THE BUNAC EDUCATIONAL SCHOLARSHIP TRUST
The principal activity is the advancement of education by granting scholarships and grants to persons to pursue courses of approved study or research. Grants and Travel Awards have been made to people from Britain starting such courses in the USA and Canada.
Objects
THE ADVANCEMENT OF EDUCATION BY GRANTING AND PAYING SCHOLARSHIPS AND GRANTS TO PERSONS TO PURSUE COURSES OF APPROVED STUDY OR RESEARCH ALL SUCH RECIPIENTS OF SUCH SCHOLARSHIPS AND GRANTS BEING AS SELECTED BY THE EXECUTIVE COMMITEE AND SUCH SCHOLARSHIPS AND GRANTS TO BE GRANTED IN ACCORDANCE WITH THE REGULATIONS CONTAINED IN THE SCHEDULE.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £2,069,902 against a policy target of sufficient reserves to meet operational needs for at least the forthcoming year. The trustees consider the going concern concept appropriate, noting sufficient assets to fulfill obligations despite a net outgoing resource of £19,627 for the year. Investment values increased beyond the £2 million mark, contributing to the overall financial strength reported.
What the accounts disclose
“It is the policy of the Trustees to ensure that the Trust holds sufficient reserves to enable it to meet the operational needs of the Charity for at least the forthcoming year.” — page 5
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
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- JILL TABUTEAUchair
- Callum Kennedy
- Darren Brooks
- Paul Bonner Hughes
- Sam Gervaise-Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £69k | £88k |
| 30/09/2024 | £68k | £84k |
| 30/09/2023 | £64k | £70k |
| 30/09/2022 | £59k | £62k |
| 30/09/2021 | £55k | £9k |
Common questions
Is THE BUNAC EDUCATIONAL SCHOLARSHIP TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £2,069,902 against a policy target of sufficient reserves to meet operational needs for at least the forthcoming year. The trustees consider the going concern concept appropriate, noting sufficient assets to fulfill obligations despite a net outgoing resource of £19,627 for the year. Investment values increased beyond the £2 million mark, contributing to the overall financial strength reported. Its FY2025 accounts were independently examined.