THE SAVOY EDUCATIONAL TRUST
The main aim of the Savoy Educational Trust is the advancement and development of education and learning within the hospitality industry. The Trust does this by awarding grants to schools, colleges and universities to benefit those studying hospitality. The Trust also seeks to support projects that will enhance current skills and continuing professional development for this industry.
Objects
THE OBJECTS OF THE CIO ARE SPECIFICALLY RESTRICTED TO SUCH OBJECTS OR PURPOSES WHICH ARE RECOGNISED AS EXCLUSIVELY CHARITABLE UNDER THE LAW OF ENGLAND AND WALES, INCLUDING IN PARTICULAR:I. FOR THE PUBLIC BENEFIT TO ADVANCE AND DEVELOP EDUCATION, TRAINING AND DEVELOPMENT PARTICULARLY (ALTHOUGH NOT NECESSARILY OR EXCLUSIVELY) IN CONNECTION WITH THE HOSPITALITY INDUSTRY AND IN RELATION TO THE ATTAINMENT OF COMPETENCIES AND SKILLS APPROPRIATE TO THAT INDUSTRY.II. TO HELP YOUNG PEOPLE ESPECIALLY, BY PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR CAPABILITIES THAT THEY MAY GROW TO FULL MATURITY AS INDIVIDUALS AND MEMBERS OF SOCIETY.
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted reserves stood at £66,129,487 at the year end, representing a decrease of £1,608,467 from the previous year. The trustees confirm that the charity is capable of meeting all liabilities comfortably and that there are no material uncertainties regarding its ability to operate as a going concern.
What the accounts disclose
“The Trust derives income entirely from its investment portfolio.” — page 37
“The investment of the capital is the only source of on-going income. The investment objective (as stated earlier) helps to protect a core of investments and cash assets to generate income for future grant awards sufficient to meet the needs of present and future beneficiaries.” — page 39
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
- 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 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Employees paid over £60,000: 1 (£70,001–£80,000: 1)
- Grant-making is its main activity
Leadership, per the charity’s website
- Angela Maher — Chief Executive
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (23/11/2015)
Trustees
- HOWARD FIELD FCA FHOSPAchair
- Anastasia Bloom
- DAVID TAYLOR FIH
- Dr SALLY MESSENGER
- Katharine Elizabeth Le Quesne
- Professor Peter Albert Jones
- ROBERT JONATHAN DAVIS MBE DL
- Stephen Lowy
- William James Toner
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.4m | £2.9m |
| 31/03/2024 | £1.5m | £2.4m |
| 31/03/2023 | £1.3m | £2.2m |
| 31/03/2022 | £1.2m | £2.0m |
| 31/03/2021 | £1.3m | £3.2m |
Common questions
Is THE SAVOY EDUCATIONAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted reserves stood at £66,129,487 at the year end, representing a decrease of £1,608,467 from the previous year. The trustees confirm that the charity is capable of meeting all liabilities comfortably and that there are no material uncertainties regarding its ability to operate as a going concern. Its FY2025 accounts were audited by RSM UK Audit LLP.
Who funds THE SAVOY EDUCATIONAL TRUST?
Funders whose own accounts filings name THE SAVOY EDUCATIONAL TRUST as a grant recipient include THE INNHOLDERS' CHARITABLE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE INNHOLDERS' CHARITABLE FOUNDATION | FY2025 | £46k | Innholders’ Scholarships |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JORDAN CHARITABLE FOUNDATION | 1 | £5.1m |
| THE EIGHTY EIGHT FOUNDATION | 1 | £858k |
| ANGUISH'S EDUCATIONAL FOUNDATION | 1 | £118k |
| BAREFOOT COLLEGE INTERNATIONAL UK | 1 | £72k |
| Academie du Vin Foundation | 1 | £32k |
| JOHN INNES FOUNDATION | 1 | £20k |
| Norwich Freemen's Charity | 1 | £20k |
| FARNHAM LIONS CLUB (CIO) | 1 | £2k |
Charities like this
- EDUCATION DEVELOPMENT TRUST
- THE SAW TRUST
- REVO EDUCATIONAL TRUST
- WINE AND SPIRIT EDUCATION TRUST
- THE SUTTON TRUST
- TRAINING AND RESEARCH GLOBAL EDUCATION TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SAVOY EDUCATIONAL TRUST | £1.4m | — | 0 | above | — | no doubt |
| EDUCATION DEVELOPMENT TRUST | £73.8m | £210,000 - £219,999 | — | unclear | — | no doubt |
| THE SAW TRUST | £136k | — | 0 | above | — | no doubt |
| REVO EDUCATIONAL TRUST | £9k | — | 0 | unclear | — | no doubt |
| WINE AND SPIRIT EDUCATION TRUST | £22.7m | — | — | below | — | no doubt |
| THE SUTTON TRUST | £7.1m | — | — | above | — | no doubt |