Seanad debates
Thursday, 18 June 2015
Beit Collection: Statements
10:30 am
Heather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source
The cost of running the estate is a matter for the Beit foundation. As I said, it is all set out in the memorandum and articles of association. Also, the trustees made it clear that they genuinely believed and they still believe, and I have to respect this - we have to respect that this trust has been set up for 40 years now - that they are taking the right course of action to create an endowment fund for the house, which will provide an ongoing income for the years ahead.
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