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- Lloyd's Patriotic Fund was founded on 28 July 1803 at Lloyd's Coffee House, and continues to the present day. Lloyd’s Patriotic Fund now works closely with armed forces charities to identify the individuals and their families who are in urgent need of support. The contributors created the fund to give grants to those wounded in service to the Crown and to set up annuities to the dependents of those killed in action. The Fund also awarded prizes to those British combatants who went beyond the call of duty. The rewards could be a sum of money, a sword or a piece of plate. The awards were highly publicized to help raise morale during wartime. In 1807 the fund also donated £61,000 to the Royal Naval Asylum, giving Lloyd's Patriotic Fund the enduring right to nominate children to the school. On 24 August 1809 the Fund held a general meeting of its subscribers. The subscribers decided at that time to discontinue awards for merit. The Peninsular War was putting such demands on the Fund that it was felt that priority would have to go to support for the wounded and the dependents of those killed. Still, when the Fund awarded officers money for wounds received, some officers asked that the Fund give them an inscribed sword instead. (en)
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