ⓘ Common Good Fund

                                     

ⓘ Common Good Fund

Aberdeens Common Good Fund is a fund to benefit the people of Aberdeen, Scotland. It was created as a result of Robert the Bruce granting the cities Great Charter in 1319, after they sheltered him during his days of outlaw. In 2005, the value of the fund was £31 million.

Along with the great Charter, Bruce gave Aberdeen the forest of Stocket now the average Stocket area of the city, in exchange for annual rent. The result of the proceeds from the forest, the common good Fund was created in the interests of the residents of the city. Later, land Cruvie now Woodside and Rubislaw were also given to people.

The Fund helped to create Marischal College, giving the land to George Keith, 5th Earl Marischal to help him build the Institute, she helped people during the 1640 plague and also gave funds to Aberdeen art gallery, Central library, Aberdeen Royal infirmary and the purchase of Hazlehead Park.

The last time it was used to provide the elderly with tea dances and festivals for older persons. It is also used to help the charity was one of the main suppliers for the instant neighbour trust in the past.