Finance and investment

Finance and investment

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