TRACE CHARITABLE TRUST
Providing funds for the public benefit
Objects
THE OBJECTS OF THE CHARITY (THE “OBJECTS”) ARE FOR THE PUBLIC BENEFIT (INCLUDING BUT NOT LIMITED TO CURRENT AND FORMER EMPLOYEES OF THE TRACE GROUP AND THEIR RELATIVES – EXCLUDING THE TRUSTEES AND THE TRUSTEES’ RELATIVES) IN ANY PART OF THE WORLD: 1) THE PREVENTION OR RELIEF OF POVERTY. 2) THE RELIEF OF THOSE IN NEED BY REASON OF YOUTH, AGE, SICKNESS, POOR HEALTH, DISABILITY, UNEMPLOYMENT OR ECONOMIC OR SOCIAL DISADVANTAGE.3) TO ADVANCE THE JEWISH FAITH FOR THE PUBLIC BENEFIT, BY THE PROVISION OF GRANTS TO JEWISH ORGANISATIONS ESTABLISHED FOR THE ADVANCEMENT OF RELIGION, AND IN PARTICULAR BUT NOT EXCLUSIVELY, KOL NEFESH MASORTI SYNAGOGUE. 4) ADVANCING EDUCATION FOR THE PUBLIC BENEFIT BY THE PROVISION OF TUITION GRANTS AND AWARDS FOR UK RESIDENTS FROM ECONOMICALLY DEPRIVED BACKGROUNDS SO THEY CAN PURSUE HIGHER EDUCATION AT UK UNIVERSITIES. FOR THE PURPOSES OF THIS CLAUSE “UK RESIDENTS FROM ECONOMICALLY DEPRIVED BACKGROUNDS” MEANS STUDENTS WHO: * ARE STUDYING A FULL OR PART TIME UNDERGRADUATE OR POSTGRADUATE COURSE* ARE CHARGED A TUITION FEE OF AT LEAST 9,000* HAVE A HOUSEHOLD INCOME OF 25,000 OR UNDER AND HAVE APPLIED FOR FUNDING FROM STUDENT FINANCE ENGLAND (SFE), STUDENT FINANCE WALES (SFW), STUDENT FINANCE NORTHERN IRELAND (SFNI) OR STUDENT AWARDS AGENCY FOR SCOTLAND (SAAS). 5) THE ADVANCEMENT OF ANY OTHER CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £1,507,454, driven by higher donation income and gift aid. The charity reported a net income of £277,012 against charitable expenditure of £74,369, resulting in a strong unrestricted fund balance with no stated reserves policy target or liquidity risks.
What the accounts disclose
“During the year, £230,000 (£85,000) of donations were received from a trustee of the charity. Page 9” — page 11
Policies the charity declares
- Complaints handling
- Conflicting interests
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding vulnerable beneficiaries
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 05/04/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2023
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 3 were received after the due date: year ending 05/04/2025 (received 13/05/2026, 97 days after the 05/02/2026 due date); year ending 05/04/2024 (received 31/12/2025, 329 days after the 05/02/2025 due date); year ending 05/04/2023 (received 27/01/2025, 357 days after the 05/02/2024 due date).
Trustees
- Dr GEORGIA LOUISE KAUFMANN
- JOHN MURPHY
- Joe Murphy
- Richard Wolfe
- Ruth Sophia Kaufmann Wolfe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £350k | £74k |
| 05/04/2024 | £157k | £33k |
| 05/04/2023 | £83k | £57k |
| 05/04/2022 | £98k | £6k |
| 05/04/2021 | £306k | £28k |
Common questions
Is TRACE CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased to £1,507,454, driven by higher donation income and gift aid. The charity reported a net income of £277,012 against charitable expenditure of £74,369, resulting in a strong unrestricted fund balance with no stated reserves policy target or liquidity risks. Its FY2025 accounts were independently examined.
Charities like this
- THE I S A CHARITY
- REMEDY TRUST
- C A ROOKES CHARITABLE TRUST
- GOLDEN CHARITABLE TRUST
- THE GRACE TRUST
- THE P T C TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TRACE CHARITABLE TRUST | £350k | — | 0 | unclear | — | no doubt |
| THE I S A CHARITY | £52k | — | 0 | unclear | — | no doubt |
| REMEDY TRUST | £959k | — | 0 | unclear | — | no doubt |
| C A ROOKES CHARITABLE TRUST | £197k | — | 0 | unclear | — | no doubt |
| GOLDEN CHARITABLE TRUST | £30k | — | 0 | unclear | — | no doubt |
| THE GRACE TRUST | £68.2m | — | 0 | unclear | — | no doubt |