During 2017, 110 grant applications were received in the year (153 received in 2016) and 77 grants were awarded totalling £37,111 (In 2016, 87 grants totalling £33,381 were awarded).
The running costs of the Trust are kept to a minimum. The Trust maintains its aim of providing a speedy response to applications, particularly where circumstances warrant prompt attention. The Trustees meet monthly and grant decisions are usually given within six weeks of their receipt, depending on the meeting cycle.
The Trustees continue to prudently retain a close control of the value of grants awarded so as to prevent undue erosion of the Trust capital, particularly in view of current volatile markets.