Over the centuries charitable trust funds have been built up within the Goldsmiths' Company through the munificence of a variety of benefactors. At the end of the 19th century, 57 separate charities were recorded. Today, following the amalgamation of most of them, there is just one principal charity, The Goldsmiths’ Charity. Applications are considered under the following categories: General Welfare, Medical Welfare, Youth, Culture and Church.
The Goldsmiths' Company also sponsors a number of educational initiatives. These are directed towards primary and secondary education, science, and literacy and numeracy programmes. Grants are made to individuals only where they have a connection with the Goldsmiths' Company or as part of one of the Company's schemes; grants are not normally made to those whose claims fall outside the terms of these schemes.