BORLETTI-BUITONI TRUST
The Borletti-Buitoni Trust helps outstanding young musicians to develop and sustain international careers with awards that fund tailor-made projects. Since June 2019 it has also made grants to organisations internationally who make a difference to communities through music.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased to £2,831,498 from £3,246,730 in the prior year, driven by a net decrease in funds of £401,128. The Trustees consider the current level of free reserves to be sufficient to cover operational costs and a year of awards, noting that the minimum estimated level is £400,000. The charity reported total income of £39,441 against total expenditure of £500,578 for the year.
What the accounts disclose
“One employee earned between £60,000 and £70,000 during the year (2024: nil, as neither employee worked over the whole year).”
“One employee earned between £60,000 and £70,000 during the year (2024: nil, as neither employee worked over the whole year).”
“Total income for the period amounted to £39,441 (2024: £48,945). Current year income comprises £39,056 from investments and £385 from bank interest” — page 17
“To cover operational costs and a year of awards, the minimum level of free reserves is estimated to be £400,000.” — page 17
“During the year a grant of £5,000 was made to Marlboro School of Music of which Mitsuko Uchida DBE is the Co-Director (2024: £5,000). The Società del Quartetto di Milano, of which Ilaria Borletti Buitoni is President, and Maria Majno is Vice-President, received a grant of £10,000 (2024: £15,000). Trustees are encouraged to engage with the work of the artists and organisations that the Trust supports, and basic expenses (concert tickets, travel and accommodation) refunded for the year totalled £1,480 (2023: £500). The unlisted investments held by the charity were originally donated during the year ended 31 July 2018 by David Landau CBE, a Trustee of the Trust and Chairman of Saffron Hill Investors (Guernsey) Limited.” — page 39
Register events
- Received assets from another charity (21/12/2016)
Trustees
- ILARIA CARLA ANNA BORLETTI DELL'ACQUAchair
- David Landau
- MARIA MAINO
- PAUL CUTTS
- SUSAN RIVERS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £39k | £501k |
| 31/07/2024 | £49k | £410k |
| 31/07/2023 | £73k | £529k |
| 31/07/2022 | £53k | £492k |
| 31/07/2021 | £44k | £595k |
Common questions
Is BORLETTI-BUITONI TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased to £2,831,498 from £3,246,730 in the prior year, driven by a net decrease in funds of £401,128. The Trustees consider the current level of free reserves to be sufficient to cover operational costs and a year of awards, noting that the minimum estimated level is £400,000. The charity reported total income of £39,441 against total expenditure of £500,578 for the year. Its FY2025 accounts were audited by Buzzacott Audit LLP.
What does the highest-paid employee of BORLETTI-BUITONI TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.