In 1761 it was reported to The Lord Chancellor that the trustees were misappropriating the income over the £100 set out in the will. As a consequence of this the Lord Chancellor decreed that 75% of the income should go to the dependants of deceased clergy and 25% of the income be spent on the education of young people.

Further clarification came at the beginning of the twentieth century when the Charity Commissioners set out clearly the three branches of the charity: 

• The first, 1901, was the Estate charity holding the assets of the trust.

• The second, 1905, was the charity for clergy widows in the order of priority of the Diocese of Leicester, then Southwell and finally all of England and Wales.

• The third, 1907, was for the education of young people under the age of twenty five whose parents live in Leicestershire, with an order of preference of Osgathorpe, Belton and the old Urban District of Coalville, and those schools which substantially serve these areas of benefit.

The school was closed in 1901 and the pupils transferred to the new King Edward VII School in Coalville where the school theatre is named “The Thomas Harley Theatre”.

Due to a total lack of applicants, Osgathorpe has no shop and at the time no bus service – hardly ideal for clergy widows, the decision was made to sell The Residences and Allsop’s Cottage in 1986.

In 1990 these charities were, for accounting purposes, effectively merged into one, although the beneficiaries and the apportionment of income remained the same.