A key source of funding for the Trust
It is always difficult to raise the issue of legacies, but they do play a significant part in enabling the Trust to achieve its objective.
The Trust secures all income for its day-to-day operations from membership subscriptions, The Red Wheel and Awards programmes are partly funded from any operational surplus, from specific donations received during the year and our annual raffle.
However, these funds fall short of what is needed to support our Awards and Red Wheel schemes, so this significant shortfall is funded from past legacies.
Like many other charities, without legacies The Trust’s financial position would not enable us to recognise the work that goes on in Transport Preservation and highlight Transport Heritage sites of special interest with a Red Wheel plaque.
Legacies can be large or small, funds donated in this way are a vital element in ensuring the continuation of our work to preserve and recognise our Transport Heritage.
A legacy donor can specify the particular Transport area to benefit, if they wish. Via the Awards programme, our team of inspectors ensures projects supported are fully worthy of a Transport Trust restoration award.
A legacy donation can thus bring great benefit to the Transport Preservation movement and, as we are a charity, it does have benefits for the donor’s estate.
Leaving a legacy simply involves mentioning the Transport Trust (charity number 280943) in your will, with a statement of your wishes.
The Transport Trust,
26 Station Approach,
Registered No. 1509733. Registered under the Charities Acts No. 280943.