THE TAIT MEMORIAL TRUST
The Trust continues to present performance platforms for emerging and established performing artists from Australia & New Zealand at our many concerts and events, during the 2023-24 fiscal year. Awards totalling £100,000.00 were paid. The Tait Memorial Trust has raised more than £1,500,000 to help support young musicians and dancers who need financial assistance while they are studying in the U.K.
Financial health, per its FY2025 accounts
The accounts state that the Trust finished the year with a net surplus of £9,574, demonstrating a significant improvement over the prior year's deficit. Per the trustees' report, the Trust holds unrestricted reserves of £199,026 and investment assets valued at £199,500, resulting in total net assets of £245,684. The Trust is operated entirely by trustees and volunteers without remuneration.
What the accounts disclose
“The Trustees have designated the M&G Charifund investment as a long-term capital reserve. Only the income generated from this investment is used to supplement the Awards Fund. The capital is not available for expenditure except by explicit Trustee resolution.” — page 22
Funders the charity credits
- Commonwealth Bank of Australia
Trustees
- ISLA BARING OAMchair
- Chad Daniel Vindin
- Dr Margaret Mayston AM
- JUSTIN BARING
- Matthew Keith Phillips
- SUSAN THORNTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £120k | £107k |
| 31/03/2024 | £119k | £131k |
| 31/03/2023 | £158k | £105k |
| 31/03/2022 | £128k | £102k |
| 31/03/2021 | £105k | £92k |
Common questions
Is THE TAIT MEMORIAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust finished the year with a net surplus of £9,574, demonstrating a significant improvement over the prior year's deficit. Per the trustees' report, the Trust holds unrestricted reserves of £199,026 and investment assets valued at £199,500, resulting in total net assets of £245,684. The Trust is operated entirely by trustees and volunteers without remuneration. Its FY2025 accounts were independently examined.
Who funds THE TAIT MEMORIAL TRUST?
Funders whose own accounts filings name THE TAIT MEMORIAL TRUST as a grant recipient include THE TAIT MEMORIAL TRUST, THE GILBERT AND SULLIVAN SOCIETY.
Shared trustees with funders
- Chad Daniel Vindin — trustee here and at THE TAIT MEMORIAL TRUST
- Dr Margaret Mayston AM — trustee here and at THE TAIT MEMORIAL TRUST
- ISLA BARING OAM — trustee here and at THE TAIT MEMORIAL TRUST
- JUSTIN BARING — trustee here and at THE TAIT MEMORIAL TRUST
- Matthew Keith Phillips — trustee here and at THE TAIT MEMORIAL TRUST
- SUSAN THORNTON — trustee here and at THE TAIT MEMORIAL TRUST
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE TAIT MEMORIAL TRUST | FY2025 | £4k | Leanne Benjamin Award x £3,500 each |
| THE TAIT MEMORIAL TRUST | FY2025 | £4k | Leanne Benjamin Award x £3,500 each |
| THE TAIT MEMORIAL TRUST | FY2025 | £4k | Leanne Benjamin Award x £3500 each |
| THE TAIT MEMORIAL TRUST | FY2025 | £4k | Leanne Benjamin Award x £3,500 each |
| THE TAIT MEMORIAL TRUST | FY2025 | £3k | Leanne Benjamin Award |
| THE TAIT MEMORIAL TRUST | FY2025 | £3k | Alastair Jackson Award £3,000 |
| THE GILBERT AND SULLIVAN SOCIETY | FY2025 | £2k | sponsorship of young artistes / joint event with the Trust at The Royal Overseas League |
| THE TAIT MEMORIAL TRUST | FY2025 | £2k | Tait Award £2,000 |
| THE TAIT MEMORIAL TRUST | FY2025 | £2k | Tait Award 2022 - Paypal payment |
| THE TAIT MEMORIAL TRUST | FY2025 | £2k | Leanne Benjamin Award 2023 to pay ENBS inv 17858 |
| THE TAIT MEMORIAL TRUST | FY2025 | £1k | Tait Award 2022 - final payment |
| THE TAIT MEMORIAL TRUST | FY2025 | £1k | Tait Award |
| THE TAIT MEMORIAL TRUST | FY2025 | £414 | Leanne Benjamin Award 2023 - ballet clothing |
| THE TAIT MEMORIAL TRUST | FY2025 | £100 | Leanne Benjamin Award 2023 to pay ENBS inv 17981 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROGER DE HAAN CHARITABLE TRUST | 1 | £34k |
| The William Brake Foundation | 1 | £2k |
Charities like this
- HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUST
- THE JULIAN BREAM TRUST
- The Royal Corps of Army Music Trust
- THE BRIDGET ESPINOSA MEMORIAL TRUST
- JOHN ARMITAGE MEMORIAL TRUST
- TYMPANUM TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE TAIT MEMORIAL TRUST | £120k | — | 0 | unclear | — | no doubt |
| HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUST | £638k | — | 0 | unclear | — | no doubt |
| THE JULIAN BREAM TRUST | £125k | — | 0 | unclear | — | no doubt |
| The Royal Corps of Army Music Trust | £159k | — | 0 | unclear | — | no doubt |
| THE BRIDGET ESPINOSA MEMORIAL TRUST | £4.5m | £180,001 - £190,000 | — | unclear | — | no doubt |
| JOHN ARMITAGE MEMORIAL TRUST | £231k | — | 0 | unclear | — | no doubt |