THE VASEPPI TRUST
Grants are made to support a variety of organisations and charities, particularly in the areas of arts and education.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds of £7,899,507, derived primarily from investment returns and donations. The trustees consider this amount an appropriate base for future grant-making, noting that the funds are effectively an expendable endowment under the trust deed. The charity reported a net income increase to £263,206 for the year ended 31 December 2025.
What the accounts disclose
“The Trustees consider that the unrestricted funds of £7,909,107 provide an appropriate base from which capital appreciation should ensure that grant-making can continue in line with the Trustees' objectives.”
“Robert Cope is a director of Globe12 Ltd, which manages the Cypanga SICAV Focus fund. The Charity invested in this fund during the year, but there were no management fees paid to Globe12 during 2025. His voluntary time for overseeing the management of the investments has not been included in the financial statements.” — page 15
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2024) to "below" (FY2025).
Trustees
- Robert Cope
- SIRI ALEXANDRA PERTWEE COPE
- THOMAS CYRUS FUSSELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £106k | £376k |
| 31/12/2024 | £174k | £416k |
| 31/12/2023 | £111k | £366k |
| 31/12/2022 | £7k | £249k |
| 31/12/2021 | £5k | £206k |
Common questions
Is THE VASEPPI TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted funds of £7,899,507, derived primarily from investment returns and donations. The trustees consider this amount an appropriate base for future grant-making, noting that the funds are effectively an expendable endowment under the trust deed. The charity reported a net income increase to £263,206 for the year ended 31 December 2025. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| THE KNIGHTLAND FOUNDATION | 1 | £80k |
| SF FOUNDATION | 1 | £33k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £12k |
| THE GROCERS' CHARITY | 1 | £5k |
| DUCHY OF LANCASTER BENEVOLENT FUND | 1 | £5k |
Charities like this
- Cotswolds Arts Through Schools
- YAD VEACHISOMOCH L'CHAIM
- BARON DAVENPORT'S CHARITY CIO
- BELVEDERE TRUST
- J V TRUST
- MEKADSHEI SHEVEI CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE VASEPPI TRUST | £106k | — | 0 | below | — | no doubt |
| Cotswolds Arts Through Schools | £581k | — | 0 | unclear | — | no doubt |
| YAD VEACHISOMOCH L'CHAIM | £834k | — | 0 | unclear | — | no doubt |
| BARON DAVENPORT'S CHARITY CIO | £192k | — | 0 | above | — | no doubt |
| BELVEDERE TRUST | £773k | — | 0 | above | — | no doubt |
| J V TRUST | £344k | — | 0 | unclear | — | no doubt |