The Drapers' Company
We have long since extended our membership from drapers to people of all trades. And still central to the Company is the belief that being a strong and friendly community makes us better able to help others.
Civil War, religious persecution, financial depression, two World Wars – and now Covid. Throughout everything, the Drapers' Company remains a constant. A constant source of philanthropy, opportunity and comfort to those hit hardest in difficult times and today is no different. With clever strategy, pragmatism and determination, Drapers are still finding ways to inspire, befriend and support. It’s a tradition of giving that I’m proud to be a part of.
The Company is governed by a Court of Assistants, presided over by an annually elected Master. The Court consists of the Master, four Wardens and a number of Assistants. Rather like a board of directors, it determines the overall strategy of the Drapers’ Company and oversees the progress of our business and investments. The Court is also responsible for our grant-making strategy, ensuring best practice and compliance with Charity Commission guidance. The Court of Assistants is supported by a Court of Wardens and a number of committees covering investments, finance, charities and membership. All our committee members are volunteers drawn from among our 750 members. The Company’s Clerk, rather like a Chief Executive, leads a small senior management team and a staff of around 30.
Master and Wardens
The Master and four Wardens are elected from the Court and serve for one year from August to July.
A new Assistant is elected to the Court each year from the Livery usually serving as Junior Warden in their first year. After serving on the Court for some years, an Assistant becomes eligible for election as Second Master Warden, Master Warden, and finally as Master of the Company.