The Company Today
Today, the company exists as a charitable, ceremonial, and educational institution. This has included providing the site and some of the buildings of Queen Mary, University of London, the library at Bangor University and the site and the original nineteenth century buildings of Bancroft's School. It also administers three almshouses : Queen Elizabeth College Greenwich, Edmanson's Close Tottenham and Walter's Close Southwark. It provides the Chairman and four other governors of Bancroft's School, who use the Drapers' coat of arms and motto. It is the co-sponsor of Drapers' Academy who use a similar logo. The company also founded two girls' schools in Llandaff and Denbigh, Wales using the endowment of Welsh merchant Thomas Howell who bequeathed a sum of money to the foundation; both schools are independent, separate institutions but the company still has a representative in the governing body of the former. The company also has close links with some eighteen other educational establishments ranging from Oxbridge colleges to a primary school. It administers charitable trusts relating to relief of need, education, and almshouses; it provides banqueting and catering services; and it fosters its heritage and traditions of good fellowship. The Court of Assistants is its governing body.
The Drapers' Company continues to play a role in the life of the City. The Master Draper for 2012-13 is Lady Victoria Leatham and its liverymen carry out important functions in the elections of the governance of the City and its offices.
Read more about this topic: Worshipful Company Of Drapers
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