Charity pay study 2019: the top 10 earners

Once again the Wellcome Trust fills the top position in our table

Sir Anthony Pappano
Sir Anthony Pappano

1 Wellcome Trust (position in 2017: 1)

A member of the charity’s investment team, which recorded returns of £2.2bn last year, was paid between £3.17m and £3.18m in the year to the end of September 2018. The charity declined to identify its highest earner, but said in a lengthy statement that its decision to directly employ investment experts meant it could generate better returns and incur lower costs than if it used external fund managers. Nick Moakes is the charity’s chief investment officer and Peter Pereira Gray is the chief executive of its investment division, according to the charity’s website.

2 The London Clinic (4)

A spokesman said the charity could not name the highest earner, who was paid between £1.27m and £1.28m in 2017, for data-protection reasons. The amount paid to this person included "redundancy and costs associated with the termination of employment contracts", the accounts say. Paul Holdom stepped down as chief executive of the charity in September 2017 and was succeeded by Al Russell.

3 Consumers’ Association (5)

Peter Vicary-Smith (right), the charity’s former chief executive, was awarded £825,000 in the year to the end of June 2018. His pay package was made up of £494,000, including allowances, pension, benefits in kind and a bonus of £166,000, plus a further £331,000 that will be paid in 2018/19 and 2019/20. He left the charity in September 2018.

4 The Royal Opera House (3)

The charity paid Sir Antonio Pappano (main picture), its music director, £794,591 in the year to 27 August 2017. This comprised a basic salary of £115,000 and £579,591 in conducting fees. Alexander Beard, the charity’s chief executive, was paid £286,095 over the same period.

5 The City and Guilds of London Institute (9)

An unidentified person received between £690,001 and £700,000, which included a "performance-related payout relating to an acquisition and not reflective of annual salary", a spokeswoman for the charity said. Chief executive Chris Jones received a total package of £451,585 in the year to the end of August 2017, the charity’s accounts say.

6 Nuffield Health (2)

The charity’s highest earner was paid between £510,000 and £519,999 in 2017, its accounts show, including any redundancy and termination payments. The accounts say the charity’s chief executive, Steve Gray, was the highest-paid employee and the charity confirmed that he was the highest earner including any employees who received severance payments last year.

7 St Andrew’s Healthcare (8)

The charity’s accounts for the year to the end of March 2018 say that its outgoing chief executive, Gil Baldwin, was paid £496,000 during the year. His salary was made up of £418,000 in salary and £78,000 in other benefits. He left the charity on 1 January 2018.

8 The Institution of Engineering and Technology (11)

The charity’s accounts for 2017 show that it paid Nigel Fine, its chief executive and secretary, £414,061, including benefits in kind and payments in lieu of pension contributions, during the course of the year. The charity says it is the largest professional engineering institution in Europe and its chief executive must have appropriate commercial skills. Its salaries therefore reflect commercial and charity sector benchmarks, it says.

9 The Francis Crick Institute (new entry)

The biomedical research centre paid its chief executive, Paul Nurse, between £380,000 and £389,999 in the year to the end of March 2018. Nurse is not identified in the accounts as the high earner, but a spokesman for the charity confirmed it was him. The amount quoted in the accounts included both salary and pension contribution.

10 The Children’s Investment Fund Foundation (UK) (12)

The charity paid an unidentified person between £323,380 and £333,740, converted from US$, in 2017. The foundation was founded by the hedge-fund manager Sir Christopher Hohn and his then wife Jamie Cooper, but has been the subject of long-running court action since their divorce in 2014.

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