The Fenchurch Fund is part of the Bluebell Railway Preservation Society originally formed as the Chip Wood Fund as a memorial to a young Bluebell Railway locoman (Matthew Wood) who died in 1991 at the age of 24. The fund was used at that time to help restore his favourite locomotive LBSCR No.72 Fenchurch.
To facilitate this, the group became the Fenchurch Wheel Appeal, later becoming the Fenchurch Fund. The fund raised enough money to help with casting a new set of driving wheels to replace the original cracked wheel and provided funding for much more work to be carried out.
Having raised the money and seen Fenchurch returned to traffic in 2001 the Fenchurch Fund decided to focus its attention on raising money to see SECR No.27 Primrose, the forgotten P, restored and running again. For more than ten years now the Fenchurch Fund has been raising money to restore the loco to as original condition as possible.