THE SAMUEL COURTAULD TRUST
Please see Report of the Trustees for details of objectives and activities of the Trust.
Objects
TO ADVANCE IN CONJUNCTION WITH THE INSTITUTE AND THE UNIVERSITY OR OTHERWISE PUBLIC EDUCATION OF AND INTEREST IN THE HISTORY OF ART AND ARCHAEOLOGY CRITICISM OF ART AND ARCHAEOLOGY AND CONSERVATION OF WORKS OF ART.
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
Policies the charity declares
- 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
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/07/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/07/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/07/2023
- Grant-making is its main activity
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?
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. Its FY2025 accounts were audited by Knox Cropper LLP.
Who funds THE SAMUEL COURTAULD TRUST?
Funders whose own accounts filings name THE SAMUEL COURTAULD TRUST as a grant recipient include RICK MATHER DAVID SCRASE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| RICK MATHER DAVID SCRASE FOUNDATION | FY2024 | £27k | Purchase a proof impression by Mary Cassatt |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HUO FAMILY FOUNDATION (UK) LIMITED | 1 | £2.3m |
| THE STEVENSON FAMILY'S CHARITABLE TRUST | 1 | £25k |
Charities like this
- SIR JULES THORN CHARITABLE TRUST
- THE COURTAULD INSTITUTE OF ART FUND
- THE CORNWELL CHARITABLE TRUST
- QUEDGELEY COMMUNITY TRUST
- SIR SAMUEL SCOTT OF YEWS TRUST
- SAMUEL LEEDS FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SAMUEL COURTAULD TRUST | £115k | — | 0 | above | — | no doubt |
| SIR JULES THORN CHARITABLE TRUST | £1.9m | — | 8 | below | — | no doubt |
| THE COURTAULD INSTITUTE OF ART FUND | £434k | — | 0 | within | — | no doubt |
| THE CORNWELL CHARITABLE TRUST | £38k | — | 0 | unclear | — | no doubt |
| QUEDGELEY COMMUNITY TRUST | £93k | — | 0 | unclear | — | noted |
| SIR SAMUEL SCOTT OF YEWS TRUST | £153k | — | 0 | unclear | — | no doubt |