Falcon Meadow was owned by Ditchingham United Charities until 2012 when it was sent for sale at auction. With not enough time to fundraise to purchase it for the town, a local businessman stepped in and bought it. When he decided to sell it on in 2015, he agreed to sell to the town for the same price that he had paid for it. A steering group of five was rapidly formed and managed to raise sufficient money as a mix of private loans and donations for the purchase to be completed, so the meadow is now held in Trust for the town.
The Falcon Meadow Community Trust is Registered Charity number 1161688 and owns the freehold of the meadow.
The aims of the Falcon Meadow Community Trust are:
To promote for the benefit of the inhabitants of Bungay and the surrounding area the provision of Falcon Meadow as a place for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants, in particular but not exclusively by:
- providing information on the existence, location and benefits of the meadow
- improving access to the meadow for the benefit of children, young people and adults of all ages and abilities
To promote for the benefit of the public the conservation protection and improvement of the physical and natural environment of Falcon Meadow by:
- maintaining the meadow’s boundaries, riverbank and footpaths
- working in association with local wildlife trusts and environment agencies to produce a long term wildlife and habitat management plan that aims to increase native flora and fauna biodiversity throughout the meadow.