The primary areas supported are social needs; youth; education; environment; social enterprise; health care; culture and the arts; and projects that will benefit Greater Bristol and its economic development.
The next application deadline is:
– 5pm on Tuesday 14 June 2022 for consideration at the July 2022 meeting.
Click here to find out which organisations we have most recently supported with charitable grants.
Click here to view our Annual Report and Financial Statements for the year ended 31 December 2020.
Edmonds and Coles Scholarships
SMV provides administrative support to the Edmonds and Coles Scholarships Charity, an education charity that provides grants and scholarships to young people.
The Edmonds and Coles Scholarships Charity makes financial grants, usually between £100 and £1,000 for any educational purpose approved by the charity’s governors. Grants might cover the purchase of books or equipment needed for education or training, or help with travel costs.
In 1708, Edward Colston appointed the Society of Merchant Venturers to manage the Colston’s Hospital Foundation, which went on to become Colston’s School and Montpelier High School and, since then, SMV has managed a number of other trusts. By far the largest is the St Monica Trust endowment fund, currently valued at over £300 million.
Since the end of World War II, part of the St Monica Trust endowment fund has been held in agricultural estates, stocks and shares, which has proven to be a wise investment and provides long-term financial security for the St Monica Trust. The estates, which total around 19,250 acres, are managed by SMV’s Estates and Property Sub-Committee, with professional advice.
By agreement with the Charity Commissioners, the funds of charities too small to be invested separately are held in the Society of Merchant Venturers’ Charity Investment Pool. The funds are managed by finance and investment sub-committees, which take professional advice as appropriate. For a list of managed trusts, please click here.