The T.U.U.T. Charitable Trust was set up by the trade union movement in 1969 for the sole purpose of owning TU Fund Managers Limited. The intention was - and still is - that profits distributed by the company should go to good causes rather than individual shareholders.

It is a requirement of the Trust Deed that all the trustees must be trades unionists, the intention being to ensure that causes benefiting should broadly be those that would be supported by the movement. Trade unions - and indeed individuals - are free to nominate favoured causes, all of which are reviewed by the trustees before any payment is made. The current trustees at 1 May 2008 are:

- The Lord Christopher CBE
(formerly General Secretary IRSF now PCS)

- Brendan Barber (General Secretary TUC)

- Michael Bradley (General Secretary GFTU)

- Lord Brookman (formerly General Secretary ISTC now Community)

- Ed Sweeney (former deputy General Secretary Amicus now ACAS)

- Alan Tuffin CBE (formerly General Secretary UCW now CWU)

- Michael Walsh (ISTC)

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