THE KARUNA TRUST
Karuna works alongside the most excluded people in South Asia, overcoming discrimination with locally-led education, gender equality and sustainable livelihood projects.
Objects
(1) THE RELIEF OF POVERTY (2) THE ADVANCEMENT OF EDUCATION (3) THE ADVANCEMENT OF THE BUDDHIST RELIGION (4) THE ADVANCEMENT OF OTHER CHARITABLE PURPOSES ANYWHERE IN THE WORLD.
Financial health, per its FY2026 accounts
The accounts state that the charity recorded a surplus of £39,021 for the year ended 31 March 2026, resulting in total unrestricted reserves of £944,085. This figure is significantly above the trustees' stated policy target of maintaining an operating reserve equivalent to four months' costs, which was approximately £700,000 at year-end. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“In the year to 31 March 2026, total income from Regular Giving was £1,417,211 (2025: £1,455,851).” — page 19
“This means that our direct fundraising costs this year were 24% of income (2025: 26.6%), a tremendous achievement by our fundraising team in what continues to be a challenging and unpredictable fundraising environment.”
“The charity’s reserves policy aims to maintain an operating reserve equivalent to 4 months’ costs, which, on 31 March 2026, equated to approximately £700,000.” — page 20
“During the year, management fees of £2,000 (2025: £2,000) were charged by The Karuna Trust to Aid for India.” — page 50
“In addition, Aid for India made grants totalling £5,000 (2025: £Nil) to The Karuna Trust during the year.” — page 50
“During the year, management fees of £2,000 (2025: £2,000) were charged by The Karuna Trust to Aid for India.” — page 50
“In addition, Aid for India made grants totalling £5,000 (2025: £Nil) to The Karuna Trust during the year.” — page 50
“During the year, management fees of £2,000 (2025: £2,000) were charged by The Karuna Trust to Aid for India.” — page 50
“In addition, Aid for India made grants totalling £5,000 (2025: £Nil) to The Karuna Trust during the year.” — page 50
“During the year, management fees of £2,000 (2025: £2,000) were charged by The Karuna Trust to Aid for India.” — page 50
“In addition, Aid for India made grants totalling £5,000 (2025: £Nil) to The Karuna Trust during the year.” — page 50
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- 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
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2026
- Volunteers: 12
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 10
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 10
- Grant-making is its main activity
Leadership, per the charity’s website
- Louise Thomas — Chief Executive Officer
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2026)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £2.2m | £2.1m |
| 31/03/2025 | £2.1m | £2.2m |
| 31/03/2024 | £2.2m | £2.2m |
| 31/03/2023 | £2.2m | £2.2m |
| 31/03/2022 | £2.3m | £2.2m |
Common questions
Is THE KARUNA TRUST financially healthy?
Per its FY2026 accounts: The accounts state that the charity recorded a surplus of £39,021 for the year ended 31 March 2026, resulting in total unrestricted reserves of £944,085. This figure is significantly above the trustees' stated policy target of maintaining an operating reserve equivalent to four months' costs, which was approximately £700,000 at year-end. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2026 accounts were audited by Bishop Fleming Audit Limited.
Who funds THE KARUNA TRUST?
