The Happold Foundation was established in 1995 by the late Sir Ted Happold and the founding partners of BuroHappold. Ted and the founding partners had always believed that a firm such as BuroHappold exists to support the needs of society beyond its immediate activity as a professional practice in the built environment. The Happold Foundation is therefore a registered charity with an independent Board of Trustees, some of whom also work for BuroHappold. It was originally founded from the transfer of shares from Ted Happold and subsequent funding is now provided by a percentage of the profits of Happold LLP. In the decade since the Foundation was set up, much has changed - not least that BuroHappold as principal sponsor of the Happold Foundation has grown in size and reputation. Increasingly well resourced, the Foundation has an opportunity to add a greater strategic dimension to its work, by joining with other groups to create a larger impetus for change.