Widow gives £50m to husband's charitable trust

The widow of a Scottish travel agency mogul has donated £50m to the charitable trust set up in his memory so that she can see the money do some good in her lifetime.

Margie Moffat has donated the money to the Moffat Charitable Trust, which was set up after the death of AT Mays founder Jim Moffat in 1998. AT Mays was the third-largest travel agency group in the UK when it was sold to the Royal Bank of Scotland in 1988.

The Moffats’ son, Jamie, is chairman of the trust, which had an income of just under £1m last year.

“My father included a major legacy within his will in order to give something back to the community in which he lived and worked, and this was used to establish The Moffat Charitable Trust,” he said. “My mother wants to develop that commitment by making a significant donation to The Moffat Charitable Trust and to see the benefit to others of that donation in her lifetime.”

He said the trust would now be able give away more than £3m a year, and was hoping to raise awareness of its existence by making an eye-catching initial donation of £1m to carers’ support charity The Princess Royal Trust for Carers in Scotland.

The charity’s assistant director, Ruth Clark, said: “The Moffat family is following a great Scottish tradition of philanthropy, which is reminiscent of Andrew Carnegie at the beginning of the last century.”

The money will be used to establish a two-year pilot project that will identify carers at an early stage and make sure they have all the information and advice they need about local services and support.

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