ESPERANZA TRUST FOR ANTHROPOLOGICAL RESEARCH
The income of the Fund is applied to promoting the study and teaching of anthropology. The policy of the Trustees is to devote about half its net income to subsidising exceptional expenditure of the Royal Anthropological Institute. The other half is devoted to an annual research fellowship scheme in association with a UK or Ireland university, known as 'Leach/RAI Fellowships'.
Objects
PROMOTING AND ENCOURAGING THE STUDY AND TEACHING OF ANTHROPOLOGY AND ANTHROPOLOGICAL RESEARCH BY WHATEVER MEANS AND WHATEVER CONDITIONS AS THE MANAGING TRUSTEES SHALL FROM TIME TO TIME AT THEIR ABSOLUTE DISCRETION THINK FIT.
Financial health, per its FY2024 accounts
The accounts state that the charity holds total net assets of £2,677,987, comprising a capital endowment fund of £2,379,759 and a restricted research grant fund of £298,228. The trustees confirm the charity has sufficient resources to continue as a going concern with no material uncertainties identified. The charity reported a net movement in funds of £129,173 for the year ended 31 December 2024.
What the accounts disclose
“Income and endowments from: Investment income 26,524 49,745 76,269 82,738”
“At the year end, the Institute owed the Esperanza Trust for Anthropological Research £198,573 (2023:£157,873) in respect of funds pooled within the Institute to maximise the investment return. The Esperanza Trust devotes about half its income to the Leach/RAI Fellowships and half to meeting special requests from the Council of the Institute, under a clause in its Trust Deed which provides for this procedure. The bank financial statements of the Trust have been merged with the Royal Anthropological Institute's bank financial statements in order to avoid bank charges and to maximise bank interest earned. Bank interest is apportioned to the trust on the basis of the balance held by the Royal Anthropological Institute.”
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Professor Jon Mitchellchair
- Professor SARAH GREEN
- Rebecca Cassidy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £76k | £36k |
| 31/12/2023 | £83k | £46k |
| 31/12/2022 | £69k | £40k |
| 31/12/2021 | £63k | £35k |
| 31/12/2020 | £56k | £49k |
Common questions
Is ESPERANZA TRUST FOR ANTHROPOLOGICAL RESEARCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds total net assets of £2,677,987, comprising a capital endowment fund of £2,379,759 and a restricted research grant fund of £298,228. The trustees confirm the charity has sufficient resources to continue as a going concern with no material uncertainties identified. The charity reported a net movement in funds of £129,173 for the year ended 31 December 2024. Its FY2024 accounts were audited by Friend-James Limited.