The eaga Trust
The eaga Trust is a private UK employee benefit trust established in 1999 that provides education, health, lifestyle, and financial benefits to former eaga Partnership Limited employees and their registered children, with a defined ~15-year remaining lifespan.
- Company typePrivate
- Founded1999
- HeadquartersPonteland, United Kingdom
- Headcount1–10
- GTM typeB2C
- OfferingServices
What The eaga Trust does
The eaga Trust is a private UK employee benefit trust established in 1999 to administer benefits for former employees of eaga Partnership Limited and its successor entities, including eaga plc (acquired by Carillion plc in April 2011) and Carillion Energy Services. The Trust is structured as two corporate trustees (Eaga Partnership Trustee Limited, company number 03724739, and Eaga Partnership Trustee Two Limited, company number 03729659) with a wholly-owned subsidiary, eT Business Funding Limited (Company No. 08026173), providing business loans under £10,000 to members. The Trust is governed by a Board of Trustees and operates from offices in Morpeth, Ponteland, and Newcastle upon Tyne. It is not a commercial revenue-generating entity; it administers a trust corpus for the purpose of providing benefits to a closed, finite beneficiary population.
The Trust serves two beneficiary groups: First Generation Members (former employees of eaga Partnership Limited or eaga plc who are registered beneficiaries) and Second Generation Members (children or stepchildren under 18 of First Generation Members). Its benefit portfolio includes higher education and further education bursaries (up to £21,000 over 4 years for UK university students, with country-specific equivalents for Ireland, Canada, and India), Skill-builder Plus training funds (£3,000 for First Generation, £2,000 for Second Generation), Tutoring Support via Kip McGrath (up to 40 lessons per year for children aged 7-19), Childcare Support (up to £320/month for children aged 0-4), University Open Day travel funding, BUPA Healthy Minds (24/7 mental health support), Wills & LPA Support via Co-op Legal Services, Serious Injury Insurance via Aviva/Chubb, Funeral Help (£500 contribution), The Benefits Website discounts, and a portfolio of 17 holiday homes across the UK and Northern Ireland. Geographic reach is primarily UK, with bursary programs extending to Ireland, Canada, and India.
Benefits are distributed through a registered members-only portal at members.eagatrust.com, with authentication required. Operations are supported by a small team of approximately 11 named staff including CEO Richard Marr and Ambassadors, Executive Assistants, and operational support roles. The Trust integrates with the UK Student Loans Company for Higher Education Bursary verification, with confirmation requested up to nine times during a course to trigger or withhold payments. Standard off-the-shelf technologies are used throughout: Google Analytics for web analytics, MailChimp for email communications, and Vimeo for video content. Marketing channels include email newsletters, social media (Facebook, Instagram, LinkedIn), Vimeo-hosted member story videos, and annual "Trust in Focus" publications via FlippingBook. The Trust operates with a finite lifespan of approximately 15 years from 2024, having been shortened by the Board of Trustees to accelerate benefit spending and maximize impact during the remaining window.
The eaga Trust firmographics
Firmographics- Name
- The eaga Trust
- Legal name
- The eaga Trust consists of Eaga Partnership Trustee Limited (company number 03724739) and Eaga Partnership Trustee Two Limited (company number 03729659)
- Website
- https://eagatrust.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The eaga Trust is a private UK employee benefit trust established in 1999 that provides education, health, lifestyle, and financial benefits to former eaga Partnership Limited employees and their registered children, with a defined ~15-year remaining lifespan.
- Ownership category
- akta.pro rank
The eaga Trust industry classification
Industry- Product category
- Employee Benefits / Member Welfare Services
- NAICS
- Trust, Fiduciary, and Custody Activities (523991), Trusts, Estates, and Agency Accounts (52592), Health and Welfare Funds (525120), Insurance and Employee Benefit Funds (5251)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Trust Administration & Fiduciary Accounting Services (FSAAANAF)
- akta.pro secondary industries
- Employee Benefit & Retirement Plan Trust Services (FSAAANAC), Estate Planning, Trust Structuring & Governance (FSAAADAF)
Keywords
Where The eaga Trust is headquartered
LocationHeadquarters
- HQ city
- Ponteland
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
The eaga Trust business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Others, Marketing or Sales, Technology or R&D
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Funeral Help - £500 contribution towards funeral expenses |
| Other | Pay-as-you-go | Skill-builder Plus - Training development fund |
| Other | Annual | Higher Education Bursary - UK |
| Other | Annual | Higher Education Bursary - Study Abroad |
| Other | Pay-as-you-go | Further Education Bursary |
| Other | Pay-as-you-go | Childcare Support |
| Transaction based/ take rate | Pay-as-you-go | Business Funding - under £10,000 |
Distribution channels2 records
Marketing channels7 records
The eaga Trust product offering
Product offeringCore offering
The eaga Trust is a private employee benefit trust that administers and delivers a portfolio of welfare benefits exclusively to former employees of eaga Partnership Limited / eaga plc (First Generation Members) and their children (Second Generation Members). Benefits span education bursaries (Higher Education, Further Education, Child Education Programme India), training and skill development funding (Skill-builder Plus, Tutoring Support), health and wellbeing services (BUPA Healthy Minds, Wills & LPA Support, Funeral Help, Serious Injury Insurance), a portfolio of holiday homes across the UK and Northern Ireland, and Business Funding loans via its subsidiary eT Business Funding Limited.
