The Livery Newsletter and Gazette Issue 28 Winter 2017 | Page 8

The Tobacco Pipe Makers and Tobacco Trade
Benevolent Fund
The lunch was deliciously catered by Mark Grove
and his team at Cook & Butler and we cracked
goodly 2017
pace.
Our
guests through
were admirably
The audited Annual Report and Financial Statements for the along
year to at 31 a March
may
accessed
this link:
http://www.tobaccolivery.org/content-documents/2617/tpmtbbf-2017-signed-accounts.pdf
introduced by Liveryman Fran Morrison and our
Principal Guest, Tim Wonnacott gave a generous and
very humorous
The highlights of the Financial Statements are:
Donations
were reply
made to
to: which I responded initially
by drenching poor Tim in a glass of water - he was
• Total income and endowments were £373,581, down
Sevenoaks
School
very
kind about
it (sorry Tim!). I was very 500
pleased
from the previous year’s total of £453,639.
to Arundel
show off Castle
the newly
found
Livery Grant of 10,000
Arms
Cricket
Trust
• Investment income was 2% higher at £229,483.
and
Letters School
Patent of
which
have
missing 15,000
for many
Guildhall
Music
and been
Drama
• Donations were 31% lower at £120,713, due mainly
years
-
our
Clerk
tenaciously
sought
them
out,
and
Barrow Farm Riding for the Disabled
12,000
the timing of donations from the tobacco companies the new Immediate Past Master, Chris Allen, and his
Sheriffs' & Recorders' Fund
5,000
to the Welfare Fund.
IPM, Mark Gower-Smith have funded a beautiful re-
CCHF – All and
about
Kids
5,000
presentation
they
are now resplendent in
frames
• Donations from Liverymen and Freemen were
Pembroke
House
(Music
project)
10,000
approximately £2,200 lower than the previous year.
carved with tobacco leaves (or close to); Sandra also
It is disappointing that almost 50% of freemen and
Pembroke
House
(Dance
10,000
located
a huge
banner
not project)
seen since 1985 and
Angus
liverymen do not donate to the Benevolent Fund.
Menzies,
Clerk to the
Master & Mariners and 2,500
never shy
London Regiment
Welfare
of Benevolent
a challenge Fund
saw to it that it was displayed on the
The Welfare Fund
Quarterdeck.
St Lawrence Jewry
1,000
• Relief and grants made by the Welfare Fund were 1%
S Pinter
Project
10,000
Whilst
all Youth
this was
going on, apparently biblical-
lower at £190,028.
style
downpours
Bobath
Centre were being had all over London
5,000
• Maintenance grants made by the Welfare Fund were
- Master's
oblivious Donations
to all that drama we ended our lunch
3,800
broadly in line with the prior year at £29,400 while
and
trooped
back
to
the
quarterdeck
where
Coffee,
Mark Evison Foundation
5,000
pensions and general relief were 11% lower at £61,397.
Cigars,
and
Cognac
awaited
us
(I
did
mention
that
One-off grants were 14% lower at £25,506 but Welfare Pro-Action
5,000
our Livery enjoyed dining on the High C’s..) and
Assistance rose 12% to £35,509. TV rentals and
Katherine Low Settlement
5,000
licences combined with Christmas and birthday gifts which seemed to hit the mark – Liveryman Jemma
Spitalfields
Trust
11,000
Freeman
had Crypt
kindly
provided the torpedo cigars
were 5% higher at £32,684.
and
had had
them placed in souvenir tubes 6,250
with our
Physics
Partners
The General Fund
Crest
emblazoned
on
it.
Several
of
us
also
sported
Other regular grants
4,400
a
limited
edition
Livery
Smoking
hat
-
originally
Total charitable activities
126,950
• The funds available to the Trustees to make grants
conceived
as
a
sort
of
shooting
hat,
it
serves
its
to various charitable causes are determined by
purpose so well as a “team” hat, that of the twenty
the Annual Grant Target. The target is based on
ordered, but one remained by the close of the day!
investment income and regular donations less
Thank you to the Master Mariners for allowing us the
governance costs and a surplus from the prior year.
use of the venue, to Tim for being a perfect Principal
The Annual Grant Target was £140,813 and grants
Guest, and for everyone attending and giving my
made amounted to £126,950. It has been decided to
carry £13,300 over to the Annual Grant Target of the year such a special start.
current year.
• The budget for the Master’s donations is derived
from the income generated by the Robert Freeman
The Master
Master’s Fund. The budget was set at £3,800 and
fully distributed.
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