Sheffield City Trust
The Trust was established in 1988 with three charitable objects:
- provide recreational and other leisure facilities of a high standard and as economically as possible
- promote the physical health of the inhabitants of the City of Sheffield
- encouragement of the Arts, and the acquisition, preservation, restoration and maintenance of buildings of historical interest in Sheffield.
The charity is funded via its three wholly owned subsidiaries, Sheffield International Venues Ltd, Sheffield City Hall Limited and Sheffield Festival Limited. It operates the following venues:
- Ponds Forge International Sports Centre
- Sheffield Arena (managed by Live Nation)
- Don Valley Stadium
- English Institute of Sport - Sheffield (Venue Management only)
- Woodbourn Road Athletics Centre
- Tinsley Park Golf Course
- Beauchief Golf Course
- Birley Wood Golf Course
- Concord Sports Centre
- Hillsborough Leisure Centre
- Sheffield City Hall (managed on a 99-year lease from Sheffield City Council)
The trust always plays significant roles in the ‘Race for Life’ events and the ‘Sheffield Half Marathon’.
In 2005–6 the Trust had an income of £56.7million, expenditure of £55.8million and held assets valued at £316million. It is one of the 100 largest UK charitable organizations ranked by annual expenditure. The current chair of the Trust is Howard Culley, the previous chair (1997-2008) was Paul Blomfield.