In 2004, the Charity Commission approved the amalgamation of two schemes – The Market Harborough Exhibition Foundation and the Market Harborough & The Bowdens Charity. This brought the Old Grammar School under the management of the Market Harborough & The Bowdens Charity. In 2007 the Charity Commission approved a further amalgamation between The Town Lands (Great Bowden) Charity and The Market Harborough & The Bowdens Charity. This new charity retains the name of The Market Harborough & The Bowdens Charity. The Market Harborough Exhibition Foundation contained an Education Faculty which had become dormant. This has now been reactivated and has become an integral part of the amalgamated Charity.
The Town Lands Charity was required to apply a proportion of its income to the maintenance and repair of the fabric of Great Bowden Parish Church and this requirement was passed to the new, amalgamated Charity. The remainder of the combined Charity’s income is applied to Relief in Need, amateur sports and for other charitable purposes for the general benefit of the inhabitants of the scheme area, for which provision is not made out of rates, taxes or other public funds.
In 2014 the Charity Commission approved an application to convert the Charity to a Charitable Incorporated Organisation and this process was completed in 2015. The scheme area comprises the former Urban District of Market Harborough as constituted immediately before the Local Government review of the 1st April 1974.
The Charity is bound by it’s CIO Constitution and is managed by a Board of up to 18 Feoffees who administer the short and long term business and the strategic development of the Charity.
The Charity is based at 10 Fairfield Road, Market Harborough, Leicestershire LE16 9QQ.