How we manage our money
The initial gift of £200 made by Dr Thomas Edwards in 1618, and other benefactors since, has been carefully invested over the generations.
The lands bought are now 92 flats for use of older people in our community and heavily protected by trust. The Charity has a strong investment portfolio which is managed by Cazenove Capital.
We are financially independent. This means that we can invest in high-quality housing for the older people who live in our almshouses. We can also take risks on new initiatives that will benefit our community and we can act as a neutral partner advocating for our community and the organisations we support.
Our annual account and business plans are agreed by the Board every year, and show in more detail how we have used our money and other resources.