Don’t, ever, establish a charity to inherit your money
One of Britain’s biggest charitable trusts is dismissing its entire board as part of a diversity drive after branding itself “white and privileged”.
The Tudor Trust, which has an endowment of £288 million and received £2.35m of government funding in 2018, wants a “more diverse group” and to put “social justice and anti-racism” at the heart of its work.
The group, which awards about £20 million a year through charitable grants, was founded in 1955 with the financial support of Sir Godfrey Mitchell, founder of the construction company George Wimpey. Several of his descendants have held trusteeships, including Matthew Dunwell and his brother Benjamin, both of whom could face the sack.
An email from interim chair Raji Hunjan of the Tudor Trust, seen by The Telegraph, reveals that the charity plans a “wholesale change” of the family-led board. New trustees and a permanent chair “more representative of the demographics and lived experiences of the communities we serve” will be appointed instead. The overhaul is expected to be complete by August 2024.
Because this is what will inevitably happen. Whatever you meant, thought, the money would be spent upon it will just end up as the same group of twats spending it on their wishes. However you write the rules, it’ll still end up this way. Whoever Popham was, you really think s/he meant to fund Spud?
Hell, sign it over to the Treaury rather than this monstrosity.