FRANCON TRUST
Financial support for school examination high achievers but limited financial resources, from London, to attend first degree courses in subjects related to careers in accountancy, medicine, engineering and similar professions. Applications, supported by head teachers, are required nine months before attendance at university. A brief letter should be sent initially. There is an application process.
Objects
(A)THE ADVANCEMENT OF PUBLIC EDUCATION AND VOCATIONAL TRAINING IN PARTICULAR BY THE PROVISION OF GRANTS TO STUDENTS IN NEED. (B)THE RELIEF OF POVERTY, SICKNESS ANS DISTRESS AMONG STUDENTS IN NEED.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £1,412,544, which exceeds its forward commitments for the upcoming year. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern, supported by professionally managed investments and a cautious approach to expenditure.
What the accounts disclose
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/07/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/07/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/07/2023
- Grant-making is its main activity
Trustees
- ANN-MARIE JEFFERYS
- Anne Elizabeth Holden
- PROFESSOR JOE HERZBERG
- Peter Reginald Allcard
- TERRY NEMKO JP FCA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £36k | £60k |
| 31/07/2024 | £34k | £53k |
| 31/07/2023 | £31k | £42k |
| 31/07/2022 | £31k | £46k |
| 31/07/2021 | £28k | £58k |
Common questions
Is FRANCON TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £1,412,544, which exceeds its forward commitments for the upcoming year. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern, supported by professionally managed investments and a cautious approach to expenditure. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SPIELMAN CHARITABLE TRUST | 1 | £39k |
| THE KRISTINA MARTIN CHARITABLE TRUST | 1 | £5k |
| THE HELEN ROLL CHARITY | 1 | £3k |
| Evelyn Partners Charitable Trust | 1 | £700 |
Charities like this
- HANSON RESEARCH TRUST
- SOCIETY OF OLD FRAMLINGHAMIANS CHARITABLE TRUST
- JOHN COLLINGS EDUCATIONAL TRUST
- FUND FOR ACTION THROUGH EDUCATION
- THE BRANDON TRUST
- FRANCIS BANCROFT'S TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FRANCON TRUST | £36k | — | 0 | above | — | no doubt |
| HANSON RESEARCH TRUST | £61k | — | 0 | above | — | no doubt |
| SOCIETY OF OLD FRAMLINGHAMIANS CHARITABLE TRUST | £77k | — | 0 | below | — | no doubt |
| JOHN COLLINGS EDUCATIONAL TRUST | £40k | — | 0 | unclear | — | no doubt |
| FUND FOR ACTION THROUGH EDUCATION | £30k | — | 0 | unclear | — | no doubt |
| THE BRANDON TRUST | £77.6m | — | — | unclear | — | no doubt |