[1] Although the trust works in conjunction with local authorities, state agencies and various commercial and professional entities, it remains an independent organisation and is entirely self-funded.

A significant portion of the trust's work encompasses the protection and rejuvenation of the Georgian area of Limerick city around Newtown Pery.

In 2019 the trust launched the Limerick Renaissance Fund, a revolving fund which aimed to provide grants and finance to support the usage of derelict and underused property in the Newtown Pery area of Limerick city.

[6] Also in 2019, the trust was granted a lease at 2 Pery Square for a nominal rent of €1 per year to enable it to launch The People's Museum of Limerick later in October 2019.

[7][8][9] In early 2021, the trust was involved in an initiative to try and repatriate the remains of Patrick Sarsfield, 1st Earl of Lucan as part of the Limerick Bastille Day Wild Geese festival.