It was established in 1925 under the will of the 1st Viscount Leverhulme (1851–1925), with the instruction that its resources should be used to cover certain trade charities and support "scholarships for the purposes of research and education.
[1][5] The Trust places special weight on:[6] Victorian businessman and entrepreneur William Hesketh Lever manufactured and marketed Sunlight soap.
In order to produce cheap soap and undercut competition, he controlled large concessionary areas in the Congo.
[7][8] Lever extended his business activities in ways that both served and profited from the rapid rise of a mass market for basic consumer products.
On his death in 1925, Lord Leverhulme left a proportion of his interest in the company he had founded, Lever Brothers, in trust for specific beneficiaries: to include first certain trade charities and secondly the provision of "scholarships for the purposes of research and education".