The Eric Wright Trust is a charitable body that was formed by Mr Eric Wright in 1990 with the aim of creating a stable environment for commercial and charitable partnering opportunities, both internally and with local authorities, educators and charitable bodies.
Originally vested with 49% of the shareholding, The Trust is now the sole owner of 100% of The Group shareholdings, following the gift of his remaining shares by Mr Wright.
This organisational structure enables The Trust to develop long-term charitable relationships within the local community by freeing The Group from the short term perspective of institutional shareholders. It also provides stable employment for our staff, most of whom are permanent residents of the local area.
The principal charitable aims of The Trust were to help causes that encourage the education and development of disadvantaged young people and to support the local community.
In addition to its ongoing involvement with local charities, The Trust is also directly involved in two of its own:
Water Park Lakeland Adventure Centre: based at Coniston, the centre provides outdoor adventure facilities, working particularly with socially and physically disadvantaged groups
Eric Wright Learning Foundation: working with Preston’s College, The Foundation helps to provide vocational learning as part of the College’s overall curriculum
Whilst many commercial organisations donate a proportion of their profits to charitable causes, the ownership of The Eric Wright Group by The Trust has created a unique long-term partnership between the commercial and charitable arms that enables the entire organisation to function as a social enterprise.