Since the inception of the Trust, the following have held office:
| Trustees: | Philip Emanuel | 1935-1974 |
| Barclays Bank Ltd | 1935-1979 | |
| Norman Millar TD | 1975-1991 | |
| Musicians Benevolent Fund (Represented by: Martin Williams 1979-1994, Helen Faulkner 1994-2005, William Parker 2005-2012, John Axon 2013-) | 1979- | |
| Meredith Davies CBE | 1991-1997 | |
| Martin Williams FSA | 1994- | |
| David Lloyd-Jones | 1997-2017 | |
| Paul Guinery | 2017- | |
| Advisers Emeritus: | Sir Thomas Armstrong | 1989-1994 |
| Meredith Davies CBE | 1997-2005 | |
| David Lloyd-Jones | 2017- | |
| Advisers: | Sir Thomas Armstrong | 1961-1989 |
| Norman Millar | 1961-1975 | |
| Felix Aprahamian | 1961-2004 | |
| Robert Threlfall | 1975-2014 | |
| Meredith Davies CBE | 1990-1991 | |
| Lionel Carley | 1991- | |
| Robert Montgomery | 1991- | |
| David Lloyd-Jones | 1996-1997 | |
| Helen Faulkner | 2005-2008 | |
| Marjorie Dickinson | 2008-2012 | |
| Stephen Lloyd | 2010- | |
| William Parker | 2012- 2019 | |
| Paul Guinery | 2015-2017 | |
| Daniel Grimley | 2020- | |
| Archivists: | Alan Denson | 1962-1964 |
| Rachel Lowe | 1964-1966 | |
| Lionel Carley | 1966- | |
| Secretaries: | Martin Williams | 1979-1991 |
| Marjorie Dickinson | 1991-2008 | |
| Helen Faulkner | 2008- |