About the Trust
The Ponton House Trust in its current form was established in 1993. An endowment fund was created at this time from the sale of Ponton House, a former boys' home.
The Trustees are drawn from various backgrounds, but are a combination of people who are professionally familiar with the needs of young people, and know the voluntary and community sector, together with legal and financial advisors who give guidance on the management of funds.
Visit our Trustees page for further information about each of our Trustees.
The Trust's Resources
The proceeds from the sale of the Ponton House property were used to create an investment fund in 1993. The income from the fund has been distributed in grant aid since that date.
Originally assets from the sale of property, legacies and investment funds were valued at £200,000, However the fund has now grown to holdings valued at around £2.4 million (as at January 2017).
The Trust's investments are managed to produce an above average level of income in the current year, together with growth of income over the longer term. In this way, the trustees hope to be able to at least maintain the real value of the grants. The current level of income generated by the Trust's investments and available for disbursement to grant applicants is approximately £45,000.
Most of the Trust's investments are managed by Baillie Gifford & Co, an Edinburgh based investment management firm. Some investments are held on behalf of the Trust by Speirs & Jeffrey. In both cases, the individual holdings are collective investment vehicles, either open ended pooled funds or listed investment trusts.
Looking at the Trust's investments as a whole, approximately 20% of the portfolio is in corporate bonds and 80% in equity based funds. This weighting towards equity based funds is, in the Trustees' opinion, likely to prove the most effective way of achieving a growing income stream over the longer term although it does mean that the capital value of the investments fluctuates with the performance of the stockmarket.
The Trustees regularly review investment performance and consider financial strategy. Specific investment restrictions are not imposed on the portfolio but ethical investment issues are actively considered by the Trustees.