2023-03-31-accounts - The Barnard College Charitable Trust

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Report to the trustees/		The Barnard College Charitable Trust
members of
On accounts for the year		31 March 2023		Charity no 1063343
	ended				(ifany)
Setout	on pages	Trustee Annual Report and Accounts
		I report to the trustees on my examination		of	the accounts ofthe above
		charity ("the Trust" )for the year ended	31	March 2023
Responsibilities	and	As the charity's trustees, you are responsible			for the preparation ofthe
basis of report		accounts in accordance with the requirements			ofthe Charities Act 2011
		(nthe Actn).
		I report in respect of my examination ofihe Trust's accounts carried out
		under section 145ofthe 2011Act and	in carrying out my examination,			I
		have followed all the applicable Directions		given by the Charity Commission
		under section 145(5)(b)ofthe Act.

Objecti	v	e	s and	Activiti	es
					SORP reference
Summary			ofthe purposes of		Para 1.17	The objectives and aims of the charity are:
the charity			as set out	in its		~ The advance ofeducation, in particular
governing			document			the education ofstudents attending
						Barnard College Columbia University
						New York by awarding scholarships,
						exhibitions, bursaries or maintenance
						allowances tenable at the College and
						at any other educational establishment
						approved by the Trustees to people in
						need offinancial assistance, furthering
						the education ofsuch persons
Summary activities		ofthe main in relation to those			Para 1.17and 1.19	The Charity aims to achieve its objectives by making grants to Barnard College. During the
purposes		for the public				period the Charity received donations and Gift
benefit,	in particular,			the		Aid off239,000which were granted to the
activities, projects or services identified in accounts.				the		College. The bulk ofthe donations and gift aid (f207,750)are to be used to fund the Vagelos Science Centre.
						The other donations were part ofthe Annual
						Giving Day Campaign and were unrestricted.
						Public benefit
						The Trustees believe that the grants to Barnard
						College ultimately result in benefitting the
						wider public through furthering education and
						research.
Statement			confirming		Para 1.18	The Trustees confirm that they have complied
whether	the trustees			have		with the requirements ofsection 17ofThe
had regard			to the guidance			Charities Act 2011to have due regard to the
issued by		the Charity				public benefit guidance published by the
Commission			on public			Charity Commission for England &Wales when
benefit						reviewing the charity's aims and objectives and
						in planning future activities.

Additional		information	information	(optional)
You ma choose to			include	further statements	where relevant	about:
				SORP reference
				Para 1.38
Policy on	grant making
				Para 1.38
Policy on	social investment
including	program		related
investment
				Para 1.38
Contribution		made	by
volunteers
Other

Achievements and Per	formance
	SORP reference
		In the Financial Year ending 31"March 2023
		the Charity received f239,000 in donations and
		Gift Aid. A grant off239,000was made to
Summary ofthe main achievements ofthe charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Barnard College, the bulk ofwhich was to fund the Vagelos Science Center renovation which prepares young women for careers in science, technology, engineering, and math (STEM) fields. The charity continues to work to improve and develop funding for educational
		establishments, in particular for financial aid
		towards deserving students and plans to
		continue these activities in the future

Additional information	(optional)
You ma choose to include	further statements	where relevant	about
		In the Financial	Year ending 31"March 2023
		the Charity received f239,000 in donations			and
Achievements against	Para 1.41	Gift Aid. Grants	were made to Barnard College
objectives set		totalling f239,000granted to the Alumni		Fund,
		the Richie Fund	and the Vagelos Science	Centre
		Fund.
Performance offundraising activities against objectives	Para 1.41
set
Investment performance	Para 1.41
against objectives
Other

Financial Review
Review ofthe charity's			Para 1.21	In the year under review, the charity received a
financial position at the	end			total income off239,000(f207,750ofwhich
ofthe period				was restricted income) and incurred
				expenditure of	f240,216which	included	grants
				off239,000to	Barnard College.
				As at31March	2023the total funds stood at
				f1,222 which were unrestricted		funds.
Statement explaining the			Para 1.22
policy for holding reserves
statin wh the are held
Amount ofreserves held			Para 1.22
Reasons for holding zero			Para 1.22
reserves
Details offund materially		in	Para 1.24
deficit
Explanation ofany			Para 1.23
uncertainties about the
charity continuing as a going
concern
Additional information	(optional)
You ma choose to include		further statements		where relevant	about:
The charity's principal sources offunds (including			Para 1.47
any fundraising)
Investment policy and objectives including any			Para 1.46
social investment policy
adopted
A description ofthe principal			Para 1.46
risks facing the charity
Other

Structure,	Governance	Governance	and Man	agement
Description	ofcharity's
trusts:
Type of governing		document	Para 1.25	Trust deed dated 18th June 1997amended	by
(trust deed,	royal	charter)		a deed dated 01Mar 2001and 27 Oct 2020
How is the charity			Para 1.25	It is an unincorporated association.
constituted?
(e.g unincorporated
association,	CIO
Trustee selection		methods	Para 1.25	The power ofappointing new trustees ofthe
including details ofany				charity shall be vested in the president for the
constitutional	provisions e.g.			time being ofBarnard College or ifthere is no
election to post or name of				such person willing and able to make such an
any person	or body entitled			appointment in the surviving or continuing
to appoint one or more				trustees and the said president shall have
trustees				power exercisable by deed to remove any
				trustee.
				Any person who isfor the time being the Vice
				President for Development and Alumnae
				Affairs ofBarnard College shall become and
				remain a Trustee during his/her term ofoffice
				as such Vice President and shall be deemed	to
				have retired on ceasing to hold such office (but
				nothing in this sub-clause shall prevent the
				continuing Trustees from appointing a former
				Trustee including a former Vice President to	be
				a new or additional trustee). Ifthe power of
				appointing new trustees is exercisable by the
				Trustees then a new trustee hereof may be
				appointed by resolution ofa meeting ofthe
				Trustees and whenever a trustee is so
				appointed a memorandum of his appointment
				shall be prepared and signed by the person
				presiding and attested by two other persons
				present at such meeting.
				The Trustees recruit and appoint Trustees as
				and when required.

Additional information	(optional)
You ma choose to include further statements		where relevant	about:
Policies and procedures
adopted for the induction and training oftrustees	Para 1.51
The charity's organisational
structure and any wider network with which the	Para 1.51
charity works
Relationship with any related
parties	Para 1.51
Other

Chari name	Barnard Colic e Charitable	Barnard Colic e Charitable	Trust
Other name the chari uses
Re istered chari number	i063343
Charity's principal address	99 Durlston	Road, London	E58RP

	Trustee	name	Dates acted if not for whole ear	Name to a	ofperson (orbody) entitled oint trustee ifan
	Kelly Trevor
	Lisa Ann Yeh
	Sian Beilock			President	of Barnard College
4	Hiromi Stone	Nishiura	1"April 2022 to 8'"Feb 2023
5	Leila Bassi
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unds held as cust	odi
Description ofthe assets
held in this capacity
Name and objects ofthe
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details ofarrangements	for
safe custody and
segregation ofsuch assets
from the charity's own
assets

Names an	d addresses ofadv	isers (Optional information)
Type of	Name	Address
adviser
Name of	chief executive or names ofsenior staff members		(Optional	information)