CLIFTON COLLEGE ENDOWMENT FUND
Provision of scholarships, educational grants and bursaries and other grants for the benefit of or in connection with Clifton College.
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £6,141,227, driven by a net movement in funds of £398,750. The charity holds £235,380 in free reserves, which is above its stated policy target of approximately £161,000. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the charity to maintain sufficient reserves to cover one years' worth of scholarships (approximately £161,000).” — page 5
Funders the charity credits
- Jonathan Glassberg
Structured financials (annual return, FY ending 31/12/2022)
Trustees
- Alexander Turco
- Andrew Rudge
- Benjamin Philip Preston
- MARK GRAHAM ELDRIDGE
- Major Jeremy Dawson Walters
- Matthew John Howard-Cairns
- Rachel Morris
- Simon John Millington Reece
- William Hockey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £170k | £231k |
| 31/12/2023 | £155k | £218k |
| 31/12/2022 | £657k | £202k |
| 31/12/2021 | £376k | £196k |
| 31/12/2020 | £176k | £164k |
Common questions
Is CLIFTON COLLEGE ENDOWMENT FUND financially healthy?
Per its FY2024 accounts: The accounts state that total funds increased to £6,141,227, driven by a net movement in funds of £398,750. The charity holds £235,380 in free reserves, which is above its stated policy target of approximately £161,000. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TOMLINSON FAMILY CHARITABLE TRUST | 1 | £225k |
| CLIFTON COLLEGE DEVELOPMENT TRUST | 1 | £82k |
| JOHN JAMES BRISTOL FOUNDATION | 1 | £63k |
| The Brindle Foundation | 1 | £14k |
| DAVID FORBES-NIXON FAMILY CHARITABLE FOUNDATION | 1 | £11k |
Charities like this
- CLIFTON COLLEGE DEVELOPMENT TRUST
- CLIFTON COLLEGE
- BRIGHTON COLLEGE SCHOLARSHIP, BURSARY AND PRIZE ENDOWMENTS
- THE MARLBURIAN CLUB CHARITABLE FUND
- ALL SAINTS CHURCH CLIFTON ENDOWMENTS
- ST MARY REDCLIFFE WITH TEMPLE EDUCATIONAL CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CLIFTON COLLEGE ENDOWMENT FUND | £170k | — | 0 | above | — | no doubt |
| CLIFTON COLLEGE DEVELOPMENT TRUST | £171k | — | 0 | below | 0.1% | no doubt |
| CLIFTON COLLEGE | £43.0m | — | — | below | — | no doubt |
| BRIGHTON COLLEGE SCHOLARSHIP, BURSARY AND PRIZE ENDOWMENTS | £328k | — | 0 | unclear | — | no doubt |
| THE MARLBURIAN CLUB CHARITABLE FUND | £209k | — | 0 | below | — | no doubt |
| ALL SAINTS CHURCH CLIFTON ENDOWMENTS | £135k | — | 0 | unclear | — | no doubt |