Endowment / Foundation

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The Eric Wright Charitable Trust

The trust sits atop the Eric Wright Group, a construction-to-property enterprise that Eric Wright founded in Preston nearly a century ago. Rather than...

The Eric Wright Charitable Trust logo

The Eric Wright Charitable Trust

The trust sits atop the Eric Wright Group, a construction-to-property enterprise that Eric Wright founded in Preston nearly a century ago. Rather than liquidating the founder's stake at succession, the group's ownership was restructured so that operating-company profits flow into a charitable entity. That structure makes the trust a direct beneficiary of the group's property portfolio, which spans office, industrial, and mixed-use holdings across Lancashire and Greater Manchester. Asset allocation is rooted in the group's own balance sheet. Property holdings include Sceptre House, a commercial building in Bamber Bridge, the Wardley Industrial Estate in Worsley, and Animate Preston, a city-centre leisure scheme that opened in early 2025. Further assets stretch to Hattersley Trade Park in Tameside and Pioneer Place in Burnley. The trust also holds a managed investment portfolio of unspecified composition, pointing to a dual strategy of direct real estate and investable securities. The trust operates through a tight-knit governance circle. Jeremy Hartley runs the Eric Wright Group as CEO; Gill Chadwick serves as CFO and also leads Wrightcare, the group's care-home division. Alison Wright sits on the trust board, maintaining family oversight of the charitable mandate. The group's membership in the Preston Partnership signals formal alignment with local economic development, not just passive grant-making. What distinguishes the trust is its ownership-concentration model: no external fundraising, no limited partners, and no pressure to mark assets to a quarterly investor timetable. The trust's deployment capacity rises or falls with the Eric Wright Group's own property income, making it a counter-cyclical vehicle embedded in one regional economy rather than a diversified grant-maker shopping for best-in-class managers globally.

General information

Firm type

Endowment / Foundation

Year founded

AUM

Undisclosed

Location

Region

Europe

Country

United Kingdom

City

Preston

Corporate office

Preston, Lancashire, United Kingdom

Principals

Eric Wright

Founder and Chairman

Jeremy Hartley

Chief Executive Officer, Eric Wright Group

Gill Chadwick

Chief Financial Officer, Eric Wright Group

Alison Wright

Trustee

Sector focus

Real EstateCommercial Real EstateIndustrial

Frequently asked questions

How is the trust funded and does it invest externally?

The trust's income derives mainly from the commercial activities of the Eric Wright Group, a construction and property company. Rather than investing as a third-party allocator into funds, the trust holds a portfolio of directly owned real estate assets alongside a managed investment portfolio. The structure behaves more like a property-company balance sheet than a typical endowed foundation.

Who makes allocation decisions for the trust?

The trust operates under a board of trustees that includes family member Alison Wright. The underlying Eric Wright Group is run by CEO Jeremy Hartley, with CFO Gill Chadwick overseeing financial management. Investment decisions for the managed portfolio and property acquisition strategy are made at the group level, flowing-through to the trust's charitable distributions.

What is the trust's geographic investment footprint?

The property portfolio is concentrated in North West England, specifically Lancashire, Greater Manchester, and Cumbria. Holdings include commercial property in Preston, Bamber Bridge, Burnley, and Worsley, plus the Water Park Lakeland Adventure Centre in Coniston. There is no evidence of international diversification in the direct property book.

Does the trust run any adjacent philanthropic vehicles?

Yes. Beyond the Eric Wright Charitable Trust, the entity operates the Eric Wright Learning Foundation, which focuses on educational initiatives. The trust also engages in regional economic-development partnerships through its membership in the Preston Partnership, a private-sector body coordinating Preston's regeneration.

What connection does the trust have to the Eric Wright Group?

The trust is fundamentally the beneficiary of Eric Wright Group profits. Eric Wright founded the construction company in 1924 and later structured the enterprise so that its charitable trust holds ownership interests across the group. This means the trust's financial health is directly linked to the operational performance of the group's construction, property development, and care-home divisions.

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