THE BRITISH FRIENDS OF HARVARD BUSINESS SCHOOL
Raising scholarship funds for scholarships to Harvard Business School; promote the education of persons studying at HBS.
Objects
TO ADVANCE THE EDUCATION OF BRITISH STUDENTS STUDYING AT HARVARD BUSINESS SCHOOL BY THE PROVISION OF SCHOLARSHIPS, LOANS AND OTHER ASSISTANCE
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £3,153,315, resulting in total net assets of £3,242,934. The trustees report a surplus of £232,995 for the year, driven by significant investment gains. The charity maintains a reserves policy to build a financial cushion to meet future scholarship commitments despite market volatility.
What the accounts disclose
Policies the charity declares
- 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
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/08/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/08/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/08/2023
- Grant-making is its main activity
Structured financials (annual return, FY ending 31/08/2023)
Trustees
- Christine Fairchild
- Christopher Stuart Benson
- Dean Jonathan Frankle
- Fahim Bashir
- Geoffrey Gareth Jones
- Gulshan Batool
- James Ruane
- Julie Mulcahy
- Lilit Davoyan
- Pawan Dhir
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £249k | £270k |
| 31/08/2024 | £366k | £401k |
| 31/08/2023 | £1.4m | £1.5m |
| 31/08/2022 | £120k | £133k |
| 31/08/2021 | £321k | £484k |
Common questions
Is THE BRITISH FRIENDS OF HARVARD BUSINESS SCHOOL financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £3,153,315, resulting in total net assets of £3,242,934. The trustees report a surplus of £232,995 for the year, driven by significant investment gains. The charity maintains a reserves policy to build a financial cushion to meet future scholarship commitments despite market volatility. Its FY2025 accounts were independently examined.
Who funds THE BRITISH FRIENDS OF HARVARD BUSINESS SCHOOL?
Funders whose own accounts filings name THE BRITISH FRIENDS OF HARVARD BUSINESS SCHOOL as a grant recipient include THE RISMAN FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE RISMAN FOUNDATION | FY2025 | £42k | Research and scholarships (multi-year commitment total £336k) |
| THE RISMAN FOUNDATION | FY2024 | £42k | Education |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MAURICE WOHL CHARITABLE FOUNDATION | 1 | £1.4m |
| THE NUFFIELD FOUNDATION | 1 | £518k |
| THE SINO-BRITISH FELLOWSHIP TRUST | 1 | £214k |
| THE JMCMRJ SORRELL FOUNDATION | 1 | £100k |
| THE DYNA AND FALA WEINSTOCK CHARITABLE TRUST | 1 | £90k |
| THE BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA | 1 | £72k |
| THE SASTA FOUNDATION | 1 | £60k |
| PRISM THE GIFT FUND | 1 | £49k |
Charities like this
- FRIENDS OF HARVARD UNIVERSITY
- HARVARD GLOBAL FOUNDATION LIMITED
- BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS
- THE BRITISH FRIENDS OF MIDRASH SHMUEL
- FRIENDS OF BURLINGTON SCHOOL
- THE BRITISH ACADEMY FOR THE PROMOTION OF HISTORICAL PHILOSOPHICAL AND PHILOLOGICAL STUDIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE BRITISH FRIENDS OF HARVARD BUSINESS SCHOOL | £249k | — | 0 | unclear | — | no doubt |
| FRIENDS OF HARVARD UNIVERSITY | £1.7m | — | 0 | below | — | no doubt |
| HARVARD GLOBAL FOUNDATION LIMITED | £4.0m | — | 0 | unclear | — | no doubt |
| BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS | £110k | — | 0 | unclear | — | no doubt |
| THE BRITISH FRIENDS OF MIDRASH SHMUEL | £240k | — | 0 | unclear | — | no doubt |
| FRIENDS OF BURLINGTON SCHOOL | £62k | — | 0 | unclear | — | no doubt |