DICKRAN AND SETA OUZOUNIAN EDUCATIONAL TRUST
The object of the Trust is the advancement of education in the UK of needy Armenian students from anywhere in the world including the furtherance of studies in music and the arts.
Financial health, per its FY2025 accounts
The accounts state that the Trust Fund grew to £2.88 million, but the Unrestricted Fund ended the year £37,000 in the red. To cover this deficit, the Trustees transferred funds from the Expendable Endowment, noting that the outcome was not wholly unexpected due to market volatility. The Trustees confirm they have adequate resources to remain operational for the foreseeable future.
What the accounts disclose
“The Trust's income consists solely of dividends and capital growth of the investment portfolio with minor contributions from interest on bank deposits.” — page 3
“the Unrestricted Fund began the period at zero and ended £37k in the red”
Trustees
- BASIL PAUL GULBENKIANchair
- GARO GARABEDIAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £88k | £112k |
| 31/12/2024 | £70k | £115k |
| 31/12/2023 | £69k | £82k |
| 31/12/2022 | £53k | £118k |
Common questions
Is DICKRAN AND SETA OUZOUNIAN EDUCATIONAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust Fund grew to £2.88 million, but the Unrestricted Fund ended the year £37,000 in the red. To cover this deficit, the Trustees transferred funds from the Expendable Endowment, noting that the outcome was not wholly unexpected due to market volatility. The Trustees confirm they have adequate resources to remain operational for the foreseeable future. Its FY2025 accounts were independently examined.