THE BRITISH FRIENDS OF HARVARD BUSINESS SCHOOL
Raising scholarship funds for scholarships to Harvard Business School; promote the education of persons studying at HBS.
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?
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 BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA | 1 | £72k |
| BRITISH ACCOUNTING AND FINANCE ASSOCIATION | 1 | £32k |
| THE CORCORAN FOUNDATION | 1 | £1k |
| MARC FITCH FUND | 1 | £1k |
Charities like this
- FRIENDS OF HARVARD UNIVERSITY
- HULT INTERNATIONAL BUSINESS SCHOOL LTD
- HARVARD GLOBAL UK
- HARVARD GLOBAL FOUNDATION LIMITED
- THE BRITISH ACADEMY FOR THE PROMOTION OF HISTORICAL PHILOSOPHICAL AND PHILOLOGICAL STUDIES
- FRIENDS OF HEC CHARITABLE TRUST
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 | £1.1m | — | 0 | unclear | — | no doubt |
| HULT INTERNATIONAL BUSINESS SCHOOL LTD | £19.7m | £145,000 - £149,999 | — | unclear | — | no doubt |
| HARVARD GLOBAL UK | £177k | — | — | above | — | no doubt |
| HARVARD GLOBAL FOUNDATION LIMITED | £4.0m | — | 0 | unclear | — | no doubt |
| THE BRITISH ACADEMY FOR THE PROMOTION OF HISTORICAL PHILOSOPHICAL AND PHILOLOGICAL STUDIES | £106.2m | — | — | unclear | — | no doubt |