IfL set to transfer assets to Education and Training Foundation


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The group’s advisory council will vote on the move on 17 July and if successful its legacy and assets will be passed to the charitable organisation by this autumn.

“IfL is currently in a sound financial position and holds surplus funds in reserve, in line with the reserves policy set out each year by the non-executive board,” said Sue Crowley, IfL’s elected chair.

“Following a detailed review, however, the board has concluded that without further substantial investment or alternative sources of revenue, IfL’s financial position would not be sustainable in the long term. More than anything, we wanted to ensure that the most valued aspects of IfL’s offer, the things that made IfL special, would be protected in the form of a legacy for teachers and trainers in further education and skills, and felt that it would be best to initiate an orderly wind-down of IfL and its operations.”

IfL members that have renewed their subscriptions until 31 March 2015 will become part of the Foundation’s professional membership to continue receiving access to CPD opportunities and support.

David Russell, chief executive of the Education and Training Foundation, said: “We are delighted to be offered IfL’s legacy and welcome the opportunity of supporting teachers and trainers in their professional development and ensuring that they have a voice.

http://www.fenews.co.uk/fe-news/ifl-set-to-transfer-assets-to-education-and-training-foundation

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About Paul Champion

Some have called me a leader, and a entrepreneur, they say I have integrity, presence and skills to ensure continuous improvement and success in whatever challenges I face. They also tell me that I am positive, resilient and motivating. I say, I'm just a normaI guy from Gateshead in the North of England, who started as an apprentice engineer. I have been in the right place at the right time and in the wrong place at the wrong time! I have successfully initiated and led complex organizations and situations to completion and success, and I have been in some jobs where success seemed untouchable. Mainly though, I have tried to learn everyday, help people to progress and learn the skills they need to be successful. I have had the privilege of working with some great people locally across the UK and more recently internationally in Asia, Europe and now USA, where I am lucky enough to work for www.3aaa.co.uk where I am head of 3aaa USA. This website is just me having an outlet to talk about all those thoughts, ideas and things I learn that pass through my head every day when I face the challenge of doing business. I will also rant on about how great apprenticeships are, and how you can help change peoples lives through them. After all thats how I got to do the great things that I have done, and also I am still an apprentice everyday! All I ask is that if you find it interesting then leave a comment and share what you read. THANK YOU.

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