Non-profit foundation gives large pledge to the Historic Lincoln Trust

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The donation will be carried out by the David Ross Foundation, which allows kids and adolescents to uncover their talents through a diverse variety of prime opportunities emphasising education, competitive sports, creativity and the local community.

The funds will help with the development of a new subterranean home to showcase the Magna Carta and the Charter of the Forest. It will be dubbed the David P.J. Ross Magna Carta Vault in acknowledgement of the organisation's help.

Lord Cormack, leader of the Historic Lincoln Trust, claimed: "This will mean that generations of visitors and pupils will have a novel opportunity to understand the extensive significance of the most important legal papers in our history: the foundation of the constitution in this nation and an inspiration to countries around the globe".

David Ross, leader of the organisation, also said: "Having been raised in Lincolnshire, I am very proud to have a part to play in the latest Magna Carta Vault development at Lincoln Castle.

"Not only is it vital for Lincoln and the surrounding space to be attractive for more tourists but it will also be a significant informative facility, delivering knowledge covering an extensive range of National Curriculum subject areas for grade school and college students."

The Very Reverend Philip Buckler, Dean of Lincoln, stated: "I am happy that, in its 800th anniversary year, Lincoln Cathedral’s 1215 Magna Carta is to be presented in the new Magna Carta Vault being built in Lincoln Castle with this altruistic assistance."

Work on the task is on the right track to be carried out in time to commemorate the 800th commemoration of the Magna Carta in 2015.

Cllr Colin Davie, governmental associate for financial improvement and travel and leisure at Lincolnshire County Council, said: "The castle is the only location on this planet where the Magna Carta and the Charter of the Forest can be seen jointly, and these innovations will offer them the dwelling they are worthy of."

"This will most likely result in making the fortress a place of interest of global worth, drawing in countless other tourists from far and near. And that’s very good news for the local economy."