The Grace Trust

Analysis

The Grace Trust is a registered charity in England and Wales, based in Hertfordshire. It was registered in December 1968, 58 years ago. Its declared purposes cover general charitable purposes, education/training, the advancement of health or saving of lives and disability, which this site groups under health and saving lives. Legally it is a charitable trust. It says it makes grants to organisations.

In the financial year ending December 2025, The Grace Trust reported income of £68.2m and spending of £68.5m, spending 100% of its income. Across the 5 years on record, from December 2021 to December 2025, income fell from £129.8m to £68.2m (-47%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 44%. Over the whole period it spent 88% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, The Grace Trust sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 100th percentile. Charities of a similar size with the same main cause include The Avenues Trust Group (£67.2m), UK Biobank Limited (£68.9m) and Livability (£66.4m).

In its latest detailed accounts, income came from donations and legacies 88% and investments 12%. Gifts in wills alone brought in £392k. Charitable activities took 100% of spending and raising funds 0.3%. Grants to other organisations totalled £67.8m. Reserves of £75.8m would cover about 13 months of spending at that rate.