Activities

As described by the charity on the register

The Trust provides scholarships and other similar support for education and research. by making grants across a broad range of schemes, by identifying individuals who can demonstrate high-quality scholarship, originality, and excellence, in their chosen research proposal.

Latest income

£124m

Expenditure

£139m

Financial year end

2025-12-31

Income & spending history

As reported to the Charity Commission, by financial year end

Year end Income Expenditure income spend
2021-12-31 £95.1m £141m
2022-12-31 £92.2m £104m
2023-12-31 £98.9m £127m
2024-12-31 £104m £118m
2025-12-31 £124m £139m

Latest detailed return

Year end 2025-12-31

Income mix

Donations & legacies £0
Charitable activities £0
Trading £0
Investment income £124m
Total income £124m

Spending

Charitable spend £135m
Raising funds £3.9m
Grants to institutions £131m
Governance £310k
Total expenditure £139m

Balance sheet

Reserves £4.14bn
Total funds £4.14bn
— restricted £0
— unrestricted £4.14bn
— endowment £0
Total assets £4.14bn
Cash £2.4m

People

Employees 19

Classification

The charity's own register classification

What it does

  • General Charitable Purposes
  • Education/training

Who it helps

  • Other Charities Or Voluntary Bodies
  • The General Public/mankind

How it works

  • Makes Grants To Individuals
  • Makes Grants To Organisations

Source: Charity Commission for England and Wales register, 2026-08-12. Detailed figures as filed in the charity's annual return. Contains public sector information licensed under the Open Government Licence v3.0.