MCGILL UNIVERSITY TRUST

Registered charity 1044904 · accounts filings on the Charity Commission register · also known as THE MCGILL UNIVERSITY (CANADA) TRUST

McGill University Trust supports UK students who wish to have the experience of studying at a university in Canada. Funds are raised by the Trust, principally from alumni and friends of McGill based in the UK, to support a scholarship and bursary programme for UK students wishing to attend McGill and for the general welfare of McGill University.

Causes: Education/training · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£122k
Latest spending
£207k
Registered
1995
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total funds decreased from £383,752 to £306,770 due to a net expenditure exceeding incoming resources. The unrestricted general fund saw a significant decline of £77,866, while the endowment fund grew slightly by £884. The trustees report that income was down compared to the previous year, which had benefited from large individual gifts, but remains comparable to other prior years.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/05/2024)

Total income
£587k
Total spending
£479k
Reserves (reported)
£384k
Employees
0

Reported reserves equal ~9.6 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Canada · Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/05/2025£122k£207k
31/05/2024£587k£479k
31/05/2023£73k£463k
31/05/2022£562k£541k
31/05/2021£575k£327k

Common questions

Is MCGILL UNIVERSITY TRUST financially healthy?

Per its FY2025 accounts: The accounts state that total funds decreased from £383,752 to £306,770 due to a net expenditure exceeding incoming resources. The unrestricted general fund saw a significant decline of £77,866, while the endowment fund grew slightly by £884. The trustees report that income was down compared to the previous year, which had benefited from large individual gifts, but remains comparable to other prior years. Its FY2025 accounts were independently examined.

Who funds MCGILL UNIVERSITY TRUST?

Funders whose own accounts filings name MCGILL UNIVERSITY TRUST as a grant recipient include UBS UK Donor-Advised Foundation.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
UBS UK Donor-Advised FoundationFY2021£0

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE MARGARET THATCHER SCHOLARSHIP TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
MCGILL UNIVERSITY TRUST£122k—0unclear—no doubt
THE MARGARET THATCHER SCHOLARSHIP TRUST FY2025£858k—0below—no doubt
CAMBRIDGE EDUCATION AND DEVELOPMENT TRUST FY2025£200k—0above—not going concern
RAY MCGRATH MEMORIAL TRUST FY2025£1.1m—0within—no doubt
University of California Trust FY2025£1.7m£130,001 - £140,0003unclear—no doubt
MAAIKE MCINNES CHARITABLE TRUST FY2025£1.1m—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.