Re:How the Guardian improbably put itself on the path to pro...
by shellac on Tuesday January 30, 2018 @05:26AM
(#16264217)
> ...it was set up to own The Guardian for purely philanthropic reasons.
You're right, of course, but the Scott Trust is not philanthropic in itself. It only exists to keep the Guardian and Observer going as they are. As such when finances become tight there are undoubtedly tensions between the overall philanthropic aims of the Scott family and the brute need for the trust to survive so the papers survive.
The intentions of the Trust were explicitly carried over to limited company in its constitution. Whether that's sufficient to protect it, well we'll see.
You're right, of course, but the Scott Trust is not philanthropic in itself. It only exists to keep the Guardian and Observer going as they are. As such when finances become tight there are undoubtedly tensions between the overall philanthropic aims of the Scott family and the brute need for the trust to survive so the papers survive.
The intentions of the Trust were explicitly carried over to limited company in its constitution. Whether that's sufficient to protect it, well we'll see.