On 1 July 1980 a Trust Deed was signed by the then Master, Wardens and Members of the Court of Assistants establishing the Worshipful Company of Plaisterers’ Charitable Trust (Registered Charity Number 281035) as a registered charity with the Charity Commission, to be the active conduit for awarding bursaries, grants, sponsorship and undertaking other charitable activities on behalf of The Plaisterers’ Company.
Although the Company is “the Custodian Trustee”, the Charity is an independent entity, governed by Charity Law and managed by seven Trustees appointed in accordance with the terms of the Trust Deed.
The current Managing Trustees for 2020 – 2021 are:
Three Ex-officio Managing Trustees, who are the following Officers for the time being of the Company:
1: The Master – Margaret Coates
2: The Deputy Master – Alderman Alison Gowman
3: The Clerk – Colonel Garth Manger OBE
Four Managing Trustees appointed annually (in July) by the Court of Assistants:
1: Past Master Peter Baker (Chairman and the Company’s Charity Steward)
2: Past Master Bill Mahony
3: Liveryman Barbara Cook
4: Liveryman Adam Edwards
Together with Liveryman Paul Infield, who is a co-opted member of the Trustees’ Committee.
The Objects of the Charity may briefly be summarised as providing for:
1: Assistance to any Liveryman or Freeman of the Company, their spouses, or dependents (including the education of their children), who may fall on hard times;
2: the education and training of individuals, or organisations, connected with the industry or craft of plastering and dry lining, either in the City of London or elsewhere; and
3: any other charitable purpose, including support for the Lord Mayor’s annual appeal and the Master’s chosen charity for the year.
Since the Charity was established in 1980, there have been three major appeals to Liverymen and Freemen, resulting in the creation of Designated Funds, the income from which supports the following three annual Bursaries: –
- The Harry Humber Bursary for a music-based initiative.
- The Henry Mott Bursary for a chorister at Peterborough Cathedral.
- The 500th Anniversary Bursary for a chorister at St Paul’s Cathedral.
The Charity has also received donations, which are retained in Restricted Funds, the income from which is used for the following specific purposes: –
- The Manchester & Salford and Restricted Training Fund, resulting from the proceeds on the winding-up of the Manchester, Salford and District Building Trades Employers’ Association in 2002, together with a significant donation from a Liveryman in 2007, for education and training in the quality and diversity of plastering and dry lining skills in the UK;
- The Spurling Bursary, established in 2017 by Liveryman Andrew Spurling in recognition of the 200th Anniversary (1817 – 2017) of some twelve Spurling members of the Spurling family, of whom seven were former Masters of the Company, for the education and training of a plasterer in heritage skills plastering.
Over the years the Charitable Trust’s funds have increased in value from an initial £2,000 in 1980 to almost £2.2 million today and are professionally managed on behalf of the Trustees by Rathbone Investment Management Ltd, with the annual income from investments and other donations and legacies (currently about £100,000) being used for the payment of bursaries, grants and sponsorship.