Identity area
Type of entity
Authorized form of name
Parallel form(s) of name
Standardized form(s) of name according to other rules
Other form(s) of name
Identifiers for corporate bodies
Description area
Dates of existence
History
In 1803, Lloyd's Patriotic Fund was established at a general meeting of the subscribers of Lloyd's. It was known as the "Patriotic Fund" until the 1850s when the title Lloyd's Patriotic Fund was adopted. The Fund was governed by a Committee, later known as the Trustees, and administered by a Secretary. The Fund has extensive connections with Lloyd's, but is an independent charity.
Its original purpose was to provide relief for men wounded in military action (with both the army and the navy), to support the widows and dependents of men killed, and to grant honorary awards in recognition of bravery. These awards usually took the form of swords or vases, although recipients could choose to accept money instead. A total of 153 swords and 66 vases, many of which survive today, were commissioned by the Fund between 1803 and 1809, when honorary awards ceased.
In addition, the Fund took a keen interest in the education of children of men who had been killed in battle. Financial assistance was provided to a number of educational establishments. Most notably, in 1806, a grant was made to the Royal Naval Asylum (also known as Greenwich Hospital School and the Royal Hospital School), at Greenwich, and later at Holbrook, in Suffolk, which allowed the Trustees to nominate children to attend the school. The Fund's association with the school continues today.
Between 1805 and 1812, the Fund was also involved in sending money to English prisoners of war in France. The money was distributed by a Committee of prisoners at Verdun and was used to provide living allowances, a hospital and schools for children held captive.
The Fund was closed to new cases from February 1825 as it was considered that the Fund had fulfilled its original purpose. Following military action in 1841, however, the Fund was re-established on a broader basis and cases were once more heard. By 1918, the Fund had expended over £1 million.
Lloyd's Patriotic Fund continues to this day to provide financial assistance to former servicemen and women, their widows and dependants.
The Secretary of the Fund had offices at the following addresses: Lloyd's Coffee House at the Royal Exchange, 1803-13; 45 Lothbury, 1813-28; 8 Royal Exchange Gallery, 1828-38; 37 Old Broad Street, 1838-48; Sun Chambers, Threadneedle Street, 1848-57; County Chambers, 14 Cornhill, 1857-99; Brook House, Walbrook, 1899-1928; Lloyd's of London, Lime Street, 1928-.
The meetings of the Trustees were held at the following addresses: Lloyd's Coffee House at the Royal Exchange (in the Merchant Seamen's Office or in the Old Committee Room), 1803-28; 8 Royal Exchange Gallery, 1828-38; 62 Old Broad Street, 1838-42; Gresham Chambers, 75 Old Broad Street, 1842-8; the Fund's offices, as listed above, 1848-1928; and finally at Lloyd's of London, Lime Street, 1928-.
Records of the Fund were partially destroyed in the fire at the Royal Exchange on 10 January 1838.