THE KENNEDY TRUST FOR RHEUMATOLOGY RESEARCH

Registered charity 260059 · accounts filings on the Charity Commission register · also known as THE KENNEDY INSTITUTE, THE KENNEDY INSTITUTE OF RHEUMATOLOGY TRUST, THE MATHILDA AND TERENCE KENNEDY INSTITUTE OF RHEUMATOLOGY, THE MATHILDA AND TERENCE KENNEDY INSTITUTE OF RHEUMATOLOGY TRUST

The trust's mission is to investigate, study and carry out, or procure the carrying out of, research into the causes and means of treatment of rheumatism and allied diseases.

Objects

The Objects for which the Charity is established are to provide financial and other support, infrastructure and training in scientific and clinical research that enhances understanding of rheumatic disorders and related immune mediated conditions, as well as the application of this research for the benefit of patients.

Area of benefit: NOT DEFINED

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

Causes: The Advancement Of Health Or Saving Of Lives · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: Hammersmith and Fulham, London, England (from the postcode on the register)

Latest income
£11.3m
Latest spending
£5.8m
Registered
1970
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total unrestricted reserves stood at £331.7 million, with a general fund of £327.6 million, providing substantial liquidity. The charity carries out no fundraising activities and relies entirely on investment returns, which generated a net gain of £26 million in the year. The trustees confirm that resources are adequate to continue operations with no material uncertainties identified.

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

What the accounts disclose

Reserves policy: maintain the real value of the level of reserves over the long-term (reserves figure: £327.6m)
“the Trust’s policy is to maintain the real value of the level of reserves over the long-term”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant to University of Cambridge led by Professor Paul Lehner, a non-Trustee member of the Research Committee.
“one of the Trust’s 2024 Research Ignition Awards was granted to the University of Cambridge during the year. The project was led by Professor Paul Lehner, a non-Trustee member of the Research Committee. The total grant awarded was £99,970, with £58,148 outstanding at the start of the year. £58,100 was paid during the year, £48 was written back and there were no payments remaining at the year end.” — page 36
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by MHA. Discloses 4 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 30/09/2025

  • Employees paid over £60,000: 2 (£60,001–£70,000: 1; £120,001–£130,000: 1)
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 30/09/2024

  • Employees paid over £60,000: 2 (£60,001–£70,000: 1; £110,001–£120,000: 1)
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 30/09/2023

  • Employees paid over £60,000: 1 (£110,001–£120,000: 1)
  • Grant-making is its main activity

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

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Structured financials (annual return, FY ending 30/09/2025)

Total income
£11.3m
Total spending
£5.8m
Cost of raising funds
£1.5m
Reserves (reported)
£331.7m
Employees
4

Per its annual return, cost of raising funds: 13.1% of total income — above the median for charities its size (3.7%) (benchmarks).

Trustees · trustee networks

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

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/09/2025£11.3m£5.8m
30/09/2024£10.7m£7.0m
30/09/2023£8.9m£17.4m
30/09/2022£8.7m£7.7m
30/09/2021£10.8m£20.8m

Common questions

Is THE KENNEDY TRUST FOR RHEUMATOLOGY RESEARCH financially healthy?

Per its FY2025 accounts: The accounts state that total unrestricted reserves stood at £331.7 million, with a general fund of £327.6 million, providing substantial liquidity. The charity carries out no fundraising activities and relies entirely on investment returns, which generated a net gain of £26 million in the year. The trustees confirm that resources are adequate to continue operations with no material uncertainties identified. Its FY2025 accounts were audited by MHA.

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with TRAFFORD RENAL RESEARCH TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE KENNEDY TRUST FOR RHEUMATOLOGY RESEARCH£11.3m——above—no doubt
TRAFFORD RENAL RESEARCH TRUST FY2025£95k—0unclear—no doubt
THE CHARTERHOUSE RHEUMATISM CHARITY FY2025£125k—0unclear—no doubt
KD-UK, KENNEDY'S DISEASE UK FY2026£40k—0unclear—no doubt
KIDNEY RESEARCH UK FY2025£14.5m£130,001 - £140,000—within—no doubt
THE THROMBOSIS RESEARCH TRUST FY2025£181k—0above—no doubt

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