Finance Score: 1

Governance Score: 3

Support Score: 11

Low unrestricted reserves: -2
Fundraising costs low: +3

Gender balanced board: +3

Grant maker support: +11

Overall GiG Score: 15

OPENTRUST

The object of the Trust is the advancement of education, nationally and internationally, in the social, enviromental, political and biological sciences, economics, law, the arts and media communication and other recognised scholarly subjects

Analysis by Giving is Great

Positives:

The charity has received backing from multiple prominent grant makers recently
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of gender

Financial issues to consider:

Unrestricted reserves appear to be dangerously low at the latest year end

Established: 23 years

https://theopentrust.org.uk/

opentrustfinance@gmail.com

01223316766

Charity Commission for England and Wales

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs
31/12/22		£1,214	£804	£410	£0	£834	£41	0.6
31/12/21		£905	£917	£-12	£1	£425	£24	0.3
31/12/20		£703	£744	£-41	£0	£437	£15	0.2
31/12/19		£805	£520	£285	£0	£478	£16	0.4
31/12/18	*	£837	£986	£-149	£0	£193	£12	0.1
31/12/17		£528	£363	£165	£0	£342	£4	0.1
31/12/16		£308	£212	£96	£0	£0	£0	n/a
31/12/15		£276	£254	£22	£0	£0	£0	n/a
31/12/14		£139	£148	£-9	£0	£0	£0	n/a
31/12/13		£296	£247	£48	£0	£0	£0	n/a
31/12/12		£273	£262	£10	£0	£0	£0	n/a
31/12/11		£149	£159	£-10	£0	£0	£0	n/a
31/12/10		£201	£242	£-41	£0	£0	£0	n/a
31/12/09		£299	£405	£-106	£0	£0	£0	n/a
31/12/08		£297	£398	£-101	£0	£0	£0	n/a
31/12/07		£752	£601	£151	£15	£267	£19	0.4
31/12/06		£629	£530	£99	£0	£0	£0	n/a
31/12/05		£294	£500	£-206	£0	£0	£0	n/a
31/12/04		£349	£791	£-441	£0	£0	£0	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0.1%
Highest pay band: Less than £60,000
Liabilities/Assets: 8%
Liabilities/Income: 6%
Unrestricted Funds/Total Funds: 5%
Reserves/Spending: 0.6 months
Net Current Assets/Spending: 12 months
Quick Ratio: 9.3

Asset Split ?

Listed activities

Education/Training

How it operates

Makes Grants to Organisations

Where it operates

Throughout England And Wales,

Who it helps

The General Public/Mankind

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

Joseph Rowntree Foundation	£174,316
David & Elaine Potter Foundation	£160,000
The Legal Education Foundation	£76,500
LUND TRUST	£50,000
The Baring Foundation	£40,000
The Joffe Trust	£30,000

Specific Donations

Amount	When Months	To be used for
Joseph Rowntree Foundation - Grant to Open Trust
£117,000	18/03/2023	Pushing for better information rights
David & Elaine Potter Foundation - Core funding
£40,000	23/11/2021	Core support of the charitable aspects of openDemocracy
Joseph Rowntree Foundation - Grant to Open Trust
£57,316	09/07/2021 12	Strengthening the right to information for more transparent and accountable governance
The Legal Education Foundation - Strengthening transparency mechanisms in post-Brexit Britain
£76,500	07/07/2021	Working with the media, policymakers, and civil society to assess and increase transparency, accountability, and the protection of rights by examining the effectiveness of legal mechanisms that allow ....more Working with the media, policymakers, and civil society to assess and increase transparency, accountability, and the protection of rights by examining the effectiveness of legal mechanisms that allow scrutiny over government decisions
LUND TRUST - Towards openDemocracy Russia (oDR)
£50,000	23/05/2021	Towards a non-partisan media project that covers political and social developments in the post-Soviet space.
The Joffe Trust - Open Democracy
£30,000	02/10/2020 12	Support investigative journalism in the post Soviet space linked to the UK as an offshore centre
David & Elaine Potter Foundation - Core funding
£60,000	02/09/2020 12.5	Core support of the charitable aspects of openDemocracy
The Baring Foundation - Grant to Open Trust
£40,000	23/06/2020	A legal challenge calling for transparency concerning the government's refusal to publish details of the COVID-19 NHS datastore.
David & Elaine Potter Foundation - Core funding
£60,000	03/07/2019 12	Core funding of openDemocracy
David & Elaine Potter Foundation - Core funding
£50,000	16/07/2018 12	Core support of openDemocracy
David & Elaine Potter Foundation - Core funding
£50,000	27/06/2017 12	Core support of openDemocracy
Friends Provident Foundation - OpenTrust - openDemocracy project: New thinking for the British economy
£65,000	07/06/2016	openDemocracyUK (oD-UK) will publish a prominent two year series to stimulate new thinking on transforming Britain's economy. We will drive tangible change of our economic system by building an ....more openDemocracyUK (oD-UK) will publish a prominent two year series to stimulate new thinking on transforming Britain's economy. We will drive tangible change of our economic system by building an online space for the informed debate of ideas for a more resilient, sustainable and democratic economy. We are seeking £59,700 from the Friends Provident Foundation over 2 years for this work.
David & Elaine Potter Foundation - Core funding
£60,000	15/03/2016 12	Core support of openDemocracy
David & Elaine Potter Foundation - Core funding
£30,000	29/04/2015 12	Core support of openDemocracy
David & Elaine Potter Foundation - Core funding
£20,000	30/09/2014	Core support of ourKingdom
David & Elaine Potter Foundation - Core funding
£25,000	01/07/2014	Core support of openDemocracy
David & Elaine Potter Foundation - Core funding
£100,000	25/06/2013	Core support of openDemocracy

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

Age Range of Trustees:

ANNE SHIRLEY LUCAS LAPPING CBE

ANTHONY HAROLD BARNETT Appointed: 2000, Occupation: Writer

DAME ELIZABETH ANNE LUCY FORGAN DBE Appointed: 2020

DR JOHN FRANCIS OLIVARIUS MCALLISTER Appointed: 2020, Occupation: Lawyer

SIR CHARLES CHADWYCK-HEALEY BT (Chair) Appointed: 2013, Other trusteeship: THE PENCHANT FOUNDATION,

Legal constitution

Charitable company registered in England & Wales on 30/04/2001, number: 1086404
Registered at Companies House on 14/11/2000, number: 04107837

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Conflicting interests

Filing Record

19 returns made; AR18: 13 days late,

Main office

5 MADINGLEY ROAD
CAMBRIDGE
CB3 0EE

Objectives

THE ADVANCEMENT OF EDUCATION, NATIONALLY AND INTERNATIONALLY, IN THE SOCIAL, ENVIRONMENTAL, POLITICAL AND BIOLOGICAL SCIENCES, ECONOMICS, LAW, THE ARTS AND MEDIA COMMUNICATION AND OTHER RECOGNISED SCHOLARLY SUBJECTS.

Defined Area of Benefit:

WORLDWIDE

Data Sources