When the Company was established, a Charitable Trust was set up to support the profession of Chartered Secretaries and Administrators, education and the Lord Mayor’s chosen charities. The Charitable Trust’s funds are provided by regular donations from Liverymen and legacies. Its assets are invested and professionally managed.
The Charitable Trustees meet quarterly and their business includes the consideration of applications for grants and donations from a wide variety of charities. The Charitable Trust may give support to any charitable purpose, as defined in the Charities Act 2006. The Trustees’ policy is to make donations normally in support of:
- Educational awards for success in the examinations of the Institute of Chartered Secretaries and Administrators (ICSA) and in collaborative courses between ICSA and several Universities
- Support for the Company’s Apprentices in their studies;
- Education and social welfare in the City of London and Inner London boroughs;
- The charities nominated annually by the Lord Mayor of the City of London and by the Master of the Company;
- Charities relating to current or former members of the Armed Services and awards for members of the Armed Services with which the Company has affiliations;
- The advancement of education;
- The relief of suffering, and
- Assistance for older people.
Other than awards within these categories, the Charitable Trust does not normally give financial support to individuals.
As a part of the Company’s educational activities it has affiliations with Rokeby School in Newham, where two Liverymen are members of the board of governors and one has recently been appointed as its chair., and Bethnal Green Academy in Tower Hamlets. Liverymen have led mentoring sessions for pupils at Bethnal Green Academy. The Charitable Trust is also developing a bursary to assist pupils to gain work experience or an internship.