Trustees of Grace Fry Charitable Trust transfer investments to Summerfield Trust

In March this year the Trustees of the Grace Fry Charitable Trust transferred their investments to the Summerfield Charitable Trust in order that the Summerfield Trust could distribute more grants to benefit Gloucestershire charities.

Grace Fry lived in Cheltenham and keenly supported many causes similar to those of the Summerfield Trust. After her death, her Trust continued for a few years but the Trustees eventually recognised that by moving their investments to the Summerfield Trust, Mrs Fry's wishes could be retained but without the overheads.