It always had a role as a benevolent organisation for members and its main role now is the administration of a number of charitable trusts. This fund was created by two large donations from the company in 1959 and 1965.
What does it support? Since 2003, it has been making awards in four broad categories: the relief of need, in particular poverty, disability and disadvantage; education and training; culture and religion; and where there is a historical link with The Drapers' Company, particularly projects in Draperstown, Northern Ireland. It specifically welcomes educational projects with socially excluded young people aged under 25 in "inner-city areas such as London, Birmingham and Liverpool". Grants must not replace statutory funding and may go towards equipment, training and other needs, including contributions towards core costs.
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