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Royal
Army Dental Corps (RADC)
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The
Royal Army Dental Corps Regimental
Association
The Royal Army Dental Corps
Regimental Association
Serving the past and present members
of the ADC & RADC
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Grants
Committee of the RADC Association Committee
The
Committee meet once during the year: The Secretary
has authority to grant up to £400 out of
Committee. Post and teleconference consider requests
in excess of this with the other Members of the
Grants Committee. No case is considered unless
it has been sponsored by a welfare officer of
a welfare organisation such as SSAFA or the Royal
British Legion. Income policy. The Trustees continue
to maintain an investment portfolio on the behalf
of the Association: this is done through representation
on the RADC Investment Committee and managed by their
Investment Manager Carr Sheppards Crosthwaite
Ltd.
Subscription
income from the serving soldier's who subscribe
under the days' pay scheme is paid each quarter.
Fifty percent of income from soldier's subscriptions
is retained for benevolence. Investment dividends
and Inland Revenue tax refunds are either invested
or held on deposit. The remaining fifty percent
is devolved to support Corps institutions such
as the Association itself, the RADC Central Fund,
the RADC Bulletin, and the Army Medical Services
Sports Union. Officers make an annual donation to the
Fund from their HQ Mess subscriptions.
Subscriptions
from the non-serving membership are credited direct
to the RADC Association fund.
Welfare
Grants Procedure. The Grants Committee of three
is based at RHQ RADC and deals with all applications
for welfare assistance up to a maximum of £1,000.
The Secretary initially investigates all the applications
and a case file is opened. The Secretary has authority
to grant up to £400 per case, all such cases
being subject to ratification by the Annual Meeting
of the Grants Committee. Cases in excess of the
Regimental Secretary's authority are forwarded
with his/her recommendation for consideration
by the other committee members. Any application
that involves a grant of more than £1,000
from Association funds is referred to the Army
Benevolent Fund for additional funding.
Benevolence
Committee. This committee is convened Annually
by the Secretary to consider all case files for
the year. The composition of this committee is
made up from the Representative Colonel Commandant,
the Corps RSM and the Secretary.
Acknowledgements.
The Trustees and the Association Committee extend
their grateful thanks to the other Regimental
Associations, The Royal British Legion and the
Army Benevolent Fund for the very generous support
given over the years to the members of the Association.
Donations.
The President of the Association is grateful for
private donations made by individual soldiers
and officers. Officers may contribute using their
Blue Book. Such donations should be sent to the
RHQ RADC.
Excess income.
All excess income is invested to increase the value
of the capital base to provide for the future
welfare needs of the membership of the Association.
Investments.
Investments are divided between deposit accounts
and in the Stock Market with the unrealised gain
for the current year being shown in the income
(using the RADC Investment Plan).
Examination
of Accounts. The Association complies with the
Statement of Recommended Practice (SORP).
Subject
to forwarding an A4 sized SAE, a full report and
Statement of Finances can be obtained from the
Regimental Secretary RADC at the RHQ RADC.
RADC
Association is a Registered Charity Number 265463,
Copyright: © RADC Association. Legal notices
and terms of use apply.
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