Finance Score: -13
Governance Score: 0
Support Score: 3
  • Poor Liquidity: -1
  • Deficit on unrestricted reserves: -2
  • Spending falling: -1
  • Multiple Deficits and declines: -5
  • Fundraising costs high: -4
    • Gov Income
    • Grant maker support: +3
    Overall GiG Score: -10 ?

    MAHARISHI FOUNDATION 

    Advancement of the education of the public by: 1) Offering courses of instruction to the public that will promote the mental and creative development of the individual, including Transcendental Meditation and related advanced techniques. 2) Establishing, conducting and maintaining an institution of further education and additional educational facilities. 3) Making grants to other charities.
    Analysis by Giving is Great

    Positives:

    • The charity has received Government grants

    Financial issues to consider:

    • Liquidity appears to have been slender at the latest year end
    • There was a deficit on unrestricted reserves of £989,686 at the last year end after deducting the value of own use assets
    • Spending has fallen significantly over the last 5 years relative to the previous period
    • Income has been volatile and on several occasions in recent years less than spending
    • Fundraising costs are extremely high relative to funds raised

    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£2,274£2,518£-244£677£3,596£-990-4.73220
    31/12/21£2,193£2,474£-281£0£3,841£-519-2.53730
    31/12/20*£2,398£2,527£-128£0£4,121£-246-1.24330
    31/12/19£4,103£3,222£882£0£4,251£900.31225
    31/12/18£3,882£3,779£103£1,622£3,051£-980-3.12940
    31/12/17*£3,919£4,346£-427£241£3,274£-492-1.460
    31/12/16*£4,503£3,120£1,383£55£3,501£-340-1.3530
    31/12/15£2,610£2,523£87£849£2,144£2311.1310
    31/12/14£2,480£2,856£-376£860£2,057£3831.6320
    31/12/13£2,199£2,156£43£871£2,306£3802.1300
    31/12/12£2,016£1,855£161£870£2,263£3862.5300
    31/12/11£1,851£2,232£-380£895£2,102£3181.7290
    31/12/10£2,136£1,859£277£839£2,483£3272.1240
    31/12/09£2,095£1,630£464£834£2,206£3002.2250
    31/12/08£1,918£2,121£-202£866£1,741£3191.8260
    31/12/07*£793£628£165£769£1,943£-104-2250
    31/12/06*£530£446£84£0£0£0n/a00
    31/12/05*£1,030£948£82£0£0£0n/a00
    31/12/04*£1,197£1,505£-308£0£0£0n/a00

    Financial Ratios
    Fundraising Costs/Relevant Income: 39.4%
    Fundraising Costs/Total Spending: 26.9%
    Highest pay band: Less than £60,000
    Liabilities/Assets: 38%
    Liabilities/Income: 95%
    Unrestricted Funds/Total Funds: -28%
    Reserves/Spending: -4.7 months
    Net Current Assets/Spending: 1 months
    Quick Ratio: 1.2
    Asset Split ?
    Established: 49 years

    uk.tm.org

    tmadmin@maharishifoundation.org.uk

    01394 421136

    Charity Commission for England and Wales
    UN SDGs
    ?
    Listed activities
    • Education/Training
    GiG Classification
    • Museums, parks, historical sites
    How it operates
    • Makes Grants to Individuals
    • Makes Grants to Organisations
    • Provides buildings/facilities/open space
    • Provides services
    Where it operates
    • Scotland, Throughout England And Wales,
    Who it helps
    • Other Charities Or Voluntary Bodies
    • The General Public/Mankind
    Who works here?
    • 32 employees
    • 20 volunteers

    Who's supporting them? ?

    We have no records of donations from grant makers.

    How is it governed?

    Legal constitution
    • Charity registered in England & Wales on 16/10/1975, number: 270157
    Gift Aid
    • Registered with HMRC for Gift Aid
    Policies in force
    • Complaints handling
    • Conflicting interests
    • Investment
    • Paying staff
    • Risk management
    • Safeguarding vulnerable beneficiaries
    • Volunteer management
    Filing Record
    19 returns made; AR20: 5 days late, AR17: 51 days late, AR16: 118 days late, AR07: 237 days late, AR06: 278 days late, AR05: 250 days late, AR04: 615 days late,
    Main office

    Maharishi Peace Palace
    Gardenia Close
    Rendlesham
    Woodbridge
    Suffolk
    IP12 2GX

    Objectives

    THE OBJECTS OF THE CHARITY ARE, FOR THE PUBLIC BENEFIT:(1) TO ADVANCE THE EDUCATION OF THE PUBLIC BY PROVIDING AND ASSISTING IN THE PROVISION OF TRAINING, MEETINGS, CLASSES AND OTHER LEARNING OPPORTUNITIES; AND (2) TO DEVELOP THE PHYSICAL, MENTAL, CREATIVE AND/OR SPIRITUAL CAPACITIES OF INDIVIDUALS AND THE PUBLIC AT LARGE THROUGH THE PROVISION OF OR ASSISTING IN THE PROVISION OF EDUCATION AND TRAINING, IN PARTICULAR IN ALL ASPECTS OF MAHARISHI VEDIC SCIENCE, INCLUDING TRANSCENDENTAL MEDITATION AND ITS ADVANCED PROGRAMMES, AS TAUGHT BY MAHARISHI MAHESH YOGI.

    Defined Area of Benefit:

    NOT DEFINED

    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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