Finance Score: -5

Governance Score: 3

Support Score: 0

Excess reserves: -4
Volatile income
spending growth: -1

Gender balanced board: +3

No supporters identified

Overall GiG Score: -2

THE FOYLE FOUNDATION

This is a grant making charity, you can view its grants here

WE ARE A GRANTMAKING TRUST. DURING THE YEAR UNDER REVIEW WE SUPPORTED CHARITIES ACROSS THE UK WHOSE DOMINANT PURPOSE WAS TO BENEFIT ARTS, LEARNING AND A SMALL GRANTS SCHEME. STATE SCHOOLS WERE ALSO SUPPORTED.

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

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £44,951,149 available, equivalent to 46 months of spending and so may not be able to utilise additional funding
Income has been volatile recently but spending has been maintained

Established: 24 years

www.foylefoundation.org.uk

info@foylefoundation.org.uk

02074309119

Charity Commission for England and Wales

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
31/12/22		£1,337	£11,711	£-10,375	£0	£44,951	£44,951	46.1	7
31/12/21	*	£1,546	£9,112	£-7,567	£0	£59,037	£59,037	77.7	7
31/12/20		£1,776	£10,431	£-8,655	£0	£64,228	£64,228	73.9	7
31/12/19	*	£2,169	£9,988	£-7,819	£0	£72,737	£8,436	10.1	7
31/12/18		£1,644	£10,139	£-8,496	£0	£74,020	£74,020	87.6	7
31/12/17		£2,257	£9,920	£-7,663	£77	£82,475	£4,203	5.1	7
31/12/16		£2,777	£9,525	£-6,747	£0	£83,174	£83,174	104.8	6
31/12/15		£2,686	£8,612	£-5,925	£38	£79,939	£79,939	111.4	5
31/12/14		£2,573	£7,290	£-4,717	£63	£82,026	£82,026	135	5
31/12/13		£3,015	£6,779	£-3,763	£56	£76,501	£76,501	135.4	5
31/12/12	*	£3,421	£6,562	£-3,142	£59	£72,167	£72,167	132	4
31/12/11		£5,170	£5,718	£-548	£70	£71,331	£71,331	149.7	4
31/12/10?		£0	£0	£0	£77	£74,139	£74,139	INF	4
30/06/09		£3,621	£5,639	£-2,018	£89	£73,034	£73,034	155.4	4
30/06/08		£3,763	£6,238	£-2,475	£57	£68,462	£68,462	131.7	5
30/06/07		£3,247	£6,501	£-3,254	£48	£81,368	£81,368	150.2	3
30/06/06	*	£7,032	£6,101	£930	£0	£0	£0	n/a	0
30/06/05	*	£3,130	£5,939	£-2,810	£0	£0	£0	n/a	0
30/06/04		£2,876	£5,582	£-2,706	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £140,000-£150,000
Liabilities/Assets: 8%
Liabilities/Income: 279%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 46.1 months
Net Current Assets/Spending: 4 months
Quick Ratio: 1.9

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science
Education/Training
General Charitable Purposes

How it operates

Makes Grants to Organisations

Where it operates

Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

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

Who works here?

7 employees

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: 65-84

JAMES ROBERT DOMINIC KORNER Appointed: 2012, Occupation: Investment Manager

KATHRYN JANE ELLISON Appointed: 2022, Occupation: Retired

MICHAEL GORDON SMITH (Chair) Appointed: 2000, Occupation: Solicitor

ROY DOUGLAS AMLOT QC Appointed: 2011

SIR PETER ROYSON DUFFELL, Occupation: Project Manager

VIKKI HEYWOOD Appointed: 2017, Occupation: Chair Of Charities

Legal constitution

Charitable company registered in England & Wales on 28/07/2000, number: 1081766
Registered at Companies House on 26/05/2000, number: 04006216

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Investment
Risk management

Filing Record

19 returns made; AR21: 1 days late, AR19: 4 days late, AR12: 21 days late, AR06: 25 days late, AR05: 189 days late,

Main office

RUGBY CHAMBERS
2 RUGBY STREET
LONDON
WC1N 3QU

Objectives

THE PROMOTION OF SUCH PURPOSE OR PURPOSES AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF ENGLAND AND WALES AS THE CHARITY MAY FROM TIME TO TIME DECIDE.

Defined Area of Benefit:

NOT DEFINED

Data Sources