THE BENEVOLENT FUND

The Tobacco Pipe Makers and Tobacco Trade Benevolent Fund (Charity no. 1135646) was formed in 2010 by merging the then existing Benevolent Fund with the Tobacco Trade Benevolent Association, first established in 1860.

One of the original functions of any Livery Company was the welfare of its members. Members paid a fee called quarterage, which supported those too ill or infirm to work, or paid for funerals. Livery Companies were also seen as reliable bodies to act as trustees for other charitable bequests. This philanthropic tradition continues today.

Company members are asked to donate annually to the Benevolent Fund. Donations (which can qualify for Gift Aid) provide the money for the Fund’s charitable giving. The Benevolent Fund is run independently by a Board of Trustees (who are typically also Company members) and its assets are managed by professional investment managers with specialist knowledge of investment of charitable funds. The Fund’s prudent approach to investment is set out in its Risk Appetite Statement.

THE TWO PARTS OF THE BENEVOLENT FUND

General Fund: this supports a wide range of UK registered charities. Our Company members can also ask the Fund to support their own charity fundraising efforts, up to £1000 per request. Apply to the General Fund here. (Liverymen only.)

Welfare Fund: this support people in need who have worked in the tobacco trade in any capacity, or their dependents. Applications are considered on the basis of need and length of service in the tobacco trade. Find out more and how to apply here.

Grants and support within both parts of the Fund are subject to careful criteria and review.

CHARITIES WE CURRENTLY SUPPORT

To find out more about our Benevolent Fund, please email the Benevolent Fund Secretary.