Product overview
The eaga Trust is an employee benefit trust providing a comprehensive portfolio of member benefits to former eaga employees and their families. The offering is structured as a unified benefits platform with multiple interconnected services spanning education (Higher Education Bursary, Further Education Bursary, Tutoring Support, University Open Day Support, Childcare Support), health and wellbeing (BUPA Healthy Minds, Wills & LPA Support, Funeral Help, Serious Injury Insurance), lifestyle benefits (Holiday Homes, The Benefits Website discounts), and professional development (Skill-builder Plus, Business Funding). Second Generation Members (children of First Generation Members) have access to a subset including education bursaries and Skill-builder Plus. Benefits are accessed through a members-only portal requiring authentication, with applications processed through the Trust's administrative team.
Differentiator
Problem solved
Functional benefit
Products and services
- Higher Education Bursary
- Further Education Bursary
- Child Education Programme India
- Skill-builder Plus
- Tutoring Support
- University Open Day Support
- Childcare Support
- BUPA Healthy Minds
- Wills & LPA Support
- Funeral Help
- Serious Injury Insurance
- The Benefits Website
- Holiday Homes
- Business Funding
Quantifiable outcome
- Higher Education Bursary of £21,000 over 4 years for UK university students
- +3 more outcomes
Companies that use The eaga Trust
Customer profileSegments2 records
Ideal customer profiles2 records
The eaga Trust technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
The eaga Trust partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- Co-op Legal ServicescoreCo-op Legal Services provides a funded will writing and lasting power of attorney service exclusively for First Generation UK Members. The Trust pays the benefit provider's invoice on behalf of members.
- BUPAcoreBUPA provides the Healthy Minds wellbeing support service available 24/7 to First and Second Generation UK Members. BUPA European Group Ltd manages this benefit on behalf of the Trust. Services include counselling, expert online support with CBT, and health advice.
- Kip McGrathcoreKip McGrath provides the Tutoring Support Programme for children of First Generation Members aged 7-19. The Trust pays tutoring support payments directly to Kip McGrath for Maths and English Language tuition (up to 40 lessons per academic year).
- AvivaminorAviva provides Serious Injury Insurance for Trust Members. Gallagher Insurance Broker acts as intermediary. The policy covers Members aged 18-75 who suffer permanent disability or death from accident.
- Chubb European Group LtdminorChubb European Group Ltd provides Serious Injury Insurance (updated from Aviva per member portal privacy policy). Gallagher Insurance Broker acts as intermediary.
- The Benefits WebsiteminorThe Benefits Website provides Members with access to exclusive offers and discounts on shopping gift cards, holidays, hotels, and airport parking. Available to First Generation Members.
- Student Loans CompanycoreFor UK Members studying in the UK, the Trust shares name, address, NI number, date of birth with SLC for HE Bursary verification. SLC confirms loan payment validation up to 9 times during the course to trigger or withhold bursary payments.
- eT Business Funding LimitedcoreeTBF is a subsidiary company (Company No. 08026173) that provides business funding loans under £10,000 to members. Located at 25 Main Street, Ponteland, Northumberland.
- Origin Associates LimitedminorOrigin Associates Limited serves as the Bursary Auditor for the HE Bursary programme, conducting fraud prevention and detection activities by reviewing member details including name, email, telephone, university, course and year of study.
- Various course providersminorFor Skill-builder Plus, the Trust pays course providers' invoices directly on behalf of members. Members can use their £3,000 (First Generation) or £2,000 (Second Generation) fund for various professional training and personal development courses.
- Holiday home property management agentsminorVarious property management agents handle bookings for the Trust's 16+ holiday homes across the UK and Northern Ireland. Agents receive booking details including member names, dates, and party size.
