THE BRUE FOUNDATION
The charity operates through making grants, prioritising those projects that focus on educating individuals on a variety of religions, creating an understanding of different religions and promoting the harmonisation or integration of different religions. The charity also makes grants to charities that support children's cancer patients and their families, cancer and stroke treatment and research.
Financial health, per its FY2026 accounts
The accounts state that the charity held total net assets of £5,643,376, comprising £5,527,244 in endowment funds and £66,132 in free reserves. The trustees report a reserves policy to hold sufficient funds for anticipated annual grants estimated at £25,000, noting that free reserves significantly exceed this target. The trustees acknowledge significant uncertainty regarding the value of land investments but confirm adequate resources for foreseeable operational existence.
What the accounts disclose
“The charity's policy is to hold sufficient reserves to cover anticipated annual grants and other expenditure which is currently estimated at £25,000.” — page 5
“Mr A.A.E. Glenton and Mrs S.L. Glenton Smith, Trustees of the Foundation, are partners in the firm of Ryecroft Glenton who are retained as accountants to the Foundation. In the year ending 31 January 2026 accountancy, secretarial and professional fees were charged or accrued amounting to £15,268 (2025: £13,853) plus vat.” — page 6
“During the year the Trust used the services of Portland Financial Management Limited (PFM) to procure the continuing services of investment managers, Cazenove Capital Management (CCM) at a discounted rate substantially more favourable than the rates generally available. The amount received by PFM in respect of this engagement was £5,658 (2025: £5,272) plus vat. PFM is wholly owned by Ryecroft Glenton.” — page 6
“Mr A.A.E. Glenton and Mrs S.L. Glenton Smith, Trustees of the Foundation, are partners in the firm of Ryecroft Glenton who are retained as accountants to the Foundation. In the year ending 31 January 2026 accountancy, secretarial and professional fees were charged or accrued amounting to £15,268 (2025: £13,853) plus vat.” — page 6
“During the year the Trust used the services of Portland Financial Management Limited (PFM) to procure the continuing services of investment managers, Cazenove Capital Management (CCM) at a discounted rate substantially more favourable than the rates generally available. The amount received by PFM in respect of this engagement was £5,658 (2025: £5,272) plus vat. PFM is wholly owned by Ryecroft Glenton.” — page 6
Trustees
- COLONEL ANTHONY ARTHUR EDWARD GLENTON CBE TD DL
- John Robert Gullick
- Sophie Louise Glenton
- Stephen Gullick
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2026 | £27k | £41k |
| 31/01/2025 | £32k | £37k |
| 31/01/2024 | £32k | £34k |
| 31/01/2023 | £30k | £32k |
| 31/01/2022 | £28k | £35k |
Common questions
Is THE BRUE FOUNDATION financially healthy?
Per its FY2026 accounts: The accounts state that the charity held total net assets of £5,643,376, comprising £5,527,244 in endowment funds and £66,132 in free reserves. The trustees report a reserves policy to hold sufficient funds for anticipated annual grants estimated at £25,000, noting that free reserves significantly exceed this target. The trustees acknowledge significant uncertainty regarding the value of land investments but confirm adequate resources for foreseeable operational existence. Its FY2026 accounts were independently examined.