Trustees “shall have special regard to the relief of poverty of employees or their dependants by the provision of gratuities or allowances… and in particular for those employees or their dependants who are in special need of financial assistance on account of any illness, old age or from other causes.”
The Trust has concentrated its grant-making activities in support of charities tackling issues in the following main themes:
The Trust considers applications to benefit the communities where the Company operates, subject to organisations and charitable purpose satisfying the Trustees’ criteria and strategic priorities. The Trust also supports the charitable work and funds raised by its current and former employees.
The Trust have engaged a number of Community Foundations to help administer small grants on behalf of the Trust.
The Company also set up ‘named funds’ in four community foundations. These are endowed funds which provide on-going support to local charities.
