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 the Virgin Money London Marathon, the Vitality London 10,000, the Vitality Westminster Mile, the Standard Chartered Great City Race, Prudential RideLondon (as the majority shareholder of the London & Surrey Cycling Partnership) 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.
The amount of the surplus handed over to The Trust in 2015 was £5.2 million, which is more than any other marathon makes anywhere in the world.
In addition runners in the 2016 London Marathon raised more than £59 million for charities of their own choice and this money went, as always, directly to those charities.
Since the London Marathon started in 1981, more than £64.5 million has been allocated by The Trust in total to more than 1,130 recreational projects and the runners themselves have raised in excess of £830 million, which has gone directly to charities of their choosing.
Visit The London Marathon Charitable Trust website to find out more about The Trust’s mission, how we are governed, 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.