The Coventry Freemen'S Charity

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Finances

£1,193,321 latest income

What it does

Charitable objects

Clause 30 “Application of income – subject to the payments aforesaid the Trustees shall apply the income of the Charity in the making of discretionary payments known as Scheme Benefit Payments or for relief in need in accordance with the provisions hereafter contained.”Clause 32 “Qualifications of Scheme Benefit Payment recipients – The Scheme Benefit Payment recipients shall be needy freemen of the City of Coventry and their dependents and the widows, widowers or other former dependents of a deceased freeman of the said city who are resident within the United Kingdom. Preference shall be given to persons qualified as aforesaid who are aged.”Clause 33 – “Scheme Benefit Payments – (1) There shall be paid to each recipient under clause 32, out of the income of the Charity, a discretionary Scheme Benefit Payment of an amount to be determined by the Trustees from time to time – provided that instead of paying the whole of the Scheme Benefit Payment to any recipient in money, the Trustees may expend all or part thereof for the recipient’s benefit in such ways as they think fit.”(2) The Trustees shall review every Scheme Benefit Payment on a regular basis and upon review may continue or discontinue the payment.(3) Nothing in this clause shall preclude the payment of different amounts of the Scheme Benefit Payment being paid to qualified applicants.”Clause 37 – “Relief of need – (1) The Trustees shall apply the income of the Charity for the prevention or relief of poverty or financial hardship by making grants of money or providing or paying for items, services or facilities to individuals in need including but not limited to:-(i) either generally or individually, persons having like qualifications to the recipients of the Scheme Benefit Payments (whether or not such persons are already in receipt of a Scheme Benefit Payment); and/or(ii) charities, or other organisations working to prevent or relieve poverty or financial hardship.(2) Without limitation to the generality of the foregoing in (1), for the prevention or relief of poverty or financial hardship, the Trustees may pay for such items, services or facilities by way of donations or subscriptions to institutions or organisations which provide or which may undertake in return to provide, for such items, services or facilities for such persons."

Governing document: SCHEME OF 29 DECEMBER 1978 as amended on 31 Jan 2025 as amended on 31 Jan 2025 as amended on 31 Jan 2025 as amended on 31 Jan 2025 as amended on 31 Jan 2025 as amended on 31 Jan 2025 as amended on 31 Jan 2025 as amended on 31 Jan 2025 as amended on 31 Jan 2025 as amended on 31 Jan 2025 as amended on 31 Jan 2025 as amended on 31 Jan 2025 as amended on 31 Jan 2025 as amended on 31 Jan 2025

Trustees (9)

• John Wilkinson Chair since 2022
• David Bullman since 2015
• David Mander since 2017
• George Wilkinson since 2017
• Michael Rawson
• MR David Handfordage 58
• Peter Gordon Rosier since 2019
• Raj Bansal since 2022
• Steven John Rawson since 2022

Connected charities (1)

• The Trinity Lodge Benevolent Fund 1 shared trustee