Our funds as at 31st December 2017 were £333m, compared with £319m in 2016. Total return on our investment portfolio in 2017 was 7%, compared with 12% in 2016. Charitable activities for the Central and City Church Funds* as at 31st December 2017 were £14.9m, compared with £7.1m in 2016. Central Fund grants made for work to tackle poverty and inequality in London totalled £8m in 2017, compared with £7.1m in 2016. We made 136 grants in 2016, compared with 121 in 2016. City Church Fund charitable activities (in relation to which the Trust’s Board has no control) for work as stipulated by the Church Commissioners totalled £5.7m - it was £4.8m in 2016. Gross Distributable Income for 2017 was £14.8m, compared with £13.8m in 2016.
High to low pay ratios
Comparing the lowest paid permanent member of staff to the highest paid, the ratio was 4:7:1 in 2017. In 2016 it was 4:8:1.
Trust for London is an accredited London Living Wage employer and is a principal member of the Living Wage Foundation. The London Living Wage from November 2017 is £10.20 per hour.
*Grants payable were used for the Trust’s work to tackle poverty and inequality and for the work of the City Church Fund. The Trust has no involvement in how the City Church Fund is distributed.
From our Twitter
A vast body of evidence shows that Deaf and Disabled people now face increasing levels of poverty, exclusion and discrimination, effectively turning the clock back on years of progress http://bit.ly/2XbER8Y20 Feb 2019
“All too often the voices of those who are living on low incomes are unheard.” Our Grants Manager @AustinTL1 asks how funders can best engage with people with lived experience of poverty http://bit.ly/2SbqUcn19 Feb 2019
Thank you to all of our grantees who do brilliant work every day to make London a fairer city #charitytuesday19 Feb 2019
Millions of people face a twin injustice: sky-high prices for new homes, built on land owned by profiteering developers. We work to find sites for affordable #housing & put the power in the hands of local people http://ow.ly/kCie50lF7NF @LondonCLT @trustforlondon18 Feb 2019