THE ASHMOLEAN MUSEUM ENDOWMENT TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity's total funds decreased from £11,885,975 to £11,322,719, primarily due to a significant unrealised loss on investments of £652,182. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future, with unrestricted reserves of £3,713,852 available for general use.
What the accounts disclose
“The trustees aim to maintain sufficient free cash to make no less that one annual donation to the Ashmolean Museum and to pay for the governance costs.” — page 5
“As per note 2, donations were made to the Ashmolean Museum totalling £386,500. Dr Alexander Sturgis (a Trustee) is the Director of the Ashmolean Museum.” — page 17
Structured financials (annual return, FY ending 05/04/2021)
Trustees
- Lord James Roger Crompton Lupton CBEchair
- Dr Alexander John Sturgis
- LORD ANDREW SIMON FELDMAN
- Philip Bruce Kay
- Professor Irene Mary Carmel Tracey CBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £494k | £386k |
| 05/04/2024 | £459k | £383k |
| 05/04/2023 | £490k | £401k |
| 05/04/2022 | £409k | £348k |
| 05/04/2021 | £1.5m | £311k |
Common questions
Is THE ASHMOLEAN MUSEUM ENDOWMENT TRUST financially healthy?
The accounts state that the charity's total funds decreased from £11,885,975 to £11,322,719, primarily due to a significant unrealised loss on investments of £652,182. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future, with unrestricted reserves of £3,713,852 available for general use. Its FY2023 accounts were audited by Saffery LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SAMJO LIMITED | 1 | £904k |
| MOLE CHARITABLE TRUST | 1 | £95k |
| ANSON CHARITABLE TRUST | 1 | £2k |