All your donations to the Trust go to capital, and the investment income is distributed after allowing for any necessary transfers to and from reserves. Your Trustees follow broad guidelines approved by the Court of Assistants and by you at a meeting in Common Hall. Apart from supporting training in the craft, the Lord Mayor's Appeal and St Margaret Pattens, the guidelines are based on three premises.

The first premise is that, as a small charity, support by us for major national charities in such fields as medical research would be so infinitesimal as to be ineffective. The second is that we can, from the applications we receive and enquiries and visits we make, support small charities who have innovative solutions to problems. The third is that the City is the wealth hub of the nation, surrounded by a belt of deprivation in the inner boroughs.

Your contributions, therefore, go to a variety of causes, for example the support for hospices in London where the service is free, addiction rehabilitation centres where the person who persists with the treatment is carried through to a job and a home, charities training the disabled for employment and similar small charities where our size of contribution can make a real impact.

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