The Trustees announce the annual allocations to the Services by 30th November of the preceding year. This amount will include specific amounts for Capital Projects and any special grants that the Trustees may make. The balance of the allocation is then subdivided between the Royal Navy, Army and Royal Air Force on a proportional basis relative to the current strength of each Service. At their Meeting, which was held on 4th November 2002, the Trustees approved the following allocations:

	2005
Capital Grants	£20,000
Major/Minor Grants	£940,000
Ulysses Trust (Reserves)	£69,000
	£1,029,000

 

Since 1939, the Trust has given grants of over £38 Million which is equivalent to over £166 Million at present day values.

What are the priorities for the award of grants?

The Trustees give the highest priority to supporting those deployed in an emergency to areas of conflict or disaster. They also strongly favour applications for grants that will benefit the maximum number of serving personnel and their dependants but wish as well to provide often much needed support for smaller sports associations and groups and those living in isolated locations.

Where can a copy of the full Financial Statements and Report of the Trustees be seen?

For ease of reference a copy of the Financial Statements and Report of the Trustees for the Year ending 31st December 2004 can be downloaded from this website.

Annual Financial Statements