News from the 2nd trustees meeting

Raj and I spoke this morning (via Skype) and Raj updated me on the latest on the trust development. The trustees met this week with the Chartered Accountant that has been helping set up the Trust deeds and the following was agreed:

• The Founder member (which you have to have when starting a Trust in India) will be Raj.
• The name of the Trust was confirmed as ‘The Fishermen Trust’ and each project of the Trust would be named separately as they are developed.
• One of the trustees will be going abroad for a period of 2 years but will continue to be on the Trust Board
• Representative from Raj's Church (BBC) Trust can be an ex-officio member on the advisory level
• The sample Trust Deed was agreed at the meeting and the Trust will be registered on the 20th Feb 2007!!
• A Bank account for the Trust will be opened
• The Trust will be applying for tax exemption (FCRA)

As you can see things are really moving!! Raj also told me the exciting news that a lady is to let him have her property (whilst she is away for 2 years) for the use of the Trust (as offices etc). The house is a really good size and this will be a great base for the Trust.

Raj is currently teaching students at the South Asian Bible College.

All these developments are part of the plan for 2006/07. Things are really moving.....!!