Bancroft Mill Engine Trust has, since its start in 1982, operated a policy of self funding for the day to day running and maintenance of the Museum. From time to time it has been necessary to obtain grants of money from various bodies in order to make considerable improvements, or to carry out essential work, so that the Museum may continue to run as a working experience for the benefit of the public. The Trust is staffed entirely by volunteers who have a large variety of skills and experience, and much of the work and improvements have been carried out by them.
Each year, the volunteers carry out a programme of continuing improvements to, both the engine and the buildings. Ongoing, is the Bradley Engine project, which the Trust has made the subject of a special fund, as it is such a large and long-term project. Throughout its existence, apart from some minor funding from mainly local bodies (such as the Civic Trust and Green Lantern) for smaller improvements, the Trust has received grant monies from
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