Funders whose own accounts filings name THE KARUNA TRUST as a grant recipient include HALCROW FOUNDATION, THE HARI PRASAD SHASTRI CHARITABLE TRUST, ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT, NETWORK FOR SOCIAL CHANGE CHARITABLE TRUST, THE SHEARS FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| HALCROW FOUNDATION | FY2024 | £101k | Strengthen maternity services, Nepal |
| HALCROW FOUNDATION | FY2021 | Unverified read£47k | 160 Women's Livelihood project in Madhya Pradesh |
| THE HARI PRASAD SHASTRI CHARITABLE TRUST | FY2024 | £36k | support the Aryaloka Project which provide secondary education to underprivileged women on the Indian Bangladesh border |
| THE HARI PRASAD SHASTRI CHARITABLE TRUST | FY2022 | £36k | to support the Aryaloka Project to provide education in computer skills to help the poor women (mostly) of India escape the poverty trap. It provides free IT tr |
| THE HARI PRASAD SHASTRI CHARITABLE TRUST | FY2026 | £36k | Aryaloka Project |
| HALCROW FOUNDATION | FY2025 | £33k | Refurbish birthing centre, training and provide an outreach service |
| THE HARI PRASAD SHASTRI CHARITABLE TRUST | FY2025 | £32k | Aryaloka Project / Preventing trafficking and early marriage Through education |
| THE HARI PRASAD SHASTRI CHARITABLE TRUST | FY2023 | £30k | Aryaloka Project to provide secondary education to women |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | FY2022 | £20k | |
| NETWORK FOR SOCIAL CHANGE CHARITABLE TRUST | FY2022 | £20k | Peace Pool |
| HALCROW FOUNDATION | FY2022 | £18k | Disaster risk planning, India |
| THE SHEARS FOUNDATION | FY2025 | £15k | Grant |
| THE SHEARS FOUNDATION | FY2024 | £15k | |
| PAN ASIAN WOMEN'S ASSOCIATION | FY2025 | £12k | India |
| THE HAROLD HYAM WINGATE FOUNDATION | FY2023 | £10k | |
| THE HAROLD HYAM WINGATE FOUNDATION | FY2025 | £10k | |
| THE HAROLD HYAM WINGATE FOUNDATION | FY2024 | £10k | |
| THE HAROLD HYAM WINGATE FOUNDATION | FY2022 | £10k | |
| THE HARI PRASAD SHASTRI CHARITABLE TRUST | FY2026 | £6k | Educate and Empower Nomadic and Denotified Tribal Girls |
| PAN ASIAN WOMEN'S ASSOCIATION | FY2025 | £6k | India |
| THE PETER STEBBINGS MEMORIAL CHARITY | FY2022 | £5k | |
| THE LANCASHIRE FOUNDATION | FY2021 | £4k | |
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | FY2022 | £3k | |
| THE TULA TRUST LIMITED | FY2023 | £2k | |
| THE TULA TRUST LIMITED | FY2024 | £2k | |
| ARIMATHEA CHARITABLE TRUST | FY2025 | £300 | |
| ARIMATHEA CHARITABLE TRUST | FY2022 | £200 | |
| THE WINDHORSE TRUST | FY2021 | £165 | Buddhist projects - United Kingdom |
| THE SCHOOL OF MEDITATION | FY2025 | amount not stated |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 23/11/2005 | £571k | Inclusive Education for Indigenous Minorities in the Indian Himalayas |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| VISCOUNT AMORY'S CHARITABLE TRUST | 1 | £250k |
| THE GOSLING FOUNDATION LIMITED | 1 | £125k |
| ANAND & SETHI FAMILY CHARITY TRUST | 1 | £68k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. BARTHOLOMEW, OTFORD. | 1 | £17k |
| THE ASHWORTH CHARITABLE TRUST | 1 | £2k |
| LIONS CLUB OF FLEET (CIO) | 1 | £200 |
Charities like this
- KARUNA ACTION
- PURSUE
- KARIM FOUNDATION TRUST
- THE RONA TRUST
- TRIRATNA SARANA
- JUNNURAIN EDUCATION & CULTURAL TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE KARUNA TRUST | £2.2m | — | 0 | above | 24.0% | no doubt |
| KARUNA ACTION | £359k | Under £60,000 | 0 | unclear | — | no doubt |
| PURSUE | £47k | — | 0 | above | — | no doubt |
| KARIM FOUNDATION TRUST | £41k | — | 0 | unclear | — | no doubt |
| THE RONA TRUST | £641k | — | 0 | above | 0.0% | no doubt |
| TRIRATNA SARANA | £1.6m | — | 0 | above | — | no doubt |