The Palace Trust
Owned by the Church Commissioners, The Palace is operated by The Palace Trust which is a registered charity. The Palace Trust is responsible for managing the Bishop’s Palace & Gardens as a visitor attraction and for creating a range of events, exhibitions and other fundraising activities.
The Palace’s income comes from several sources: entry fees (including membership), private functions, special events and activities, and its commercial trading activities, currently a shop and catering businesses. This income is crucial as it contributes towards The Trust carrying out its key responsibility for conserving The Palace and surrounding structures such as The Great Hall and Ramparts. Additional funding for conservation work comes from grants awarded resulting from applications to grant making charitable trusts and foundations such as the Heritage Lottery Fund, applications to private sector organisations (e.g. Viridor), and from individuals.
The Trust has approximately 40 paid employees, the vast majority of whom are part-time. In addition, it oversees over 200 volunteers, without whom the charity could not function effectively.
As a registered charity, the Palace is managed by its Board of Trustees which includes the Bishop of Bath & Wells and the Dean of Wells Cathedral. Take a look at the Who’s Who section to find out who are our current trustees.
The Trust has a very clearly defined vision, mission and set of values and reviews these regularly. These help determine the Trust's strategic objectives. Click on 'Vision, Mission, Objectives' to read what these are.