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The Stanier Mogul Fund was established in 1970 to purchase and restore [[LMS Stanier Mogul 42968]].<ref>SMF Web site</ref>. It is an unincorporated association with membership available by purchasing shares and payment of a monthly donation. With a view to the future it introduced in 2017 a 'Young Members' Scheme for those aged under 30.
The Fund has successfully planned ahead for the locomotive’s maintenance requirements and holds working parties at the SVR for maintenance, repair and overhaul work. It also makes provisions for the financing of overhauls and is planning for the locomotive's future requirements, with the ambition that it can be in traffic for its Centenary in 2034.
It publishes a ‘Stanier Mogul Fund News’ magazine twice a year and operates an online Members Portal with news and historical information. It collates photographs and other material of the engine and its classmates, with an archive of more than 20,000 sightings of Stanier Moguls and 2,000 photographs.
