, the Essentia Foundation was established as a Trust. The seed value of the portfolio was largely donated in 2005 and 2006 as a direct consequence of the sale of the predecessor charity with a final settlement made in 2008 on the liquidation of the company.
Scottish Charitable Incorporated Organisation (SCIO)
In 2021, the foundation was granted Scottish Charitable Incorporated Organisation (SCIO) status by the Office of the Scottish Charity Register (OSCR), replacing the trust established in 2005.
There are a number of advantages to operating as an SCIO (over a trust):
Advantages
- Moving from Trust Law to the Charities and Trustees Investment (Scotland) 2005 as the main legislation applying to SCIOs leaves us with no constraint on the accumulation of income
- OSCR is the sole regulator
- Own legal personality
- Unlimited powers in furtherance of purposes
- Members can more easily amend the constitution.
- Limited liability of trustees
More Information
More about us
About
Our People
Who's who at Essentia Foundation, meet our trustees.
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About
Our Partners
Information about our partner organisations here at Essentia Foundation.
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About
Annual / Impact Reports
Read our latest annual report along with the impact reports.
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About
Policies
Read our up to date policies and procedures.
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