Administration of restricted funds
One of the restricted funds
At any one time, Hermes generally operates between ten and twenty restricted funds for specific purposes which are in keeping with the Trust's own charitable objects. These are generally set up following an approach by an individual or group of people handling money for a specific project or particular type of activity, but where the level of transaction throughput or short lifespan of the project does not justify such things as own bank account, separate legal entity, paid administrator etc.
If you would like to talk to Hermes about the possibility of setting up a restricted fund, please do get in touch.