Governance and Named Funds
The John Laing Charitable Trust (JLCT) currently has fiveTrustees: Sir Martin Laing, Christopher Laing, Lynn Krige, Chris Waples and Dan Partridge.
The right to appoint Trustees lies with John Laing plc. All Trustees have some connection with the Company.
The Trustees meet formally several times throughout the year. In between meetings, established procedures are followed for decision making and approval of payments.
As a registered charity, JLCT abides by the rules of the Charity Commission and Charity Law.
The John Laing Charitable Trust (JLCT) has set up ‘named funds' in five local/county community foundations, namely: Cumbria, Tyne & Wear, South Yorkshire, Bristol and Hertfordshire.
These are endowment funds to provide on-going support to local charities.
Applications to these organisations should be made directly to the foundation concerned.
There are a number of other Laing Trusts and these are administered independently.