ABOUT REET

The Roger Edwards Educational Trust (REET) is a registered charity which makes grants to individuals and organisations. All grants are to be used for educational and training purposes which benefit people of all ages living in the Usk district/ NP15 1 postcode area.

The Trust is managed by unpaid local trustees who ensure that all the projects the trust supports fall within the aims and objectives of the trust as detailed below.

Aims of the Trust

  • A payment of two-thirds of the net income of the Trust to the Monmouthshire Farm School Endowment Trust Fund (MFSET).
  • Providing and assisting in the provision of facilities, not required to be provided by the local education authority, at Usk Church in Wales Primary School.
  • Promoting for public benefit, the education (including social and physical training) of people resident in Usk and District in various ways including:
    • Awarding of scholarships, maintenance allowances or grants at any university, college, or institution of higher or further education.
    • Providing for education (including the study of music or other arts) to undertake travel in furtherance of that education, or to prepare entry to a trade or profession on leaving an educational establishment.
    • Providing and assisting in the provision of facilities for education at any charitable educational establishment in the area of benefit.

How is REET Funded?

The Trust owns financial assets and property which provide the income from which grants are paid.

 

Registered Charity 525638

WHO WAS ROGER EDWARDS?

Roger Edwards died in 1624. He lived at Allt y Bela, and was a farmer and merchant. He founded Usk Grammar School and left property and assets to fund the school. In 1956 the Usk Grammar School Foundation was set up to deal with the assets and Monmouthshire County Council was the sole corporate trustee. Two thirds of the income from the Foundation was used to support the Monmouthshire Farm School Endowment Trust which in turn part funded the former agricultural college at Usk and agriculture students.

The remaining one third of the income was required to be used to support educational projects and individual students living in Usk and the surrounding district.

This arrangement remained in place for over 50 years until November 2008 when, following a long campaign led by the late Lord Raglan, the County Council relinquished its control of the Trust. The Roger Edwards Educational Trust (REET) then took the form in which it exists today.