ABOUT THE FUND
The Fund was created as a registered charity in 1967 to mark the 250th Anniversary of the foundation of Grand Lodge.
An appeal was launched to raise money for the Fund by the then Grand Master, the Earl of Scarborough. It was always the aim to support the work of the Royal College of Surgeons of England and since 1967 about £5.4 million has been given in grants to the College. The Fund did not receive any additional capital donations after the original appeal in 1966/1967 until 2014 and it has not been part of the festival system.
By virtue of prudent investment and making grants of an amount in keeping with available income, the capital value of the Fund has grown but the Trustees were delighted when the Supreme Grand Chapter resolved to launch an appeal for the work of the Royal College of Surgeons of England in recognition of the 200th anniversary of the establishment of the Royal Arch.
The generosity of the Royal Arch Masons and Freemasons generally, resulted in the sum of £2,424,900 being raised, greatly exceeding expectations. It was decided that the funds raised by the appeal should be invested and administered together with the Grand Lodge 250th Fund.
The income from this additional funding is sufficient to support four or five Fellows each year. They are members of the College and they are publicly acknowledged as supported by the Fund. As the cost of support continues to increase, further donations will ensure this level of support is sustainable. Currently Fellowships are allocated to the Craft and the Royal Arch in proportion to the contribution of funds, so that there will be two Royal Arch Fellows for every five fellowships supported.
The Fund is controlled by Trustees, appointed by the Grand Master, and advised by independent external investment advisors and accountants:
Justin Ash (Chairman)
Antony Narula MA MB BChir FRCS FRCS (Ed)
The Lord Ribeiro CBE FRCS
Julian Soper MA (Oxon), FCSI
Michael Messent (Secretary)