Lloyd's Benevolent Fund

Lloyd's Benevolent Fund (LBF), established in 1829 as charity number 207231, is a historic grant-making charity dedicated to providing flexible financial assistance to prevent or relieve poverty and hardship among current or former members of the Lloyd's community—primarily market and Corporation staff with at least five years' service—and their dependants. Rooted in principles of compassion, solidarity, dignity, and discretion, it offers direct, tailored support for urgent needs like medical costs, essential home repairs or adaptations, enforced house moves, and ongoing supplements for basic living expenses, embodying a nearly 200-year ethos of mutual aid within the Lloyd's professional ecosystem.

The Fund prioritises individual welfare over projects, delivering emergency one-off grants or long-term aid following confidential case-by-case assessments by an independent board of Lloyd's-experienced trustees. It sustains operations through investment income and donations, with administrative costs covered by the Corporation of Lloyd’s, ensuring all resources reach beneficiaries UK-wide across England, Wales, Scotland, and Northern Ireland.

Eligibility is strictly for individuals (or via representatives like family or colleagues) connected to Lloyd's staff, excluding underwriting members and organisations; no income thresholds or entity registrations apply. Applications are unsolicited via email on a rolling basis—no deadlines or fixed meetings—with prompt, sensitive processing after requesting a form and providing evidence of need and Lloyd's ties. Grants range from a few hundred to several thousand pounds, scaled to circumstances.

Distinctive for its deep Lloyd's knowledge, trustee discretion for exceptional cases, and unwavering focus on confidential crisis relief, LBF does not fund charities, capital projects, core costs, or those outside its community remit, setting it apart as targeted poverty alleviation for the Lloyd's family.