Finance Score: -5
Governance Score: 4
Support Score: 0
  • Low unrestricted reserves: -2
  • Volatile income: -3
  • Narrow trustee age band: -2
  • Dynamic board: +3
  • Gender balanced board: +3
  • No supporters identified
Overall GiG Score: -1 ?

THE GALEN AND HILARY WESTON FOUNDATION 

The Selfridges Group Foundation was set up by Selfridges Group Chairman, W. Galen Weston, to coordinate charitable and philanthropic activities within Selfridges Group. As part of its philanthropic work, the Selfridges Group Foundation provides funds through the Weston Brain Institute to support medical research into treatments for brain disorders in Ireland, the Netherlands and the UK.
Analysis by Giving is Great

Positives:

  • There have been no income shortfalls in recent years
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • The Board has little diversity in terms of age

Financial issues to consider:

  • Unrestricted reserves appear to be dangerously low at the latest year end
  • Income has been volatile recently

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 Volun-
teers
31/12/22*£1,028£905£123£0£1,515£0n/a00
31/12/21£1,125£628£496£0£1,391£1,39126.600
31/12/20£2,023£1,965£58£0£896£7654.700
31/12/19£1,311£1,172£139£0£838£8388.600
31/12/18£928£866£62£0£698£6989.700
31/12/17£1,021£581£440£0£636£63613.200
31/12/16£589£393£196£0£196£196600

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 2%
Unrestricted Funds/Total Funds: 0%
Reserves/Spending: 0 months
Net Current Assets/Spending: 20 months
Quick Ratio: 81.1
Asset Split ?
Established: 8 years

02073182318

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • General Charitable Purposes
  • The Advancement Of Health Or Saving Of Lives
GiG Classification
  • Grant-making foundations
How it operates
  • Makes Grants to Organisations
Where it operates
  • Canada, Ireland, Netherlands, Throughout England And Wales,
Who it helps
  • The General Public/Mankind

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (6)
Current Trustees appointed
Gender Split

Age Range of Trustees: 51-69
Legal constitution
  • Charitable company registered in England & Wales on 20/05/2016, number: 1167260
  • Registered at Companies House on 02/12/2015, number: 09899315
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Conflicting interests
  • Risk management
Filing Record
7 returns made; AR22: 1 days late,
Main office

Squire Patton Boggs (UK) LLP (Ref: Csu)
Rutland House
148 Edmund Street
Birmingham
B3 2JR

Objectives

THE CHARITY'S OBJECTS ARE RESTRICTED SPECIFICALLY TO THE ADVANCEMENT OF SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE TRUSTEES SEE FIT FROM TIME TO TIME IN PARTICULAR BUT NOT LIMITED TO: 4.1 PROMOTING RESEARCH INTO BRAIN DISEASES FOR THE PUBLIC BENEFIT AND TO PUBLISH THE USEFUL RESULTS; AND4.2 RELIEVING THOSE SUFFERING FROM BRAIN DISEASES ANYWHERE IN THE WORLD FOR THE PUBLIC BENEFIT,PROVIDED THAT THE CHARITY'S OBJECTS SHALL NOT INCLUDE THE PROMOTION OF ANY RELIGION.

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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