CARNEGIE TRUST

The Carnegie Trust for the Universities of Scotland was established as an independent not-for- profit foundation in 1901, through an initial endowment of $10 million in bonds, donated by the philanthropist and industrialist Andrew Carnegie. The Trust was founded by a Trust Deed in the summer of 1901 and incorporated by Royal Charter in 1902... Today, we cover our grant-making and operating costs with the income from our investments. In 2024, we ratified a change to our Royal Charter to enable us to manage our investments on a total return basis. This offers greater flexibility to balance income against long-term capital growth. We also used the opportunity to disinvest from investments which did not align with our organisational values... The Carnegie Trust aims to secure benefits for people by supporting access to and improvement of higher education in Scotland.

Registration numbers: SC015600 (W)

Primary location: Dunfermline United Kingdom