RHODES TRUST - PUBLIC PURPOSES FUND

Registered charity 232492 · accounts filings on the Charity Commission register · Wikidata: Q24035936 · also known as THE RHODES TRUST

To provide financial scholarships to enable students from selected countries, to pursue a post graduate or second undergraduate degree at the University of Oxford. To make benefactions or donations for primarily educational purposes.

Objects

TO APPLY INCOME AND/OR CAPITAL FOR PROMOTION OR ADVANCEMENT IN THE BRITISH COMMONWEALTH AND U S A OF EDUCATIONAL OR OTHER CHARITABLE PURPOSES IN ANY WAY THE TRUSTEES THINK FIT.

Area of benefit: BRITISH EMPIRE-COMMONWEALTH AND U S A

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: Oxford, South East, England (from the postcode on the register)

Latest income
£34.1m
Latest spending
£62.6m
Registered
1966
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that net assets increased by £1.9m to £547.6m, with total resources expended at £62.6m. The charity holds £11.5m in free reserves, which the Trustees consider sufficient to meet present needs, while noting that the investment performance objective was not met for the year.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Saffery LLP. Discloses 3 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 30/06/2025

  • Volunteers: 512
  • Employees paid over £60,000: 55 (£60,001–£70,000: 13; £70,001–£80,000: 9; £80,001–£90,000: 3; £90,001–£100,000: 7; £100,001–£110,000: 5; £110,001–£120,000: 5; £120,001–£130,000: 3; £130,001–£140,000: 1; £150,001–£200,000: 7; £250,001–£300,000: 1; £350,001–£400,000: 1)
  • Has a trading subsidiary
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 30/06/2024

  • Volunteers: 512
  • Employees paid over £60,000: 47 (£60,001–£70,000: 9; £70,001–£80,000: 6; £80,001–£90,000: 5; £90,001–£100,000: 5; £100,001–£110,000: 3; £110,001–£120,000: 7; £120,001–£130,000: 1; £140,001–£150,000: 1; £150,001–£200,000: 6; £200,001–£250,000: 1; £250,001–£300,000: 3)
  • Has a trading subsidiary
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 30/06/2023

  • Volunteers: 320
  • Employees paid over £60,000: 44 (£60,001–£70,000: 7; £70,001–£80,000: 4; £80,001–£90,000: 9; £90,001–£100,000: 4; £100,001–£110,000: 2; £110,001–£120,000: 1; £120,001–£130,000: 5; £130,001–£140,000: 3; £150,001–£200,000: 4; £200,001–£250,000: 3; £250,001–£300,000: 1; £300,001–£350,000: 1)
  • Has a trading subsidiary
  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

RHODES HOUSE LIMITED — per its own Companies House accounts
  • Turnover: £3.5m
  • Profit before tax: £411k
  • Donated/gift-aided to the charity: £36k
  • Amounts owed to group undertakings of £1,021,078 in 2024 (reduced to £0 in 2025) included VAT on the building development project recoverable from HMRC and payable to the Rhodes Trust. Additionally, trade debtors include £79,304 owed by group undertakings in 2025.
“Distributions to parent charity under gift aid”

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Public profiles (found on the charity’s own website): facebook (51,397 followers) · instagram

Structured financials (annual return, FY ending 30/06/2025)

Total income
£43.2m
Total spending
£62.6m
Cost of raising funds
£6.7m
Reserves (reported)
£11.5m
Employees
150

Reported reserves equal ~2.2 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, cost of raising funds: 15.4% of total income — in the top quarter for charities its size (median 3.7%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Oxfordshire · United States

Income and spending

Financial year endIncomeSpending
30/06/2025£34.1m£62.6m
30/06/2024£27.4m£55.3m
30/06/2023£18.9m£49.8m
30/06/2022£16.4m£37.9m
30/06/2021£23.0m£29.0m

Common questions

Is RHODES TRUST - PUBLIC PURPOSES FUND financially healthy?

Per its FY2025 accounts: The accounts state that net assets increased by £1.9m to £547.6m, with total resources expended at £62.6m. The charity holds £11.5m in free reserves, which the Trustees consider sufficient to meet present needs, while noting that the investment performance objective was not met for the year. Its FY2025 accounts were audited by Saffery LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
CLAN TRUST LIMITED1£17k
THE MILLICHOPE FOUNDATION1£11k
CLA CHARITABLE TRUST1£7k
DUCHY OF LANCASTER BENEVOLENT FUND1£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ROWLAND EDUCATIONAL FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
RHODES TRUST - PUBLIC PURPOSES FUND£34.1m——unclear—no doubt
THE ROWLAND EDUCATIONAL FOUNDATION FY2025£378k—0above—no doubt
THE OPEN UNIVERSITY STUDENTS' EDUCATIONAL TRUST FY2025£114k—0unclear—no doubt
THE ROTHES CHARITABLE TRUST FY2025£148k—0above—no doubt
THE NORTHCOTE TRUST FY2025£179k—0unclear—no doubt
THE SEKFORDE HOUSE TRUST FY2025£96k——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.