Overall GiG Score: -4 based on 18 data points

Finance: -7

Governance: 3

Support: 0

Poor Liquidity: -1, Good Reserves: +1Deficit latest year: -2, Fundraising costs high: -5,

Gender balanced board: +3,

THE WOLFSON FOUNDATION

The objectives of the Wolfson Foundation are grant-giving. On 4 April 2014, the operational activities and net assets of the Wolfson Foundation (a charitable trust, registered number 206495) passed to the Wolfson Foundation, charity number 1156077 (a charitable company). The accounts for the years ending 5 April 2014 and earlier can be viewed on the charity's website at www.wolfson.org.uk.

Analysis by Giving is Great

Positives:

This charity has an endowment fund which generates all of its income
The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

One or more trustees receive payments or benefits from the charity for providing services to the charity

Financial issues to consider:

Liquidity appears to have been slender at the latest year end but very substantial unrestricted reserves are available
Income was significantly lower than spending in the latest year
Fundraising costs are extremely high relative to funds raised

Established: 10 years

www.wolfson.org.uk

grants@wolfson.org.uk

02073235730

Charity Commission for England and Wales

This Charity did not raise funds from the public in its latest financial period

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/03/22	£20,386	£40,537	£-20,151	£0	£927,537	£927,537	274.6	10
31/03/21	£18,798	£38,624	£-19,826	£0	£875,038	£875,038	271.9	9
31/03/20	£21,171	£45,962	£-24,792	£0	£688,945	£688,945	179.9	8
31/03/19	£23,650	£39,650	£-15,999	£0	£761,786	£761,786	230.6	8
31/03/18	£18,998	£33,268	£-14,271	£0	£739,217	£739,217	266.6	8
31/03/17	£19,631	£31,923	£-12,292	£0	£774,515	£774,515	291.1	9
31/03/16	£19,467	£29,354	£-9,887	£0	£674,606	£674,606	275.8	9
31/03/15	£18,310	£32,739	£-14,429	£97	£728,636	£728,636	267.1	8

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Financial Ratios

Fundraising Costs/Relevant Income: INF%
Fundraising Costs/Total Spending: 4.4%
Senior Staff Costs/Total Spending: 1%
Highest pay band: £110,000-£120,000
Liabilities/Assets: 8%
Liabilities/Income: 417%
Unrestricted Funds/Total Funds: 0%
Reserves/Spending: 274.6 months
Net Current Assets/Spending: 9 months
Quick Ratio: 0

Asset Split ?

What it does

Arts/Culture/Heritage/Science
Disability
Education/Training
Environment/Conservation/Heritage
Religious Activities
The Advancement Of Health Or Saving Of Lives

Who works here?

10 employees

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
People With Disabilities
The General Public/Mankind

How it operates

Makes Grants to Individuals
Makes Grants to Organisations

Where it operates

Northern Ireland, Scotland,

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (11)

Current Trustees appointed

Gender Split

Based on 10/11 persons

Age Range of Trustees:

ALLEGRA BERMAN Appointed: 2021, Occupation: Banker

CHARLES RALPH WOLFSON TOWNSLEY Appointed: 2018, Occupation: Investment Management

DAME HERMIONE LEE CBE FRSL Appointed: 2014

DAME JANET FRANCES WOLFSON DE BOTTON DBE (Chair) Appointed: 2014, Other trusteeships: THE WOLFSON FAMILY CHARITABLE TRUST, JANET WOLFSON DE BOTTON CHARITABLE TRUST,

LORD TURNBERG OF CHEADLE MD FRCP FMEDSCI Appointed: 2014

PROFESSOR DAME JEAN OLWEN THOMAS CBE DBE Appointed: 2014, Other trusteeship: THRIPLOW CHARITABLE TRUST,

PROFESSOR SIR DAVID NICHOLAS CANNADINE Appointed: 2010, Other trusteeship: GLADSTONE'S LIBRARY,

REBECCA SARAH MARKS Appointed: 2015, Occupation: Film Producer, Other trusteeship: THE TANGENT CHARITABLE TRUST,

SIR PETER RATCLIFFE Appointed: 2015, Occupation: Nuffield Professor Of Clinical Medicine

SIR MICHAEL PEPPER Appointed: 2014, Occupation: Professor, Other trusteeships: THE WOLFSON FAMILY CHARITABLE TRUST, WEST END GREAT SYNAGOGUE, THE NORMAN COHN CHARITABLE TRUST,

THE HON MRS LAURA HELEN WOLFSON TOWNSLEY Appointed: 2014, Other trusteeships: THE WOLFSON FAMILY CHARITABLE TRUST, JANET WOLFSON DE BOTTON CHARITABLE TRUST,

Legal constitution

Charitable company registered in England & Wales on 10/03/2014, number: 1156077
Registered at Companies House on 06/03/2014, number: 08927040
NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management

Main office

THE WOLFSON FOUNDATION
8 QUEEN ANNE STREET
LONDON
W1G 9LD

Objectives

THE CHARITY IS ESTABLISHED FOR EXCLUSIVELY CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT, WORLDWIDE, INCLUDING IN PARTICULAR (BUT NOT LIMITED TO):(A) THE ADVANCEMENT, PROMOTION AND SUPPORT OF SCIENCE AND MEDICINE, EDUCATION, THE ARTS AND HUMANITIES, HEALTH AND SUCH RELIGIONS AS ARE RECOGNISED AS CHARITABLE UNDER THE LAW OF ENGLAND AND WALES; PARTICULARLY BUT NOT EXCLUSIVELY BY:(I) THE PROMOTION OF EXCELLENCE IN ALL RELEVANT DISCIPLINES;(II) UNDERTAKING AND/OR FACILITATING RELEVANT RESEARCH AND DISSEMINATING THE USEFUL RESULTS OF THAT RESEARCH FOR THE PUBLIC BENEFIT; (III) THE PROVISION OF PHYSICAL FACILITIES FOR LEARNING, STUDY AND RESEARCH IN RELATION TO RELEVANT DISCIPLINES.(B) SUCH OTHER CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT AS THE TRUSTEE DIRECTORS MAY FROM TIME TO TIME DETERMINE.

Data Sources