MGL Foundation Trust
Analysis
MGL Foundation Trust is a registered charity in England and Wales, based in Durham. It was registered in June 2017, 9 years ago. Its declared purposes cover general charitable purposes, which this site groups under children and youth development. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to individuals and makes grants to organisations.
In the financial year ending March 2026, MGL Foundation Trust reported income of £25k and spending of £25k, spending 103% of its income. Across the 5 years on record, from March 2022 to March 2026, income grew from £20k to £25k (+22%), an average of +5.0% a year. The sharpest change came in the year to March 2024, when income rose by 16%. Over the whole period it spent 108% of the income it received.
Among 5,641 England and Wales charities whose main cause is children and youth development and that reported income, MGL Foundation Trust sits at the 69th percentile: it is larger than about 69% of them. Against every charity in England and Wales with reported income it ranks in the 49th percentile. Charities of a similar size with the same main cause include Heswall Round Table Charitable Trust (£25k), Lancing Prep at Worthing Association (£25k) and Margaret Owen Trust (£25k).
Income and spending
Where the income comes from
- Other 100%
In the charity's own words
The Trustees will review requests for assistance from any party against the stated objectives provided in the trust deeds. The Trustees of the MGL Foundation Trust meet periodically to review the financial position of the trust and to consider any requests for assistance that have been made.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Heswall Round Table Charitable Trust | Neston | £25k |
| Lancing Prep at Worthing Association | West Sussex | £25k |
| Margaret Owen Trust | Surrey | £25k |
| Grove Road Schools' PTFA | Hinckley | £25k |