BROWN UNIVERSITY CHARITABLE TRUST
The Charitable Trust supports the educational activities of Brown University, Providence, Rhode Island, USA. All donations are paid directly to Brown University. Fund administration cost of the charity are less than 2% of annual donations.
Objects
UPON TRUST TO APPLY SUCH PART OR PARTS OR ALL OF THE INCOME AND CAPITAL FOR OR TOWARDS SUCH CHARITABLE PURPOSES WHICH ADVANCE EDUCATION AT OR SUPPORT BROWN UNIVERSITY OF PROVIDENCE RHODE ISLAND IN THE UNITED STATES OF AMERICA,(BUT NOT TO THE EXCLUSION OF ANY OTHER CHARITABLE PURPOSE WHICH IS CONNECTED WITH BROWN UNIVERSITY) AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT,AND TO MAKE DONATIONS TO SUCH CHARITABLE INSTITUTIONS IN SUPPORT OF BROWN UNIVERSITY AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT.
Financial health, per its FY2024 accounts
The accounts state that the charity operates as a grant-making entity with a policy of not maintaining general reserves, holding only £10,000 for administration. Total unrestricted reserves decreased to £5,116 at year-end, while incoming resources fell to £5,336,981 from £9,201,151 in the prior period. The trustees confirm that no material uncertainties exist regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Total reserves carried forward at the end of the year were £5,116 (2023 - £8,798).” — page 3
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
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Andrea Shen
- Joshua Taub
- Lawrence Small
- Sara Miwa Cunningham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £5.3m | £5.3m |
| 31/12/2023 | £9.2m | £9.2m |
| 31/12/2022 | £3.3m | £3.3m |
| 31/12/2021 | £1.7m | £1.7m |
| 31/12/2020 | £3.8m | £3.8m |
Common questions
Is BROWN UNIVERSITY CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity operates as a grant-making entity with a policy of not maintaining general reserves, holding only £10,000 for administration. Total unrestricted reserves decreased to £5,116 at year-end, while incoming resources fell to £5,336,981 from £9,201,151 in the prior period. The trustees confirm that no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Nielsens.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NNS FOUNDATION | 1 | £5.1m |
| THE BROOMTON FOUNDATION | 1 | £500k |
| THE JMCMRJ SORRELL FOUNDATION | 1 | £100k |
Charities like this
- FRIENDS OF HARVARD UNIVERSITY
- THE JOHN BROWNE CHARITABLE TRUST
- BILL BROWN'S CHARITABLE SETTLEMENT OF 1989
- BRIAN WILSON CHARITABLE TRUST
- COLUMBIA UK FUND LIMITED
- STANFORD FOUNDATION (UK) LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BROWN UNIVERSITY CHARITABLE TRUST | £5.3m | — | 0 | below | — | no doubt |
| FRIENDS OF HARVARD UNIVERSITY | £1.1m | — | 0 | unclear | — | no doubt |
| THE JOHN BROWNE CHARITABLE TRUST | £349k | — | 0 | unclear | — | not going concern |
| BILL BROWN'S CHARITABLE SETTLEMENT OF 1989 | £623k | — | 0 | above | — | no doubt |
| BRIAN WILSON CHARITABLE TRUST | £126k | — | 0 | above | — | no doubt |
| COLUMBIA UK FUND LIMITED | £4.2m | — | 0 | unclear | — | no doubt |