Scale indicators2 records
Recent moves8 records
Expansion highlights3 records
The eaga Trust competitors and assessment
Company assessmentDirect peers
- Co-operative Group Employee Benefits: UK employee-owned cooperative with member benefit structures including dividend distribution and member services. Comparable employee-ownership-aligned value distribution model to The eaga Trust's benefit delivery philosophy.
- John Lewis Partnership Trust: UK employee-owned retail group's trust structure that holds shares for the benefit of partners (employees). Closest analog to The eaga Trust's role as an employee benefit trust retaining ownership/value for the workforce.
- The Scott Trust: Private UK trust that owns Guardian Media Group. Funds journalism and the Guardian's mission rather than commercial operations — structurally similar fiduciary-purpose entity with finite/defined mission and registered company trustees.
Regional players
- Rathbones Group: UK wealth manager with significant trust and fiduciary services division. Comparable in managing trust assets and providing fiduciary oversight, though it operates as a commercial investment manager rather than a single-purpose employee benefit trust.
Broad incumbents
- Sanne Group (now part of Genii Capital): UK-listed trust, fund, and corporate administration firm. Provides third-party trust administration capabilities comparable to what the eaga Trust manages internally for its beneficiaries.
- JTC PLC: Listed global provider of trust, fund, and fiduciary administration services. Comparable in the trust administration and fiduciary services category, though it is a commercial operator serving external clients rather than administering a single in-house employee benefit trust.
- Butterfield Group: Bermuda-headquartered trust and fiduciary services provider with significant UK and Channel Islands presence. Comparable trust administration, custody, and estate planning capabilities for high-net-worth and family beneficiaries.
- TMF Group: Global provider of trust, corporate, and fund administration services. Operates in adjacent trust/fiduciary services category with comparable compliance, KYC, and beneficiary administration workflows.
Others
- Cabot Financial Group (employee benefit support): Adjacent financial services participant in UK employee benefit and welfare support space. Comparable only insofar as it operates in the broader UK employee benefit/welfare ecosystem.
Emerging players
- Mercer (Marsh & McLennan): Major global employee benefits consulting and administration firm. Provides outsourced benefit plan administration services analogous to the in-house capabilities The eaga Trust operates for its members.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights7 records
Customer concentration
The eaga Trust social profiles
Digital presenceThe eaga Trust compliance and trust
Trust signalCompliance2 records
The eaga Trust financial estimates
Financial estimateRevenue estimate
Valuation estimate
The eaga Trust leadership team
Management profileNumber of profiles
Profiles7 records
The eaga Trust subsidiaries and ownership
Company hierarchySubsidiaries1 record
The eaga Trust funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The eaga Trust M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The eaga Trust
What does The eaga Trust do?
The eaga Trust is a private employee benefit trust that administers and delivers a portfolio of welfare benefits exclusively to former employees of eaga Partnership Limited / eaga plc (First Generation Members) and their children (Second Generation Members). Benefits span education bursaries (Higher Education, Further Education, Child Education Programme India), training and skill development funding (Skill-builder Plus, Tutoring Support), health and wellbeing services (BUPA Healthy Minds, Wills & LPA Support, Funeral Help, Serious Injury Insurance), a portfolio of holiday homes across the UK and Northern Ireland, and Business Funding loans via its subsidiary eT Business Funding Limited.
Is The eaga Trust a public or private company?
The eaga Trust is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was The eaga Trust founded?
The eaga Trust was founded in 1999. It employs 1 to 10 people.
Where is The eaga Trust based?
The eaga Trust is headquartered in Ponteland, United Kingdom, in the Europe region.
Who are The eaga Trust's main competitors?
Direct peers on record are Co-operative Group Employee Benefits, John Lewis Partnership Trust and The Scott Trust. Rathbones Group is listed as a regional player. Broad incumbents are Sanne Group (now part of Genii Capital), JTC PLC, Butterfield Group and TMF Group. Cabot Financial Group (employee benefit support) is listed as an others. Mercer (Marsh & McLennan) is listed as an emerging player.
Does The eaga Trust have an API?
No public API is recorded for The eaga Trust.
What industry is The eaga Trust in?
The eaga Trust's product category is Employee Benefits / Member Welfare Services. Its primary akta.pro industry code is FSAAANAF, Trust Administration & Fiduciary Accounting Services, with a secondary code of FSAAANAC, Employee Benefit & Retirement Plan Trust Services. Its NAICS code is 523991 and its SIC code is 8600.