THE SAMUEL COURTAULD TRUST
Financial health, per its FY2025 accounts
The accounts state that the Trust reported a net deficit of £11,224 for the year ended 31 July 2025, driven by investment income lagging its target due to market downturns. Despite this deficit, total funds remained robust at £4,989,210, and the Trustees maintained a £75,000 grant to the Courtauld Institute of Art. The Trustees consider the level of free reserves sufficient to sustain operations and maintain current grant allocations in the long term.
What the accounts disclose
“The Trustees consider that the most appropriate level of free reserves is that which would provide the charity with sufficient investment income and accumulated capital to maintain its activities and current grant allocation in the long term.” — page 11
Trustees
- Andrew Hochhauser KCchair
- Charles Booth-Clibborn
- Charmian Caines
- Dr Edmund Arthur Lowndes de Waal
- Ina De
- Lara Barton
- Lord John Browne
- Mark Nicholas Hamilton Hoffman
- Professor Rosalind Polly Blakesley
- SEAN RAINBIRD
- Sally Osman
- Simon Pryke
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £115k | £156k |
| 31/07/2024 | £199k | £308k |
| 31/07/2023 | £374k | £207k |
| 31/07/2022 | £73k | £134k |
| 31/07/2021 | £75k | £777k |
Common questions
Is THE SAMUEL COURTAULD TRUST financially healthy?
The accounts state that the Trust reported a net deficit of £11,224 for the year ended 31 July 2025, driven by investment income lagging its target due to market downturns. Despite this deficit, total funds remained robust at £4,989,210, and the Trustees maintained a £75,000 grant to the Courtauld Institute of Art. The Trustees consider the level of free reserves sufficient to sustain operations and maintain current grant allocations in the long term. Its FY2025 accounts were audited by Knox Cropper LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NGT FOUNDATION | 1 | £6.7m |
| THE MASTER CHARITABLE TRUST | 1 | £5.3m |
| HUO FAMILY FOUNDATION (UK) LIMITED | 1 | £2.3m |
| THE ROTHSCHILD FOUNDATION | 1 | £980k |
| THE DORFMAN FOUNDATION | 1 | £208k |
| REUBEN FOUNDATION | 1 | £159k |
| S P LOHIA FOUNDATION | 1 | £90k |
| THE VASEPPI TRUST | 1 | £75k |