Matthew Piper lived a frugal existence but on his death , aged 90 in 1820 ,
he left a small fortune that was to be used to endow both a soup kitchen for
the poor and set up the Marine School on the town's High Street. This educational
endowment was later transferred to Richmond School. Richmond School used to
be in Catherine Street and it is alleged the Trust gained £100,000 when
this site was redeveloped for the Safeways/Morrisons store. In 1908 the Pipers
charity was split into the Pipers Endowment and the Pipers School site trust.
It is now the Piper Educatiional Trust and can give awards to help local students go on to university. Now administered via Copeland Council..income of £6,000 so may have circa 200,000 in capital (unverified).
TO PROMOTE THE EDUCATION OF PERSONS WHO: (1) ARE UNDER THE AGE OF 25; AND (2) ARE IN NEED OF FINANCIAL ASSISTANCE; AND (3) ARE RESIDENT OR WHOSE PARENTS ARE RESIDENT IN THE AREA OF BENEFIT; AND (4) HAVE AT ANY TIME ATTENDED A SCHOOL IN THE AREA OF BENEFIT.
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