Question 1

What is the mission of THE COBALT TRUST?

Accepted Answer

The Trustees shall hold the Trust Fund and the income thereof upon Trust to pay or apply the income and all or such part or parts of the capital of the Trust Fund as the Trustees shall think fit for:(i) The relief of poverty (ii) The advancement of education (iii) The advancement of religion and/or (iv) Such other charitable purposes anywhere in the world as the Trustees may determine

Question 2

What is the financial size of THE COBALT TRUST?

Accepted Answer

THE COBALT TRUST is classified as a medium charity. In the latest financial year, they reported a total income of £653,625 and total expenditure of £784,317.

Question 3

How does THE COBALT TRUST allocate its spending?

Accepted Answer

For every pound spent, approximately 99.9% goes directly to charitable activities. The remaining 0.1% is spent on raising funds and administration.

Question 4

What is the workforce structure of THE COBALT TRUST?

Accepted Answer

THE COBALT TRUST employs 0 staff members and is supported by 0 volunteers.

Question 5

Does THE COBALT TRUST receive government funding?

Accepted Answer

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Question 6

Does THE COBALT TRUST pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

THE COBALT TRUST

Latest HighlightsFY 2025

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