A body of 15 Trustees (all volunteers) oversee both Charities.
14 Trustees are co-opted onto the Board and serve a term of 5 years. The remaining Trustee is ex-officio and is the Vicar of the Parish Church of St. Michael and All Angels.
The Board meets every third Monday in the month (except for August). The Board uses a system of Sub-Committees and holds meetings of such Committees as and when required.
The day to day activities of the Charities are run by the Steward & Receiver, supported by three members of staff. All employees are part-time, with the office being open two days a week, on Mondays and Tuesdays. Other professionals, such as tradesmen, accountants, solicitors & surveyors are hired as and when required.
The Charities own various properties, land, and investments, with the income generated being used to support people and organisations in Torrington.
There are many challenges ahead for the Town and Lands Charity and the Almshouse Charity, but another 500 years? – Oh Yes!