ETHEL AND GWYNNE MORGAN TRUST
Advancement of education in science and art of medicine education in history and welfare of local communities in Wales and Christian religion in Wales.
Financial health, per its FY2025 accounts
The accounts state that the charity holds substantial net assets of £3,211,725, comprising unrestricted and endowment funds, with a cash balance of £200,189. Per the trustees' report, the reduction in net assets from the prior year is attributed to market downturns at the year-end, which the trustees note have since been reversed and are an expected part of their investment strategy. The charity generated a net expenditure of £161,579 after accounting for investment losses, but maintains a strong liquidity position to support ongoing grant-making activities.
What the accounts disclose
“The charities main source of income is investment income. Investment income consists of dividends and interest received on investments held.” — page 11
“The Trustees policy on reserves is · To maintain sufficient cash at bank to enable grants to be made on an ongoing basis and to provide for grants promised in principle. · To protect the capital value of its investments and maintain a level of income that supports its grant making activities.”
“The only related party is The Avenues Youth Project. In 2024-25 a grant of £3,000 was made to this charity for which Beth Talbott works as financial controller. She abstains from any decisions in relation to this charity.” — page 6
Trustees
- ELIZABETH TALBOTTchair
- BRIAN DAVID GWYNNE MORGAN
- CATHERINE HELEN MORGAN
- Emma Frances Cookson
- Richard Gwynne Morgan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £231k | £317k |
| 05/04/2024 | £139k | £121k |
| 05/04/2023 | £100k | £57k |
| 05/04/2022 | £53k | £46k |
| 05/04/2021 | £50k | £45k |
Common questions
Is ETHEL AND GWYNNE MORGAN TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds substantial net assets of £3,211,725, comprising unrestricted and endowment funds, with a cash balance of £200,189. Per the trustees' report, the reduction in net assets from the prior year is attributed to market downturns at the year-end, which the trustees note have since been reversed and are an expected part of their investment strategy. The charity generated a net expenditure of £161,579 after accounting for investment losses, but maintains a strong liquidity position to support ongoing grant-making activities. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE DAGNY RAYMOND CHARITABLE TRUST | 1 | — |
| THE BURDETT TRUST FOR NURSING | 1 | £800k |
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £314k |
Charities like this
- THE LATE GWYNETH MON WILLIAMS CHARITABLE TRUST
- GLAMORGAN FURTHER EDUCATION TRUST FUND
- THE MORGAN CHARITABLE FOUNDATION
- THE GOWER SOCIETY
- THE CHRISTIAN SCIENCE TRUST IN GREAT BRITAIN
- JUNIUS S MORGAN BENEVOLENT FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ETHEL AND GWYNNE MORGAN TRUST | £231k | — | 0 | unclear | — | no doubt |
| THE LATE GWYNETH MON WILLIAMS CHARITABLE TRUST | £135k | — | 0 | no_policy | — | no doubt |
| GLAMORGAN FURTHER EDUCATION TRUST FUND | £128k | — | 0 | unclear | — | no doubt |
| THE MORGAN CHARITABLE FOUNDATION | £140k | — | 0 | above | — | no doubt |
| THE GOWER SOCIETY | £161k | — | 0 | unclear | — | no doubt |
| THE CHRISTIAN SCIENCE TRUST IN GREAT BRITAIN | £818k | — | 0 | above | — | no doubt |