HALLE ENDOWMENT TRUST
To maintain a capital endowment fund and to apply the annual income of that fund in perpetuity towards the education of the general public in the study, appreciation and practice of music and the allied arts by furthering and supporting the objects and work of the Halle Concerts Society.
Financial health, per its FY2024 accounts
The accounts state that the charity holds total fund balances of £7,641,073, comprising two permanent endowment funds. The trustees report that reserves are maintained above the stated target buffer level, and the auditor confirms there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“On the basis of information from the Investment Managers the trustees have set the target level for this “Buffer reserve” at 20% of the market value of investments”
“The Hallé Endowment Trust is a subsidiary of the Hallé Concerts Society and is aggregated in the group accounts of the Society. The Society is a registered charity (number 223882) and a company limited by guarantee (number 62753), incorporated in the UK.” — page 26
Funders the charity credits
Trustees
- Claire Dwyer
- DAVID MCKEITH
- Deborah Anne Francis
- Elizabeth Margaret Shepherd
- John Eckersley
- Simon Shelbourn
- Timothy James Seagrave
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £293k | £351k |
| 31/12/2023 | £272k | £381k |
| 31/12/2022 | £253k | £349k |
| 31/12/2021 | £206k | £348k |
| 31/12/2020 | £332k | £307k |
Common questions
Is HALLE ENDOWMENT TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds total fund balances of £7,641,073, comprising two permanent endowment funds. The trustees report that reserves are maintained above the stated target buffer level, and the auditor confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HELEN HAMLYN TRUST | 1 | £2.5m |
| THE MICHAEL BISHOP FOUNDATION | 1 | £1.1m |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £350k |
| THE BAND TRUST | 1 | £255k |
| THE SACKLER TRUST | 1 | £50k |
| THE KATHLEEN HANNAY MEMORIAL CHARITY | 1 | £40k |
| THE REED FOUNDATION | 1 | £34k |
| MOYNITRUST | 1 | £30k |
Charities like this
- THE CHARLES HALLE FOUNDATION
- OXFORD PHILHARMONIC ORCHESTRA TRUST
- THE ENGLISH CONCERT
- THE LONDON SYMPHONY ORCHESTRA ENDOWMENT TRUST
- THE PREMISES MUSIC EDUCATION PROGRAMME
- DURHAM CHORAL SOCIETY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HALLE ENDOWMENT TRUST | £293k | — | 0 | above | — | no doubt |
| THE CHARLES HALLE FOUNDATION | £242k | — | 0 | above | — | no doubt |
| OXFORD PHILHARMONIC ORCHESTRA TRUST | £3.1m | £80,001 - £90,000 | 1 | within | — | no doubt |
| THE ENGLISH CONCERT | £1.4m | — | — | unclear | — | no doubt |
| THE LONDON SYMPHONY ORCHESTRA ENDOWMENT TRUST | £1.1m | — | 0 | above | — | no doubt |
| THE PREMISES MUSIC EDUCATION PROGRAMME | £170k | — | 0 | unclear | — | no doubt |