Man Group plc Charitable Trust (the ‘Trust’)
Trust history and governanceThe Trust was established in London in 1978 to formalise the Group’s charitable activities and to establish an appropriate governance structure. Under the Trust Deed, the Chairman of the Group Board is also Chairman of the Trustees, while remaining Trustees are drawn from Group and business functions.
The Trustees discuss proposals, with a majority needed to approve specific donations; consensus is generally achieved. The Group Board has discretion to make ad hoc donations for disaster relief, paid either through the Trust (with Trustees’ approval) or through the Group, depending on the circumstances.
The Trust has independent status and is governed by a Board of Trustees drawn from a cross section of Man Group. The Board of Directors is represented by the Chairman. Group is represented by two Trustees who are employees, while Man Financial and Man Investments have two employee Trustees each. The Trust also has a Secretary, employed by Man Group.
Man Group plc Charitable Trust is likely to support...Charities that help young people
- To develop self-esteem
- To overcome problems that prevent them from reaching their potential
-
Such charities may be involved in:
- Educational establishments
- The Arts
- Sport
- Music
- Other activities
-
They can also include charities addressing problems affecting young
people, such as:
- Addiction
- Homelessness
- Health issues
Supporting, for example, research into methods of treatment or rare conditions.
One-off disaster or emergency appeals
The ArtsThe Trust will continue its longstanding support for the Arts.
Organisations/requests unlikely to receive support-
The Man Group does
not as a rule support:
- Large national charities
- Charities which use external fund raising agencies
- Animal charities
- Charities primarily devoted to promoting religious beliefs
- Endowment funds
- Requests that directly replace statutory funding
- Individual beneficiaries
- Successful applicants in the previous twelve months