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The Kincardineshire Educational Trust was set up for residents, schools and organisations in the former County of Kincardine.The Trust awards grants to individuals, schools and organisations to help with the cost of school trips, further education and funding for sports clubs and facilities. Parents and guardians can also apply if they are receiving certain benefits or on a low income.

The University Community Fund enables the University to listen to ideas, adapt to local needs, and provide financial support to deliver tangible benefits for the wider community.The Community Fund accepts applications of between £250 and £3,000, including those which:- benefit communities in the local areaincrease engagement between the University and the community- promote knowledge exchange and widening participation- promote environmental sustainability- promote diversity and inclusion- celebrate the local area’s heritage, whether physical or cultural

The grant scheme is designed to mobilise change and deliver positive outcomes for Shetland and its communities. The scheme seeks to support the community and economic development of Shetland by investing in infrastructure, community capacity building, and developing community assets and encouraging inclusive growth.The scheme also aims to encourage regeneration of Shetland’s communities by supporting projects that safeguard sustainable economic growth and jobs, promote inclusion and contribute towards poverty reduction.Projects seeking funding must be a strong fit to Shetland's Partnership Plan 2018 – 2028, and the shared vision that "Shetland is a place where everyone is able to thrive; living well in strong, resilient communities; and where people and communities are able to help plan and deliver solutions to future challenges."

The Trust supports charitable institutions, societies and/or indigent persons connected with the town or burgh of Kinross and the parish of Orwell at the discretion of the trustees. Trust funds to be applied for charitable, beneficial or public purposes. In the past the trust has funded local youth, sport and school groups as well as churches, often for capital projects.