THE ASHMOLEAN MUSEUM ENDOWMENT TRUST
Grant making
Objects
THE OBJECT OF THE TRUST IS TO ADVANCE EDUCATION IN THE ARTS AND ARCHAEOLOGY FOR THE PUBLIC BENEFIT AT THE ASHMOLEAN MUSEUM OF ARTS AND ARCHAEOLOGY IN THE UNIVERSITY OF OXFORD BY THE PROVISION OF FINANCIAL AND OTHER SUPPORT INCLUDING BUT WITHOUT LIMITATION TO SUPPORT FOR GENERAL UPKEEP, TEACHING, RESEARCH AND THE FACILITATION OF PUBLIC ACCESS.
Financial health, per its FY2025 accounts
The accounts state that the charity holds total net assets of £12,193,970, comprising unrestricted, designated, and restricted funds. The trustees report that free cash stood at £482,451, which they aim to maintain to cover annual donations and governance costs. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The trustees aim to maintain sufficient free cash to make no less than one annual donation to the Ashmolean Museum and to pay, out of restricted income, for the governance costs.” — page 5
“As per note 2, donations were made to the Ashmolean Museum totalling £371,324 (2024: £370,000). Dr Alexander Sturgis CBE (a Trustee) is the Director of the Ashmolean Museum.” — page 17
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2024) to "above" (FY2025).
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
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?
Per its FY2025 accounts: The accounts state that the charity holds total net assets of £12,193,970, comprising unrestricted, designated, and restricted funds. The trustees report that free cash stood at £482,451, which they aim to maintain to cover annual donations and governance costs. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Saffery LLP.
Who funds THE ASHMOLEAN MUSEUM ENDOWMENT TRUST?
Funders whose own accounts filings name THE ASHMOLEAN MUSEUM ENDOWMENT TRUST as a grant recipient include THE EIGHTY EIGHT FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE EIGHTY EIGHT FOUNDATION | FY2025 | £8k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Gerald and Gail Ronson Family Foundation | 1 | £200k |
| MYISRAEL | 1 | £54k |
| ANSON CHARITABLE TRUST | 1 | £6k |
| KEREN TRUST | 1 | £5k |
| THE CLORE DUFFIELD FOUNDATION | 1 | £5k |
Charities like this
- ASHENDENE TRUST
- THE ALDAMA FOUNDATION
- THE ELIAS ASHMOLE TRUST
- ASHKELON FOUNDATION
- THE SHALOM TRUST
- ASHBOURNE ALMSHOUSE CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ASHMOLEAN MUSEUM ENDOWMENT TRUST | £494k | — | 0 | above | — | no doubt |
| ASHENDENE TRUST | £44k | — | 0 | above | — | no doubt |
| THE ALDAMA FOUNDATION | £625k | — | 0 | unclear | — | no doubt |
| THE ELIAS ASHMOLE TRUST | £181k | — | 0 | unclear | — | no doubt |
| ASHKELON FOUNDATION | £206k | — | 0 | unclear | — | no doubt |
| THE SHALOM TRUST | £36k | — | 0 | unclear | — | no doubt |