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Tidy up part 4
Severn Valley Railway Charitable Trust Ltd is a Registered Charity, Number 1092723, for the purpose of raising funds to support the SVR. It is commonly referred to on the SVR as the '''Charitable Trust'''. Its objectives are to help fund restoration and maintenance projects, to help arrest the decline of heritage engineering skills and to safeguard the long-term future and operational capability of the Railway.
It is a membership body. Governance is through up to nine trustees, including ex officio the chairman (or their nominee) from each of [[SVR(H)]] and [[Severn Valley Railway Company Limited]]. Its salaried director of development is Shelagh Paterson.
== Origins and Objects ==
*''the provision of facilities for the education, training and certification of trainees in the practicalities, techniques and methods used in the restoration, repair and operation of historic railways''"
On 29 June 2012 the Trust took on a wider remit as the SVR's general charitable trust, for which purpose it adopted its present name.<ref>SVR News 178</ref>  The Charitable Trust was the SVR's 'owner of last resort', "''...ensuring that various locomotives, coaches and wagons that have been lovingly restored over many years by SVR volunteers can remain at the Railway, in perpetuity. As the members of the many preservation groups inevitably age and their numbers dwindle, items of rolling stock can be donated to the Charitable Trust, in order to be absolutely certain they will remain at the Railway for the long-term.''"<ref>[https://www.svrlive.com/charitable-trust Statement from Director of Development, November 2016 on SVR Live]</ref> The current (2019) Articles of Association state that:<ref>[https://beta.companieshouse.gov.uk/company/04341280/filing-history?page=1 Companies House]</ref>
"''The Charity’s Objects are specifically restricted to the following'':
*''the provision of educational and interpretive displays for the travelling public and''
*''the provision of education and skills training used in the restoration, repair and operation of historic railways to ensure their long term survival''"
 
The Charitable Trust was the SVR's 'owner of last resort', "''...ensuring that various locomotives, coaches and wagons that have been lovingly restored over many years by SVR volunteers can remain at the Railway, in perpetuity. As the members of the many preservation groups inevitably age and their numbers dwindle, items of rolling stock can be donated to the Charitable Trust, in order to be absolutely certain they will remain at the Railway for the long-term.''"<ref>[https://www.svrlive.com/charitable-trust Statement from Director of Development, November 2016 on SVR Live]</ref>
The Trust is a member of the Heritage Trust Network, an umbrella organisation for built heritage preservation groups and individuals formed in 2016 from the Association of Preservation Trusts (UK-APT). Members work to restore built heritage and bring historic buildings back into community use.<ref>[http://www.heritagetrustnetwork.org.uk/our-members/severn-valley-railway-charitable-trust/ www.heritagetrustnetwork.org.uk]</ref>
===Shareholding in SVR(H)===
The Trust is a [[Severn Valley Railway (Holdings) PLC#Notable_shareholdings|minor shareholder in SVR(H)]] by way of donated or bequeathed shares. In the 2012 Share Offer existing shareholders with small numbers of shares who did not want to increase their holding were invited to donate their shares to the Trust. In 2019 the market value was £24,435.
==Support==
*At [[Falling Sands Viaduct]] it raised £1.25m for major repairs, completed in 2021.
*Applications for the [[2020 coronavirus disease (COVID-19) pandemic|Fight Back Fund]] for which the SVR received £250,000 grant from The [[:Category:Lottery funding#National_Lottery_Heritage_Fund|National Lottery Heritage Emergency Fund]] and £906,000 from the Culture Recovery Fund.<ref>[https://www.shropshirestar.com/entertainment/attractions/2020/07/15/severn-valley-railway-receives-250000-funding-boost-ahead-of-reopening/ Smith, R., 'Severn Valley Railway receives £250,000 funding boost ahead of reopening', Shropshire Star, 15 July 2020] (Retrieved 15 July 2020)</ref><ref>[https://www.gov.uk/government/news/445-heritage-organisations-saved-by-103-million-investment-from-government Department for Digital, Culture, Media & Sport] (Retrieved 9 October 2020)</ref>
 
===Charitable expenditure===
The report and accounts and [https://register-of-charities.charitycommission.gov.uk/charity-search/-/charity-details/3988604/financial-history Charity Commission website] record expenditure on charitable activities by year. An incomplete record follows:
 
{| class="wikitable"
| <b> Financial year ending</b> || style="text-align:right;" | <b>Amount</b> || <b>Notes</b>
|-
| 2016|| style="text-align:right;" | £166,770 ||
|-
| 2017 || style="text-align:right;" | £436,890 ||
|-
| 2018 || style="text-align:right;" | £382,580 ||
|-
| 2019 || style="text-align:right;" | £695,990 ||
|-
|}
==Fundraising==
The Trust receives funds from single donations and regular giving, grant making bodies, companies and groups and gifts in Wills.
In its early years it appointed Compton Fundraising Consultants. It subsequently moved to a staff and volunteer based model.
It has sought to develop large scale fundraising, including [[:Category:Lottery funding#National_Lottery_Heritage_Fund|lottery]] funding.
*It has the support of Corporate partners
In May 2016, the Trust secured a grant of £75,000 from the Department for Transport towards a project to adapt a carriage to wheelchair use to complete the SVR’s fleet of accessible carriages, and rebuilding a second carriage to provide wheelchair-accessible dining facilities.
===Fundraising events===
*June 2016: Charity Race Day at Worcester Racecourse raising £22,000<ref>[http://www.malverngazette.co.uk/news/14576040.Charity_race_day_gets_Severn_Valley_Railway_on_right_track/ James Connell, 'Race day at Worcester supports Severn Valley Railway's Heritage Skills Training Academy', Malvern Gazette 23 June 2016] (Retrieved 5 March 2017)</ref>
*September 2016: VIP Flying Scotsman Charity Day<ref>[http://svrtrust.org.uk/news/flyingscotsman.html Charitable Trust Flying Scotsman page]</ref>
*The Charitable Trust took over the organisation of the annual [[Peep Behind the Scenes]] day for 2017.
*14 June 2017: Charity Race Day at Worcester Racecourse raising £23,000.<ref>SVR Twitter 15 June 2017</ref>
*11 June 2018: Annual Charity Race Day at Worcester Racecourse raising £13,000.<ref>[https://www.svrlive.com/epjuly18 'Express Points', July 2018]</ref>
 
The Charitable Trust took over the organisation of the annual [[Peep Behind the Scenes]] day for 2017.
===Endowment Future Fund===
===Current appeals and restricted funding===
The Trust's website lists its current appeals (11 as at 2021) and the annual report and accounts details funds restricted funds by the donor to particular items or projects (19 as at 2019).
==Rolling stock==
*[[Hinton Manor Fund]] (ownership of [[GWR 7819 Hinton Manor]])
*[[Kidderminster Shunter Fund]] (ownership of [[BR Class 11 12099]])
*L.M.S. & B.R. Coach Fund transferred ownership of its carriages to the Charitable Trust in 2007, following which it became a department within the 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.
Trustworthy, administrator
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