JRCT is an independent, endowed foundation. The Trust’s resources come from a portfolio of investments, almost entirely held, directly and indirectly, in UK and overseas equities.
The Trust aims to make grants at a level that is sustainable in real spending terms. We believe that the most effective way to align our investments with our values is to use fund managers who take a responsible investment approach. The Trust seeks to avoid material investments in armaments, gambling, tobacco and new generation nuclear power. The Trust also engages with companies to encourage good practice on a range of environmental, social and governance issues. We often undertake such engagement in partnership with grantees or other foundations.
The following documents are available to download:
Annual report and other reporting:
JRCT annual report 2017
JRCT annual report 2016
JRCT holdings
JRCT Montreal Carbon Pledge disclosure 2016-2017
Investment policies:
JRCT investment strategy
JRCT voting strategy
JRCT engagement policy
JRCT response to FRC UK Stewardship Code
Expectations of our fund managers:
Gender balance: JRCT statement of expectations of its fund managers
Corporate tax: JRCT statement of expectations of its fund managers
Technology - JRCT statement of expectations of its fund managers
Articles:
A Brave New World? Trust & Foundation News July 2018
How JRCT divested from fossil fuels, Charity Finance April 2018
The gender agenda, Charity Finance September 2016
Divest Invest Philanthropy, Trust & Foundation News December 2014