New Trust Update – archive update

We have recently updated the financial information for the 3,480 trusts and foundations in our New Trust Update archive database with the most recent data from the Charity Commission. We have also updated the classification information on which trusts have been removed from the Charity Commission register and which are financially inactive. This information allows subscribers to quickly and easily see how large the various trusts are, and therefore which ones are likely to be able to make the largest grants. It also allows for those that are no longer in existence to be excluded from search results.

Based on the data from this recent update, we can see that there are 2,438 trusts and foundations on the database that are active, 326 that are newly registered and haven’t submitted their first set of annual accounts yet, and the remaining 696 that have been removed from the register or do not appear to be financially active.

Pie-chart of overall stats for the NTU archive
Breakdown of trusts on the NTU archive by activity status

When we look at the 2,438 trusts that we have financial data for, we can see that around 1 in 3 (34%) had a total charitable expenditure in excess of £100,000 in the last financial year, an increase of 4% from 2019. The largest proportion had a total expenditure of less than £25,000 (39%), with 27% having a total expenditure of between £25,000 and £100,000. Also of note is that 192 trusts for which we have financial data have a reported charitable expenditure in excess of £1m.

Bar chart of trusts on the NTU archive, by total expenditure
Bar graph showing the breakdown of trusts and foundation in the NTU archive, by total expenditure

When we marry this financial data with the areas of activity supported by the trusts, we can see that all philanthropic areas have a significant number of trusts that have the potential to award sizeable grants. This is particularly the case in the areas of poverty & welfare, education and health, and those listed with general charitable objects.

Bar chart of trusts on the NTU archive, by activity type and expenditure
Bar graph showing expenditure by activity type of trusts and foundations on NTU archive

Another interesting area of analysis is when we look at those trusts that are reporting their first set of annual accounts. When we look at the 196 trusts that have submitted their first set of accounts in the last year, the majority (59%) record a small total expenditure of less than £25,000 and 20% report a total expenditure of between £25,000 and £100,000. However what is particularly encouraging, especially for subscribers to New Trust Update, is that around 1 in 5 of these trusts (21%) report a total expenditure in excess of £100,000, with 10 reporting an expenditure in excess of £1m.

Newly registered expenditure
Breakdown of expenditure by newly registered grantmaking trusts

Combining this latest analysis with past research show that:

Facts and figures
A summary of some facts and figures abouts the NTU archive

A subscription to Factary’s New Trust Update is an invaluable resource for non-profits seeking to raise income from trusts and foundations. As a subscriber, you get the opportunity to start building relationships with philanthropic vehicles, many of which are shown to be set up by wealthy philanthropists and grant large amounts within their first year of operation, before anyone else. You also get draw on the vast pool of large and varied grant-makers held in the searchable archive database, not widely known to other non-profits.

If you would like to find out more about New Trust Update please contact Will Whitefield or call 0117 9166740.

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