Annual Reports

The Annual Trustees’ Report, required for compliance with the Charities and Trustee Investment (Scotland) Act 2005, also includes a financial statement reviewing the Trust’s expenditure.

Annual Review 2022-23 – printed copies available on request

Annual Report 2022-23


Annual Report 2021-22


Annual Report 2020-21

Annual Report 2019-20

Annual Report 2018-19

Annual Report 2017-18
CTUS Annual report 16-17
Annual Report 2016-17
Annual Report 2015-16:
Annual Report 2015-16
Annual Report 2014-15
Annual Report 2013-14
Annual Report 2012-13

About the Carnegie Trust

Our purpose is to improve and extend opportunities for both study and research in the universities and institutions of higher education of Scotland.


Private: Peer review

Peer review is crucial to our funding decisions, helping to ensure that we support the very best research.


Historical records

The Trust holds over 100,000 index cards recording awards made to individuals from 1901 to the start of the 21st Century. These provide invaluable insights into the history of the Trust’s grantmaking activities.