MCGILL UNIVERSITY 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.
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.
What the accounts disclose
Structured financials (annual return, FY ending 31/05/2024)
Trustees
- THE HONOURABLE JAMES JONATHAN NELSONchair
- Louise Blondeau
- MARK KEOKI RIDLEY
- Marc Weinstein
- VICTOR PHILLIP MICHAEL DAHDALEH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| UBS UK Donor-Advised Foundation | FY2021 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MICHAEL BISHOP FOUNDATION | 1 | £350k |
| CATKIN PUSSYWILLOW CHARITABLE TRUST | 1 | £39k |
| CLAN TRUST LIMITED | 1 | £14k |
| THE MILLICHOPE FOUNDATION | 1 | £8k |
| CLA CHARITABLE TRUST | 1 | £7k |
| DUCHY OF LANCASTER BENEVOLENT FUND | 1 | £3k |
Charities like this
- THE MARGARET THATCHER SCHOLARSHIP TRUST
- CAMBRIDGE EDUCATION AND DEVELOPMENT TRUST
- RAY MCGRATH MEMORIAL TRUST
- University of California Trust
- MAAIKE MCINNES CHARITABLE TRUST
- M.G.S. TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MCGILL UNIVERSITY TRUST | £122k | — | 0 | unclear | — | no doubt |
| THE MARGARET THATCHER SCHOLARSHIP TRUST | £858k | — | 0 | below | — | no doubt |
| CAMBRIDGE EDUCATION AND DEVELOPMENT TRUST | £200k | — | 0 | above | — | not going concern |
| RAY MCGRATH MEMORIAL TRUST | £1.1m | — | 0 | within | — | no doubt |
| University of California Trust | £1.7m | £130,001 - £140,000 | 3 | unclear | — | no doubt |
| MAAIKE MCINNES CHARITABLE TRUST | £1.1m | — | 0 | unclear | — | no doubt |