THE BRITISH FRIENDS OF HARVARD BUSINESS SCHOOL
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
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?
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 |
|---|---|---|
| THE RISMAN FOUNDATION | FY2025 | £42k |
| THE RISMAN FOUNDATION | FY2024 | £42k |
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 | £108k |
| THE JMCMRJ SORRELL FOUNDATION | 1 | £100k |
| THE BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA | 1 | £72k |
| BRITISH ACCOUNTING AND FINANCE ASSOCIATION | 1 | £20k |
| MARC FITCH FUND | 1 | £1k |