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THE LEVERHULME TRUST

Registered charity 1159154 · accounts filings on the Charity Commission register

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.

Causes: General Charitable Purposes · Education/training · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£124.5m
Latest spending
£139.1m
Registered
2014
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: maintain the real value of the level of reserves over the long term (held: £4137.3m)
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by PricewaterhouseCoopers LLP. Discloses 4 of 6 completeness components.

UK research funding (UKRI Gateway to Research)

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£124.5m
Total spending
£139.1m
Cost of raising funds
£3.9m
Reserves (reported)
£4136.0m
Employees
19

Per its annual return, largest income source: Investments (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 3.1% of total income — above the median for charities its size (2.9%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE ROYAL SOCIETY OF LONDON FOR IMPROVING NATURAL KNOWLEDGE (COMMONLY KNOWN AS THE ROYAL SOCIETY)FY2022£716kLeverhulme Trust APEX Awards
THE ROYAL SOCIETY OF LONDON FOR IMPROVING NATURAL KNOWLEDGE (COMMONLY KNOWN AS THE ROYAL SOCIETY)FY2022£398kLeverhulme Trust Senior Research Fellowships

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE HAPPY BABY COMMUNITY1£28k
THE HOUSING ASSOCIATIONS' CHARITABLE TRUST1£20k
CLAN TRUST LIMITED1£14k
THE MILLICHOPE FOUNDATION1£8k
CLA CHARITABLE TRUST1£7k
HABITAT FOR HUMANITY GREAT BRITAIN1£4k
DUCHY OF LANCASTER BENEVOLENT FUND1£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with LEVERHULME TRADE CHARITIES TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE LEVERHULME TRUST£124.5m——above—no doubt
LEVERHULME TRADE CHARITIES TRUST FY2025£3.1m—0above—no doubt
THE SUTASOMA TRUST FY2025£134k—0unclear—no doubt
SCHRODER CHARITY TRUST FY2025£598k—0unclear—no doubt
THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST FY2025£192k—0unclear—no doubt
DAVID & RUTH LEWIS FAMILY CHARITABLE TRUST FY2025£4.6m—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.