The Weavers’ Company Benevolent Fund was set up in 1973 with funds from The Worshipful Company of Weavers, which is the oldest City of London Livery Company and has a history dating back before 1130 AD.
The Benevolent Fund is the Charity through which the Company directs its main charitable giving and the Charitable Grants Committee apply the income to support work in the following areas of interest.
- Young Offenders
- Prisoners and Ex-prisoners
- Young disadvantaged people, especially those at risk of criminal involvement
They are especially interested in helping smaller organisations which offer direct services. Organisations must normally be registered charities or in the process of applying for registration. The Company will consider funding up to £15,000 per annum and will normally award a grant for one year only. To make sure grants of this size have an impact, we will not normally fund large organisations.
Applicants must show that they have investigated other sources of funding and made plans for the future, which should include replacement funding if appropriate.
Though income is not a barrier to an application being considered, the Committee’s preference is to support small organisations. Local organisations such as those working in a village, estate or small town should normally have an income of less than about £100,000. For those working in larger cities and/or across the UK, income should not be more than £250,000.