THE GRAY'S INN SCHOLARSHIPS TRUST
The advancement of education in the law for students and members of Gray's Inn by the awarding of scholarships to all with ability.
Financial health, per its FY2025 accounts
The accounts state that total reserves stood at £18.7m, with £7.8m classified as unrestricted. The trustees report that these unrestricted reserves are sufficient to cover over five years of expenditure on scholarships at existing levels. The charity generated a net income of £142k for the year, supported by investment income and donations.
What the accounts disclose
“The income received in 2025 came from a number of donations (£225k) and legacies (£226k) and investment and bank income (£337k).” — page 6
“The reserves policy is to retain sufficient funding to establish a strong investment portfolio to ensure continuity and certainty in providing future awards.” — page 8
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- David John Forsdick KC
- Rebecca Sabben-Clare KC
- Thomas Weitzman KC
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £788k | £994k |
| 31/12/2024 | £430k | £869k |
| 31/12/2023 | £739k | £1.3m |
| 31/12/2022 | £2.2m | £1.3m |
| 31/12/2021 | £498k | £1.3m |
Common questions
Is THE GRAY'S INN SCHOLARSHIPS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total reserves stood at £18.7m, with £7.8m classified as unrestricted. The trustees report that these unrestricted reserves are sufficient to cover over five years of expenditure on scholarships at existing levels. The charity generated a net income of £142k for the year, supported by investment income and donations. Its FY2025 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BACON FOUNDATION LTD | 1 | £1.0m |
| FISHMONGERS' COMPANY'S CHARITABLE TRUST | 1 | £536k |
| THE HAPPY BABY COMMUNITY | 1 | £28k |
Charities like this
- HONOURABLE SOCIETY OF GRAY'S INN TRUST FUND
- THE GRAY TRUST
- CHARITIES ADMINISTERED ICW THE HONOURABLE SOCIETY OF THE MIDDLE TEMPLE
- THE INNER TEMPLE SCHOLARSHIP FUND
- THE SUTASOMA TRUST
- THE GRESHAM'S FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE GRAY'S INN SCHOLARSHIPS TRUST | £788k | — | 0 | above | — | no doubt |
| HONOURABLE SOCIETY OF GRAY'S INN TRUST FUND | £2.6m | — | — | no_policy | — | no doubt |
| THE GRAY TRUST | £114k | — | 0 | unclear | — | no doubt |
| CHARITIES ADMINISTERED ICW THE HONOURABLE SOCIETY OF THE MIDDLE TEMPLE | £720k | — | 0 | unclear | — | no doubt |
| THE INNER TEMPLE SCHOLARSHIP FUND | £104k | — | 0 | below | — | no doubt |
| THE SUTASOMA TRUST | £134k | — | 0 | unclear | — | no doubt |