THE MAGENI TRUST
Donates money to other charities across a range of activities. Does not give grants to individuals.
Objects
SUCH CHARITABLE PURPOSES IN ENGLAND AND WALES AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds were maintained at £116,211, which the trustees consider sufficient to meet their reserves policy of three to six months' expenditure. The trust reported a net income of £3,333 for the year, funded primarily by investment income, and confirmed it has adequate resources to continue as a going concern.
What the accounts disclose
“It is the policy of the trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure” — page 4
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/05/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/05/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/05/2023
- Grant-making is its main activity
Trustees
- ALEX COLLINS
- GARF COLLINS
- Gillian Collins
- Tom Collins
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £145k | £141k |
| 31/05/2024 | £144k | £148k |
| 31/05/2023 | £144k | £142k |
| 31/05/2022 | £147k | £141k |
| 31/05/2021 | £144k | £140k |
Common questions
Is THE MAGENI TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds were maintained at £116,211, which the trustees consider sufficient to meet their reserves policy of three to six months' expenditure. The trust reported a net income of £3,333 for the year, funded primarily by investment income, and confirmed it has adequate resources to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST NICHOLAS, SEVENOAKS | 1 | £19k |
Charities like this
- MAITRI FOUNDATION
- MAGEN CHARITABLE TRUST
- MAINZ CHARITABLE TRUST
- THE MERI TRUST
- THE EPIGONI TRUST
- MHANGO TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MAGENI TRUST | £145k | — | 0 | within | — | no doubt |
| MAITRI FOUNDATION | £28k | — | 0 | unclear | — | no doubt |
| MAGEN CHARITABLE TRUST | £165k | — | 0 | above | — | no doubt |
| MAINZ CHARITABLE TRUST | £31k | — | 0 | unclear | — | no doubt |
| THE MERI TRUST | £79k | — | 0 | unclear | — | no doubt |
| THE EPIGONI TRUST | £60k | — | — | unclear | — | no doubt |