An Appeal From Our Chair, Tom Pakenham
“My subject is money,” began Tom Pakenham (pictured above) when he spoke at the end of our 2023 Longford Lecture. He took the audience through how we spend our money – in a carefully targeted way that brings maximum benefits for recipients – and how much we raised in 2022. He also explained our on-going efforts to grow an endowment fund, established in 2021 by him and his siblings with a legacy given in memory of their father, our founding chairman, Kevin Pakenham. The plan is that the endowment will provide a regular income to cover the Trust’s basic costs, meaning that every pound donated by you, our supporters, will go to support our scholarship programme and the current 100 award-holders who are going through university thanks to it. To listen to Tom, click on the video below.
For What We Receive
What We Hold In Reserve
In 2023, the Longford Trust raised £600,210, spent £428, 509 (75 per cent on the scholarship programme), and held, after accruals, reserves of £418,373, of which £180,000 was in the endowment fund. Our financial commitment to many of our scholars extends for the duration of their degrees, up to three years into the future.
- To do its work, the Trust currently aims to raise £600,000 annually
- Each scholarship on average costs around £6,000 in total.
- Donations of time, as mentors, are greatly valued.
- We make no charge for lecture tickets but welcome donations in lieu