FORT FOUNDATION
The purpose of The Fort Foundation is to make grants to individuals and charitable institutions at the Trustees discretion
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £960,945 for the year ended 28 February 2025, resulting in unrestricted funds decreasing to £341,157. The charity's activities are reliant upon corporate donations from Fort Vale Engineering Limited, which provided £230,000 in the current year. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Fort Foundation's activities are reliant upon income received by way of corporate donations received from Fort Vale Engineering Limited. For the year ended 28 February 2025 corporate donations were received amounting to £ 230,000 (2024 - £Nil).” — page 4
“The Fort Foundation maintains sufficient reserves to enable it to continue to make grants for charitable purpose in future periods.” — page 4
“Included in corporate donations are unconditional donations recevied from Fort Vale Engineering Limited totalling £Nil (2024 - £Nil). Administrative services have been provided by Fort Vale Engineering Limited. The value of services provided has not been quantified. At the balance sheet date the amount due to/from Fort Vale Engineering Limited was ENil (2024 - £Nil).” — page 18
Trustees
- EDWARD MARTIN DRURY
- IAN WILSON
- JOHN STEPHEN HARTLEY
- peter andrew fort
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £254k | £1.2m |
| 29/02/2024 | £41k | £226k |
| 28/02/2023 | £37k | £425k |
| 28/02/2022 | £339k | £203k |
| 28/02/2021 | £300k | £324k |
Common questions
Is FORT FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £960,945 for the year ended 28 February 2025, resulting in unrestricted funds decreasing to £341,157. The charity's activities are reliant upon corporate donations from Fort Vale Engineering Limited, which provided £230,000 in the current year. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| UBS UK Donor-Advised Foundation | 1 | £8.6m |
| National Philanthropic Trust UK Limited | 1 | £2.2m |
| PRISM THE GIFT FUND | 1 | £1.9m |
| THE GENERATIONAL FOUNDATION | 1 | £500k |
| RACHEL CHARITABLE TRUST | 1 | £50k |
| ATTEND | 1 | £13k |
| GRAFF FOUNDATION | 1 | £10k |
| THE BEAVERBROOKS CHARITABLE TRUST | 1 | £5k |
Charities like this
- THE FORTE CHARITABLE FOUNDATION
- The Trust Foundation
- THE FEBRUARY FOUNDATION
- DISRUPT FOUNDATION
- THE JACOB FOUNDATION
- THE ORP FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FORT FOUNDATION | £254k | — | 0 | unclear | — | no doubt |
| THE FORTE CHARITABLE FOUNDATION | £2.2m | — | 0 | unclear | — | no doubt |
| The Trust Foundation | £3.0m | — | 0 | above | — | no doubt |
| THE FEBRUARY FOUNDATION | £34.3m | — | 0 | unclear | — | no doubt |
| DISRUPT FOUNDATION | £2.9m | £100,000 - £110,000 | 1 | unclear | — | no doubt |
| THE JACOB FOUNDATION | £1.1m | — | — | unclear | — | no doubt |