The Trust from its endowed assets generates an income stream, which enables the Trust both to fund its work tackling poverty and inequality and also provide funding to the City Church Fund, over whose work it has no control.
The Annual Report and Accounts describing the whole of the Trust’s activities follow:
Origin of our assets
Our assets derive from the philanthropy of the people of London over many years. Over the centuries the 112 parishes within the City of London received around 1,400 separate charitable gifts and bequests. Their income was to be used for the benefit of the church communities or, more often, the poor of those parishes.
By the late 19th century the City had become a financial centre and the number of potential beneficiaries in the area had fallen significantly. In 1878 a Royal Commission was appointed to review this situation, which led to the creation of two funds to administer the majority of these endowments for the benefit of the poor of London and the Church of England in London.
These two funds – the Central Fund and the City Church Fund – together made up the City Parochial Foundation and they are still managed by us.
The government provided an endowment of £10 million when it abolished the Greater London Council in 1986 and asked City Parochial Foundation to manage this new independent organisation, Trust for London.
In 2010, the Foundation and the Trust were amalgamated into one organisation to form the new Trust for London.
Leaving a gift to the Trust in your will
If you would like to support the work we do then you can leave the Trust a legacy in your will. See here for further details.
From our Twitter
Our Moving on Up initiative is designed to improve employment prospects for young black men. We’re seeking a new partner to deliver an evaluation of its effectiveness. Deadline 28 May. Details here https://bit.ly/2InMJ2V22 Apr 2019
The latest Living Standards Index for London from @policy_practice identified Enfield, Barnet, Camden and Sutton as having the highest proportion of families in serious financial difficulty @Welfare_Weekly https://bit.ly/2X8P6K822 Apr 2019
Interested in working with us and @MayorofLondon to tackle London’s housing challenges? Come to an information evening on Tuesday 23 April to discuss how your organisation become involved with the #London #Housing Panel #community https://bit.ly/2PewPsm21 Apr 2019