The Replacement of the Ludlow Municipal Charity Trustees by the King Edward VI Charity Trustees and by the Foxe’s Charity Trustees

After only a few years of operation, it became clear that the responsibilities of the Ludlow Municipal Charity Trustees were too wide. Pressure for education reforms led in 1876 to the division of the estates between the Governors of Ludlow Grammar School on the one hand and the King Edward VI Charity Trustees and the Foxe's Charity Trustees on the other. The King Edward VI Charities and the Foxe Charity were kept separate for historical reasons and because of different patterns of land ownership but the Trustees were the same persons acting in different capacities.

Initially the King Edward VI Trustees had responsibility for all remaining charities except Foxe's Charity, but by a scheme of 1918 those relating specifically to the parish church were put under separate management. This left the King Edward VI Charity Trustees — still 17 in number — responsible for Hosyer's Almshouses and a host of minor charities, those listed opposite and on pages 12 and 13. Both the King Edward VI Trustees and the Foxe Trustees have employed a salaried clerk to administer their affairs. In both cases most of their assets have been transferred into invested capital, the interest from which meets their revenue and operational costs.

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