INNER TEMPLE BENEFACTORS SCHOLARSHIP FUND

Registered charity 1056609 · accounts filings on the Charity Commission register

The Fund provides scholarships and prizes to members of the Honourable Society of the Inner Temple training to become barristers. Awards are also made to barristers and advocates from the UK and overseas to spend time in other countries learning about their judicial administration.

Causes: Education/training · Get email alerts

Latest income

£167k

Latest spending

£253k

Registered

1996

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds total reserves of £5,758,521, with no free unrestricted reserves available due to the nature of its operations. Per the trustees' report, all income is generated from endowed investments and is spent on charitable activities, with expenditure adjusted to match the income level generated in the year.

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

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £5.8m; policy: modest surplus)

“The Trustees aim to apply income as fully as possible in the year in which it arises, maintaining only a modest surplus each year to deal with adverse fluctuations in the returns from investments. The level of funds at the year-end was £5,758,521 (2024: £6,036,375) including restricted income reserves of £159,700 (2024 (restated, see note 16): £108,187). There are no free unrestricted reserves at the year-end for the Charity due to the nature of how the Charity operates. All income is generated and recognised within restricted funds from endowed investments during the year and subsequently this is spent on underlying activities of the Charity. The Charity’s expenditure is adjusted to the income level generated in the year.” — page 4

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Trustees · trustee networks

David Michael Pittaway KC · trustee of 1 other charity
Penelope Jane Reed KC · trustee of 1 other charity
THE HON MR JUSTICE NUGEE · trustee of 2 other charities
THE RT HON SIR STEPHEN MILES TOMLINSON · trustee of 1 other charity

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

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/12/2025	£167k	£253k
31/12/2024	£182k	£231k
31/12/2023	£163k	£206k
31/12/2022	£191k	£206k
31/12/2021	£130k	£141k

Common questions

Is INNER TEMPLE BENEFACTORS SCHOLARSHIP FUND financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds total reserves of £5,758,521, with no free unrestricted reserves available due to the nature of its operations. Per the trustees' report, all income is generated from endowed investments and is spent on charitable activities, with expenditure adjusted to match the income level generated in the year. Its FY2025 accounts were audited by Crowe U.K. LLP.

Who funds INNER TEMPLE BENEFACTORS SCHOLARSHIP FUND?

Funders whose own accounts filings name INNER TEMPLE BENEFACTORS SCHOLARSHIP FUND as a grant recipient include THE INNER TEMPLE SCHOLARSHIP FUND.

Shared trustees with funders

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

David Michael Pittaway KC — trustee here and at THE INNER TEMPLE SCHOLARSHIP FUND
Penelope Jane Reed KC — trustee here and at THE INNER TEMPLE SCHOLARSHIP FUND
THE HON MR JUSTICE NUGEE — trustee here and at THE INNER TEMPLE SCHOLARSHIP FUND
THE RT HON SIR STEPHEN MILES TOMLINSON — trustee here and at THE INNER TEMPLE SCHOLARSHIP FUND

Known funders

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

Funder	Year	Amount	Purpose (as stated by the funder)
THE INNER TEMPLE SCHOLARSHIP FUND	FY2024	£22k	Contribution to Peter Taylor Scholarship
THE INNER TEMPLE SCHOLARSHIP FUND	FY2023	£15k	Transfer to meet the balance of the cost of the Peter Taylor Scholarship
THE INNER TEMPLE SCHOLARSHIP FUND	FY2025	£14k	Transfer to meet the balance of the cost of the Peter Taylor Scholarship
THE INNER TEMPLE SCHOLARSHIP FUND	FY2022	£11k	Transfer to meet the balance of the cost of the Peter Taylor Scholarship

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.

Funder	Similar charities funded	Amount to them
THE SAVOY EDUCATIONAL TRUST	1	£88k
THE INNHOLDERS' CHARITABLE FOUNDATION	1	£45k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE INNER TEMPLE SCHOLARSHIP FUND.

THE INNER TEMPLE SCHOLARSHIP FUND income £104k
CHARITIES ADMINISTERED ICW THE HONOURABLE SOCIETY OF THE MIDDLE TEMPLE income £720k
THE GRAY'S INN SCHOLARSHIPS TRUST income £788k
HONOURABLE SOCIETY OF GRAY'S INN TRUST FUND income £2.6m
THE LAW SOCIETY EDUCATIONAL TRUST income £126k
THE INSTITUTION OF STRUCTURAL ENGINEERS BENEVOLENT FUND income £107k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
INNER TEMPLE BENEFACTORS SCHOLARSHIP FUND	£167k	—	0	below	—	no doubt
THE INNER TEMPLE SCHOLARSHIP FUND FY2025	£104k	—	0	below	—	no doubt
CHARITIES ADMINISTERED ICW THE HONOURABLE SOCIETY OF THE MIDDLE TEMPLE FY2024	£720k	—	0	unclear	—	no doubt
THE GRAY'S INN SCHOLARSHIPS TRUST FY2025	£788k	—	0	above	—	no doubt
HONOURABLE SOCIETY OF GRAY'S INN TRUST FUND FY2025	£2.6m	—	—	no_policy	—	no doubt
THE LAW SOCIETY EDUCATIONAL TRUST FY2024	£126k	—	0	unclear	—	no doubt

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