Investment performance
In October 2016, the Benevolent Fund’ s investment portfolios stood at £ 7.4 million and £ 6.8 million in October 2015. The funds rose above £ 8 million in September 2017, despite the geo-political uncertainty brought about by Brexit, Trump, North Korea and the Middle East.
Key
Livery Co. Disadvantaged Youth Education Disabled Homeless
How are the funds distributed?
At their August meeting, the Trustees review the various charities that receive support against the The guidelines lunch was agreed deliciously with the catered Court in by 2014 Mark. A Grove budget and is set his for team the following at Cook & year Butler and and commitments we cracked are along usually at made a goodly for up pace to. three Our guests years to were enable admirably the introduced charities plan by for Liveryman the medium Fran term Morrison. In addition and our, ad Principal hoc donations Guest may, Tim be Wonnacott made to the gave many a generous appeals that and very are received humorous. The reply Trustees to which meet I responded four times a initially year to by consider drenching appeals poor and Tim monitor in a glass the of performance water- he was of the very Benevolent kind about Fund it.( The sorry causes Tim!). are I divided was very into pleased the to five show basic off categories the newly shown found below Livery. Grant of Arms and Letters Patent which have been missing for many years • There- our are Clerk certain tenaciously charities that sought a Livery them Company out, and is the expected new Immediate to support Past. Master, Chris Allen, and his IPM, Mark Gower-Smith have funded a beautiful representation and they are now resplendent in frames
• Disadvantaged youth.
carved • Education with tobacco leaves( or close to); Sandra also located • Disabled a huge banner not seen since 1985 and Angus Menzies • Homeless, Clerk to the Master Mariners and never shy of a challenge saw to it that it was displayed on the Quarterdeck.
Whilst all this was going on, apparently biblicalstyle downpours were being had all over London- oblivious to all that drama we ended our lunch and trooped back to the quarterdeck where Coffee, Cigars, and Cognac awaited us( I did mention that our Livery enjoyed dining on the High C’ s..) and which seemed to hit the mark – Liveryman Jemma Freeman had kindly provided the torpedo cigars and had had them placed in souvenir tubes with our Crest emblazoned on it. Several of us also sported a limited edition Livery Smoking hat- originally conceived as a sort of shooting hat, it serves its purpose so well as a“ team” hat, that of the twenty ordered, but one remained by the close of the day! Thank you to the Master Mariners for allowing us the use of the venue, to Tim for being a perfect Principal Guest, and for everyone attending and giving my year such a special start.
The Master
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