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
At any one time, our funding is supporting up to 300 organisations and our average grant is worth £70,000. Read a review of our funding from 2013 - 2017 here https://bit.ly/2Zo6kEr16 Jun 2019
Research from @LivingWageUK shows that over 5 million people in Britain are in low-paid and insecure work. The #LivingHours campaign calls for employers to provide security of working hours, as well as paying at least the #LivingWage https://bit.ly/2MI5HUT15 Jun 2019
This increase is since 2008, not 2018.14 Jun 2019
Grenfell. Two years on. It felt then like it would be the test of us, what we are like as a city and as a political class. I fear we are failing the test.14 Jun 2019