The ongoing objective is to raise funds for the long-term preservation of rolling stock belonging to the Trust. Other recent initiatives have included funding for the SVR’s Heritage Skills Training Academy, and arranging Heritage Lottery support for the restoration of [[GWR 4930 Hagley Hall | 4930 Hagley Hall]] and for the SVR Future Fund Endowment.
The Charitable Trust owns [[GWR 7819 Hinton Manor]], together with a number of [[Carriages | carriages]]:
*Some of these carriages were formerly owned by a separate body, the L.M.S & B.R. Coach Fund. The Coach Fund donated them to the Charitable Trust in 2007, following which it became a department within the Charitable Trust. The department maintains a [[L.M.S. & B.R. Coach Department Sales Coach | sales coach]] at [[Bridgnorth]].
*Three carriages were also acquired from [[The LNER (SVR) Coach Fund | the LNER (SVR) Coach Fund]] in 2010, at which time [[The LNER Carriage Group | the LNER Carriage Group]] similarly became a department within the Charitable Trust.
*In early 2016, the [[The LNER (SVR) Coach Fund|LNER (SVR) Coach Fund]] and the [[Severn Valley Railway (Holdings) PLC|SVR Holdings Company]] transferred the ownership of their LNER carriages to the Charitable Trust, resulting in the Trust now owning all nine LNER carriages based on the SVR.