THE PILGRIM TRUST
The Pilgrim Trust makes grants to other charities and public bodies in the fields of preservation and scholarship and social welfare. It works within the priorities that are set by the Trustees and funds specific programmes that are outlined on its website.
Objects
SUCH CHARITABLE PURPOSES WITHIN GREAT BRITAIN AND NORTHERN IRELAND AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that total reserves increased to £94,706,447 at the end of the year, supported by net gains on investments of £8,535,886. The Trustees report that the endowment stood at £100,409,694, with a stated policy to maintain its value in real terms over the long term. The charity does not actively fundraise and relies on investment income to meet its distribution targets and operational costs.
What the accounts disclose
“One employee earned between £95,001 - £100,000 (2024: one between £90,001 - £95,000).” — page 42
“One employee earned between £95,001 - £100,000” — page 42
Year-over-year changes
- Top pay band moved from £90,001 - £95,000 (FY2024) to £95,001 - £100,000 (FY2025).
Policies the charity declares
- 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
- Paying staff
- 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 31/12/2025
- Employees paid over £60,000: 1 (£90,001–£100,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Employees paid over £60,000: 1 (£90,001–£100,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Employees paid over £60,000: 1 (£80,001–£90,000: 1)
- Grant-making is its main activity
In the news
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- ATULKUMAR BHOGILAL PATEL MBE
- Alice Flora La Trobe Weston
- CULLAGH WARNOCK
- Dr ANNA KEAY
- Dr Alexander John Sturgis
- Joan Winterkorn
- Lord James Sassoon
- Marie Staunton
- Matthew William Ridley
- Samira Ahmed
- Simone Spray
- Tobias Alexander Anstruther
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.2m | £3.5m |
| 31/12/2024 | £1.3m | £3.2m |
| 31/12/2023 | £1.6m | £2.8m |
| 31/12/2022 | £1.9m | £3.6m |
| 31/12/2021 | £1.6m | £3.4m |
Common questions
Is THE PILGRIM TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total reserves increased to £94,706,447 at the end of the year, supported by net gains on investments of £8,535,886. The Trustees report that the endowment stood at £100,409,694, with a stated policy to maintain its value in real terms over the long term. The charity does not actively fundraise and relies on investment income to meet its distribution targets and operational costs. Its FY2025 accounts were audited by Buzzacott Audit LLP.
What does the highest-paid employee of THE PILGRIM TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £95,001 - £100,000 band, and 1 employees earned over £60,000.
Who funds THE PILGRIM TRUST?
Funders whose own accounts filings name THE PILGRIM TRUST as a grant recipient include THE IDLEWILD TRUST, DR RADCLIFFE'S TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE IDLEWILD TRUST | FY2024 | £20k | Collaborative project with Anna Plowden Trust, National Manuscripts Conservation Trust, Pilgrim Trust and Radcliffe Trust |
| DR RADCLIFFE'S TRUST | FY2025 | £8k | Free Creative workshops in specialist arts and crafts, led by industry professionals to improve the careers of young artists |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROYAL SOCIETY OF LONDON FOR IMPROVING NATURAL KNOWLEDGE (COMMONLY KNOWN AS THE ROYAL SOCIETY) | 1 | £1.1m |
| THE CHRISTOPHER LAING FOUNDATION | 1 | £3k |
Charities like this
- THE PILLING TRUST FUND
- THE CLERGY REST FUND
- THE LEVERHULME TRUST
- RAMBLERS HOLIDAYS CHARITABLE TRUST
- PILGRIM SUPPORT
- DR L H A PILKINGTON'S CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PILGRIM TRUST | £1.2m | £95,001 - £100,000 | 1 | unclear | — | no doubt |
| THE PILLING TRUST FUND | £351k | — | 0 | above | — | no doubt |
| THE CLERGY REST FUND | £27k | — | 0 | unclear | — | no doubt |
| THE LEVERHULME TRUST | £124.5m | — | — | above | — | no doubt |
| RAMBLERS HOLIDAYS CHARITABLE TRUST | £128k | — | 0 | unclear | — | no doubt |
| PILGRIM SUPPORT | £125k | — | 0 | unclear | — | no doubt |