Foundation Trust Status The Trust is continuing its bid to become a Foundation Trust with pace. Monitor, the independent regulator of Foundation Trusts, has completed its initial batching process and is scheduled to commence its full assessment of the Trust in the Spring. This final period of assessment will consist of a four month evaluation which will include vigorous testing of the Trust's five year plan and financial model as well as a Board to Board session. The Trust hopes to achieve Foundation Trust status during the summer of 2013. For the most up to date information about the FT application progress please Click Here.