That proceeds from the 50% of profits raised
by the auction will be apportioned as follows:
Essex Community Foundation fund for young people in Tendring -
50%
Tendring Community Fund - 50%
Although the exact criteria for the Essex Community Foundation fund
can be determined at a later date, this will be exclusively set
aside for Tendring residents. As set out in the report at the time,
being clear where the funding will go now is likely to increase the
amount of funding received for the sculptures at the
auction.