Q. Andrew Carnegie’s purpose in establishing the Trust in 1913 was ‘the improvement of the wellbeing of the masses of the people of Great Britain and Ireland’. How has the trust stuck to and developed this purpose in the last 100 years?
The National Fund was set up with £500,000 in 1928, by an anonymous donor – believed to be Stanley Baldwin, who would later become Prime Minister – with the intention of paying off the national debt following the First World War.