When Chris Brasher and John Disley founded the London Marathon in 1981, one of their six founding aims was to raise money for sport and recreational facilities in London. Their vision was that the profits from the event should go to a charity and they created The London Marathon Charitable Trust to distribute those profits. Almost uniquely, Chris and John set up the charity as the holding company for the event organisation company to ensure that all the profits from the London Marathon - and future events - would go to The London Marathon Charitable Trust in perpetuity.
For more than 35 years, the London Marathon has been an extraordinary force for good that has inspired millions of people to participate in physical activity. The success of the London Marathon has enabled London Marathon Events Ltd to stage world-class mass participation events in London, Surrey and Northamptonshire.
London Marathon Events Ltd now organises Prudential RideLondon (as the majority shareholder of the London & Surrey Cycling Partnership) in addition to the Virgin Money London Marathon, the adidas Silverstone Half Marathon, the Vitality London 10,000, the Vitality Westminster Mile, the Standard Chartered Great City Race and Swim Serpentine.
After costs, 100 per cent of the surplus is gifted to The London Marathon Charitable Trust which then awards grants to recreational projects in London and other areas where London Marathon Events Limited events are staged – including London, South Northamptonshire and Surrey.
In 2015, The Trust received £5.7 million as a result of London Marathon Events Ltd staging of events.
Held for the first time in 2013, riders in the Prudential RideLondon-Surrey 100 have now raised more than £29 million for charities of their own choice in just three years. This money went, as always, directly to those charities.
Since 1981, more than £64.5 million has been allocated by The Trust in total to more than 1,130 recreational projects. Check out the most recent grants awarded on our LMCT grants page.
Visit The London Marathon Charitable Trust website to find out more about The Trust’s mission, our current funding priorities, our assessment criteria and how to apply for a grant. The site also features a number of case studies on projects we’ve funded recently.