[1] Its work primarily centres around grants to individuals, housing and other projects which benefit older people.
Some 46 years after his death, the initial founders wished to emulate Edward Colston's philanthropy, so at this inaugural dinner the President, Gilbert Davies took up a collection for their charitable work.
Initially, the Anchor Society supported 'lying-in' women and poor orphaned females to save them from prostitution.
All three societies also gather in mid-November to celebrate their charitable work at an annual service of thanksgiving.
Since its inception, there has been an unbroken record of Presidents' annual appointments and personal collections in support of the charity's work.