Creating a Charitable Trust to Manage the Archive
Legal and financial considerations (including terms of deposit)
Charitable trusts can be set up in a variety of ways and you should take legal advice to find the best option for your company.
Examples of business archives established as charitable trusts:
- Sainsbury Archive transferred out of company ownership in 2003 when the Sainsbury Study Centre was established as an independent charitable trust and located at the Museum Of London Docklands Library and Archives. It receives ongoing support from the Sainsbury Family Charitable Trusts and J Sainsbury plc. For more information visit the Sainsbury Study Centre website.
- In 1999 the ownership of the Rothschild Archive was transferred to The Rothschild Archive Trust, an independent body of family members and advisers committed to securing the future of the collection and to developing its use by the academic community. For more information visit http://www.rothschildarchive.org
- In 1995 ING Group NV acquired the Baring Archive when it acquired Barings Bank. More recently ING has arranged for the establishment of The Baring Archive Ltd, a charitable trust, formed to manage the collections and exploit their educational potential. For more information visit http://www.baringarchive.org.uk
- The Postal Museum is the public identity of the Postal Heritage Trust. This charitable trust was established in 2004 to manage the public records of The Royal Mail Archive, and to develop access to the museum collections of the former National Postal Museum. For more information visit https://www.postalmuseum.org/