City Parochial Foundation
Encyclopedia
City Parochial Foundation (CPF), which in 2010 changed its name to Trust for London, is an independent charitable foundation established in 1891. It aims to tackle poverty and inequality in London and its root causes.
It achieves its aims by funding charitable work. It makes grants totalling around £7 million per annum. As an independent funder it is particularly interested in work which is viewed as challenging. One of its long standing principles is to support activities which government will not or is unlikely to fund.
was established to investigate the parochial charities. It reported on 12 March 1880, which led to the City of London Parochial Charities Act 1883. This provided that the five largest parishes should continue to administer their own charitable endowment
s, but that the charities of the remaining 107 parishes (consisting of about 1,400 separate charitable gifts and bequests stretching back over 400 years) should be administered by a new corporate body officially called the Trustees of the London Parochial Charities. For most of its history it was known as City Parochial Foundation but since 2010 has been known as Trust for London.
A Central Governing Body (CGB) was established for the Trustees, consisting of 21 members, nominated by the Crown
, the Corporation of the City of London, the London County Council
, the Ecclesiastical Commissioners
, the Senate
of the University of London
, the Councils of University College, London and King's College, London, the Council of the City and Guilds of London Institute
, and the Governing Bodies of the Bishopsgate Foundation and the Cripplegate Foundation. There are now 17 members, mostly now nominated by the Trust itself, although some members are still nominated by London Councils, the Greater London Authority, the Church Commissioners
, and the Corporation of the City of London.
The Trust assumed trustee
ship of the City Church Fund, which held the ecclesiastical endowments. In 1899, it also assumed trusteeship of the Chelsea Physic Garden
, which it held until 1983. In 1933, it also took over the People's Palace
and Four Boroughs' Fund, in 1957 the new Sion Hospital (London) Charity, in 1966 the Whitley House Charity, and in 1982 the Ratcliff Fund.
It achieves its aims by funding charitable work. It makes grants totalling around £7 million per annum. As an independent funder it is particularly interested in work which is viewed as challenging. One of its long standing principles is to support activities which government will not or is unlikely to fund.
History
On 10 August 1878 a Royal CommissionRoyal Commission
In Commonwealth realms and other monarchies a Royal Commission is a major ad-hoc formal public inquiry into a defined issue. They have been held in various countries such as the United Kingdom, Australia, Canada, New Zealand, and Saudi Arabia...
was established to investigate the parochial charities. It reported on 12 March 1880, which led to the City of London Parochial Charities Act 1883. This provided that the five largest parishes should continue to administer their own charitable endowment
Financial endowment
A financial endowment is a transfer of money or property donated to an institution. The total value of an institution's investments is often referred to as the institution's endowment and is typically organized as a public charity, private foundation, or trust....
s, but that the charities of the remaining 107 parishes (consisting of about 1,400 separate charitable gifts and bequests stretching back over 400 years) should be administered by a new corporate body officially called the Trustees of the London Parochial Charities. For most of its history it was known as City Parochial Foundation but since 2010 has been known as Trust for London.
A Central Governing Body (CGB) was established for the Trustees, consisting of 21 members, nominated by the Crown
Monarchy of the United Kingdom
The monarchy of the United Kingdom is the constitutional monarchy of the United Kingdom and its overseas territories. The present monarch, Queen Elizabeth II, has reigned since 6 February 1952. She and her immediate family undertake various official, ceremonial and representational duties...
, the Corporation of the City of London, the London County Council
London County Council
London County Council was the principal local government body for the County of London, throughout its 1889–1965 existence, and the first London-wide general municipal authority to be directly elected. It covered the area today known as Inner London and was replaced by the Greater London Council...
, the Ecclesiastical Commissioners
Ecclesiastical Commissioners
Ecclesiastical Commissioners were, in England and Wales, a body corporate, whose full title is Ecclesiastical and Church Estates Commissioners for England. The commissioners were authorized to determine the distribution of revenues of the Church of England, and they made extensive changes in how...
, the Senate
Senate
A senate is a deliberative assembly, often the upper house or chamber of a legislature or parliament. There have been many such bodies in history, since senate means the assembly of the eldest and wiser members of the society and ruling class...
of the University of London
University of London
-20th century:Shortly after 6 Burlington Gardens was vacated, the University went through a period of rapid expansion. Bedford College, Royal Holloway and the London School of Economics all joined in 1900, Regent's Park College, which had affiliated in 1841 became an official divinity school of the...
, the Councils of University College, London and King's College, London, the Council of the City and Guilds of London Institute
City and Guilds of London Institute
The City and Guilds of London Institute is a leading United Kingdom vocational education organisation. City & Guilds offers more than 500 qualifications over the whole range of industry sectors through 8500 colleges and training providers in 81 countries worldwide...
, and the Governing Bodies of the Bishopsgate Foundation and the Cripplegate Foundation. There are now 17 members, mostly now nominated by the Trust itself, although some members are still nominated by London Councils, the Greater London Authority, the Church Commissioners
Church Commissioners
The Church Commissioners is a body managing the historic property assets of the Church of England. It was set up in 1948 combining the assets of Queen Anne's Bounty, a fund dating from 1704 for the relief of poor clergy, and of the Ecclesiastical Commissioners formed in 1836...
, and the Corporation of the City of London.
The Trust assumed trustee
Trustee
Trustee is a legal term which, in its broadest sense, can refer to any person who holds property, authority, or a position of trust or responsibility for the benefit of another...
ship of the City Church Fund, which held the ecclesiastical endowments. In 1899, it also assumed trusteeship of the Chelsea Physic Garden
Chelsea Physic Garden
The Chelsea Physic Garden was established as the Apothecaries’ Garden in London, England in 1673. It is the second oldest botanical garden in Britain, after the University of Oxford Botanic Garden, which was founded in 1621.Its rock garden is the oldest English garden devoted to alpine plants...
, which it held until 1983. In 1933, it also took over the People's Palace
Alexandra Palace
Alexandra Palace is a building in North London, England. It stands in Alexandra Park, in an area between Hornsey, Muswell Hill and Wood Green...
and Four Boroughs' Fund, in 1957 the new Sion Hospital (London) Charity, in 1966 the Whitley House Charity, and in 1982 the Ratcliff Fund.