THE BEIT TRUST
The Trustees' objectives are to provide assistance in the fields of education, health, welfare and the environment strictly within the beneficial area. Individual grants do not normally exceed GBP50,000 and assistance in the field of education is normally restricted to secondary and tertiary education.
Financial health, per its FY2024 accounts
The accounts state that the Trust holds unrestricted reserves of £133.6m, which effectively serve as a reserve for its activities given the absence of a specific policy target. The Trust operates on a total return basis, relying on investment income and capital growth to fund its charitable objectives and support costs.
What the accounts disclose
“There was 1 employee who earned between £100k - £110k and 1 employee who earned between £60k £70k” — page 20
“The unfunded pension liability was calculated by actuaries, The Cartwright Group, as £2,835,652 at 31 December 2024.” — page 9
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ALEX DUNCANchair
- Alison Tweed
- Andrew Richard Whittall
- James Munro
- Ms Liseli Bull
- PROFESSOR CHRIS LAVY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.8m | £3.7m |
| 31/12/2023 | £3.0m | £3.9m |
| 31/12/2022 | £2.6m | £3.0m |
| 31/12/2021 | £2.4m | £3.1m |
| 31/12/2020 | £2.3m | £2.9m |
Common questions
Is THE BEIT TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the Trust holds unrestricted reserves of £133.6m, which effectively serve as a reserve for its activities given the absence of a specific policy target. The Trust operates on a total return basis, relying on investment income and capital growth to fund its charitable objectives and support costs. Its FY2024 accounts were audited by Azets Audit Services Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TRUEDENE CO LIMITED | 1 | £101k |
| THE KUPAH CHARITABLE TRUST | 1 | £35k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LAURENCE, NORTHFIELD BIRMINGHAM | 1 | £12k |
| GERSON BERGER ASSOCIATION LIMITED | 1 | £3k |
Charities like this
- Bedford School Foundation Trust
- Becht Foundation
- WILLIAM PALMER COLLEGE EDUCATIONAL TRUST
- BHAGVATINANDJI HEALTH AND EDUCATION TRUST
- THE GRANTHAM YORKE TRUST
- B E PERL CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE BEIT TRUST | £2.8m | — | 2 | unclear | — | no doubt |
| Bedford School Foundation Trust | £2.7m | — | 0 | above | — | no doubt |
| Becht Foundation | £8.5m | $250,001 - $260,000 | 2 | unclear | — | no doubt |
| WILLIAM PALMER COLLEGE EDUCATIONAL TRUST | £260k | — | 0 | unclear | — | no doubt |
| BHAGVATINANDJI HEALTH AND EDUCATION TRUST | £148k | — | 0 | above | — | no doubt |
| THE GRANTHAM YORKE TRUST | £283k | — | 0 | unclear | — | no doubt |