Finance Score: -3

Governance Score: 5

Support Score: 6

Poor Liquidity: -1
Good Reserves: +1Reasonable growth: +1
Fundraising costs high: -4

Good trustee age range: +3
Dynamic board: +3
Mainly male board: -1

Grant maker support: +6

Overall GiG Score: 8

BLENHEIM PALACE HERITAGE FOUNDATION

Blenheim Palace Heritage Foundation operates a visitor business which simultaneously raises funds for vital restoration and preservation whilst sharing the Palace and Park's extensive history and beauty to the public.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
There has been reasonable growth in spending over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board is predominantly male

Financial issues to consider:

Liquidity appears to have been slender at the latest year end but unrestricted reserves are available
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
31/03/23	£22,440	£21,553	£887	£5,785	£21,819	£21,819	12.1	404
31/03/22	£27,210	£17,572	£9,638	£4,672	£20,933	£20,933	14.3	337
31/03/21	£17,580	£14,210	£3,370	£2,677	£11,294	£11,294	9.5	320
31/03/20	£16,939	£18,175	£-1,236	£5,759	£7,924	£7,924	5.2	416
31/03/19	£17,764	£15,063	£2,701	£4,160	£9,160	£8,457	6.7	399
31/03/18	£15,498	£13,515	£1,983	£3,974	£6,459	£5,992	5.3	349
31/03/17	£8,536	£4,136	£4,399	£1,680	£4,477	£4,473	13	322

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Financial Ratios

Fundraising Costs/Relevant Income: 43.9%
Fundraising Costs/Total Spending: 26.8%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 35%
Liabilities/Income: 53%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 12.1 months
Net Current Assets/Spending: 8 months
Quick Ratio: 0

Asset Split ?

Established: 8 years

https://www.blenheimpalace.com

01993810530

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Environment/Conservation/Heritage

GiG Classification

Museums, parks, historical sites

How it operates

Makes Grants to Organisations
Provides buildings/facilities/open space

Where it operates

Oxfordshire,

Who it helps

The General Public/Mankind

Who works here?

404 employees

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

DCMS	£3,290,061
Garfield Weston Foundation	£350,000
Department for Business, Energy and Industrial Strategy	£8,461

Specific Donations

Amount	When Months	To be used for
Department for Business, Energy and Industrial Strategy - Oxford Brookes University and Blenheim Palace Heritage Foundation
£8,461	01/04/2022	Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projects?ref=511919
Garfield Weston Foundation - Major Grants award
£350,000	11/03/2022	WHS Preservation
DCMS - CRF21 Blenheim Palace Heritage Foundation
£825,700	19/03/2021	Culture Recovery Fund for Heritage 2020-21
DCMS - Blenheim Palace
£18,750	25/01/2021	Roof, lead flashing and gutter repairs.. The wider aim of the scheme is: This scheme is part of the Culture Recovery Fund, the Governments £1.57 billion support package to protect the countrys ....more Roof, lead flashing and gutter repairs.. The wider aim of the scheme is: This scheme is part of the Culture Recovery Fund, the Governments £1.57 billion support package to protect the countrys cultural, arts and heritage organisations. Historic England is offering grant funding as part of the Heritage Stimulus Fund, capital funding which forms part of the support package. This encompasses a number of grant funds to help the heritage sector recover from the effects of the Covid-19 pandemic. This funding will support owners of listed buildings to carry out maintenance and small-scale urgent repair work ando revitalise decaying historic buildingso improve the condition of the nations heritageo protect jobs in the heritage construction sectoro underpin specialist heritage professionals and crafts people
DCMS - Blenheim Palace
£6,250	25/01/2021	Roof, lead flashing and gutter repairs.. The wider aim of the scheme is: This scheme is part of the Culture Recovery Fund, the Governments £1.57 billion support package to protect the countrys ....more Roof, lead flashing and gutter repairs.. The wider aim of the scheme is: This scheme is part of the Culture Recovery Fund, the Governments £1.57 billion support package to protect the countrys cultural, arts and heritage organisations. Historic England is offering grant funding as part of the Heritage Stimulus Fund, capital funding which forms part of the support package. This encompasses a number of grant funds to help the heritage sector recover from the effects of the Covid-19 pandemic. This funding will support owners of listed buildings to carry out maintenance and small-scale urgent repair work ando revitalise decaying historic buildingso improve the condition of the nations heritageo protect jobs in the heritage construction sectoro underpin specialist heritage professionals and crafts people
DCMS - CRF20 Blenheim Palace
£1,896,000	14/10/2020	Culture Recovery Fund for Heritage 2020-21
DCMS - ALB-Historic England-Blenheim Palace World Heritage Site
£543,361	01/04/2020	This is an 80% grant from the Programme of Major Works to Blenheim Palace to help conserve an preserve the Grand Bridge within the World Heritage Site

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

Age Range of Trustees: 48-71

LORD EDWARD SPENCER-CHURCHILL Appointed: 2015

RICHARD ELLWOOD Appointed: 2022, Occupation: Head Of Marketing

SARAH ELIZABETH STANIFORTH Appointed: 2022, Occupation: Retired

CHRISTOPHER JONATHAN JAMES GROVES Appointed: 2015, Occupation: Solicitor, Other trusteeship: AVRA FOUNDATION,

DOMINIC MICHAEL HARE Appointed: 2017, Occupation: Chief Executive, Other trusteeship: EXPERIENCE OXFORDSHIRE CHARITABLE TRUST,

Legal constitution

Charitable company registered in England & Wales on 22/03/2016, number: 1166164
Registered at Companies House on 09/02/2015, number: 09430048

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

7 returns made; all on time

Main office

Estate Office
Blenheim Palace Grounds
WOODSTOCK
OX20 1PP

Objectives

3.1 THE OBJECTS OF THE CHARITY ARE :(A) RESTORING AND PRESERVING BLENHEIM FOR THE PUBLIC BENEFIT;(B) PROMOTING FOR THE PUBLIC BENEFIT THE STUDY AND APPRECIATION OF BLENHEIM AS APLACE OF HISTORIC AND ARCHITECTURAL INTEREST AND NATURAL BEAUTY; AND(C) DEVELOPING AND IMPROVING THE KNOWLEDGE, UNDERSTANDING AND PRACTICE OF THE ARTS, PRINCIPALLY THROUGH THE EXHIBITION AND PERFORMANCE OF ARTISTIC WORKS.3.2 THIS ARTICLE 3 MAY BE AMENDED BY SPECIAL RESOLUTION BUT ONLY WITH THE PRIOR WRITTEN CONSENT OF THE COMMISSION.

Data Sources