THE LEVERHULME TRUST
The Trust provides scholarships and other similar support for education and research. by making grants across a broad range of schemes, by identifying individuals who can demonstrate high-quality scholarship, originality, and excellence, in their chosen research proposal.
Objects
The objects of the CIO for the public benefit are to promote any purpose being exclusively charitable according to the law of England and Wales through the provision of scholarships and other similar support for education and research.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £4,137m, which the Trustees consider to be in line with their policy target of maintaining the real value of reserves over the long term. The charity reported investment income of £124.5m and grants awarded of £137.5m, with a net movement in funds of £130.9m driven by significant investment gains. The Trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trust aims to at least maintain the real value of the level of reserves over the long term and to maintain sufficient liquidity to meet its commitments.” — page 20
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- 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
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Volunteers: 8,950
- Employees paid over £60,000: 5 (£60,001–£70,000: 1; £90,001–£100,000: 1; £150,001–£200,000: 2; £400,001–£450,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 7,800
- Employees paid over £60,000: 5 (£70,001–£80,000: 1; £80,001–£90,000: 1; £130,001–£140,000: 2; £250,001–£300,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Employees paid over £60,000: 5 (£80,001–£90,000: 2; £120,001–£130,000: 1; £140,001–£150,000: 1; £300,001–£350,000: 1)
- Grant-making is its main activity
UK research funding (UKRI Gateway to Research)
- Self assembling peptide hydrogels for human stem cell culture
- Engineering Therapeutic Microbubbles
- Network for Integrated Behavioural Science
- Centre for Market and Public Organisation
- The significance of matriarchal experience for effective leadership in African elephant
- On-site assembly of the actin cortex in semi-synthetic cells to control cell mechanics and behaviour
- Engineering motile artificial cells capable of swimming up concentration gradients
- Advancing bacterial 3D printing for the production of next-generation bio-materials
- Bionic Robotics: Autonomous Biohybrid Machines powered by skeletal muscle tissues
- "Bioprinting of smart deformable structures"
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (11/12/2015)
Trustees
- Alan Jopechair
- Conny Helena Maria Braams
- Dame Hayaatun Sillem DBE PhD
- Graeme Pitkethly
- John Richard Slater
- Keith Weed
- Mhairi McEwan
- PROF KEITH GULL
- Paul McNicholl
- Quintin Rupert Salter Price
- Susan Bjorg Garrard
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £124.5m | £139.1m |
| 31/12/2024 | £103.7m | £117.9m |
| 31/12/2023 | £98.9m | £127.5m |
| 31/12/2022 | £92.2m | £104.2m |
| 31/12/2021 | £95.1m | £140.9m |
Common questions
Is THE LEVERHULME TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £4,137m, which the Trustees consider to be in line with their policy target of maintaining the real value of reserves over the long term. The charity reported investment income of £124.5m and grants awarded of £137.5m, with a net movement in funds of £130.9m driven by significant investment gains. The Trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by PricewaterhouseCoopers LLP.
Who funds THE LEVERHULME TRUST?
Funders whose own accounts filings name THE LEVERHULME TRUST as a grant recipient include THE ROYAL SOCIETY OF LONDON FOR IMPROVING NATURAL KNOWLEDGE (COMMONLY KNOWN AS THE ROYAL SOCIETY).
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ROYAL SOCIETY OF LONDON FOR IMPROVING NATURAL KNOWLEDGE (COMMONLY KNOWN AS THE ROYAL SOCIETY) | FY2022 | £716k | Leverhulme Trust APEX Awards |
| THE ROYAL SOCIETY OF LONDON FOR IMPROVING NATURAL KNOWLEDGE (COMMONLY KNOWN AS THE ROYAL SOCIETY) | FY2022 | £398k | Leverhulme Trust Senior Research Fellowships |
Charities like this
- LEVERHULME TRADE CHARITIES TRUST
- THE LAUREL TRUST
- THE LYNDHURST TRUST
- THE WAKEHAM TRUST
- THE LIMBOURNE TRUST
- DARTMOUTH STREET TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE LEVERHULME TRUST | £124.5m | — | — | above | — | no doubt |
| LEVERHULME TRADE CHARITIES TRUST | £3.1m | — | 0 | above | — | no doubt |
| THE LAUREL TRUST | £48k | — | 0 | unclear | — | no doubt |
| THE LYNDHURST TRUST | £35k | — | — | unclear | — | no doubt |
| THE WAKEHAM TRUST | £41k | — | 0 | above | — | no doubt |
| THE LIMBOURNE TRUST | £120k | — | 0 | unclear | — | no doubt |