This is the website for The H.B. Allen Charitable Trust.
The H.B. Allen Charitable Trust is a grant-making trust and a registered charity, Charity Registration number 802306.
There was never a plan or expectation on the part of the Settlor that this Trust would continue in perpetuity. It has now been operating since 1987, and in that time it has made income grants in excess of £25 million.
In 2015, the Trustees made a provisional plan to wind up the Trust by the end of 2020. They now expect to distribute all of their funds by the end of 2018. By that time, their income grants will have exceeded £26 million and a distribution of the Trust’s capital is expected to bring the total grants to over £66 million. This is such a substantial sum that the Trustees thought it right to make a landmark capital grant as a lasting memorial to the Settlor’s philanthropy.
An announcement was made on 22nd October 2015 that the Trust would make a capital grant of £25 million to Keble College, Oxford. The grant made it possible for the College, with funding from other supporters and some long-term borrowings (currently available at attractive rates), to redevelop the site of the former Acland private hospital, which it acquired some years ago. Because the Trust’s grant has provided the essential equity required to enable the project to proceed, the new building is to be named the H.B. Allen Centre and Miss Allen’s name in memoriam will be recorded in the Clarendon Arch in Oxford alongside those of other major benefactors of the University.
The H.B. Allen Centre will provide a major centre for the College’s graduate students and new facilities to support the College’s inter-disciplinary Advanced Studies Centre. Further information can be obtained from the College’s own website : http://www.keble.ox.ac.uk/The timetable for applications to be made before the winding up of the Trust is set out in the section headed Guidelines.