DEVON COMMUNITY FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £375,366, with £250,000 designated to cover six months of costs. The charity reported a net expenditure for the year, resulting in a decrease in total net assets, though the trustees remain confident in the organization's ability to continue in perpetuity due to secure endowment income and healthy cash flow projections.
What the accounts disclose
“Consequently, unrestricted reserves are now at £375,366 of which £250,000 are designated to cover 6 months costs.” — page 7
“The Wace Family and Hely-Hutchinson Family Funds were created from donations by Sally Wace and Caroline Harlow respectively, who are current DCF Trustees.” — page 7
“Devon Community Foundation became the Trustee of the Tiverton Education Foundation (TEF) in October 2014 and Sarah Wood Fogwell’s Charity (SWF) in March 2021.” — page 7
“The Wace Family and Hely-Hutchinson Family Funds were created from donations by Sally Wace and Caroline Harlow respectively, who are current DCF Trustees.” — page 7
“Devon Community Foundation became the Trustee of the Tiverton Education Foundation (TEF) in October 2014 and Sarah Wood Fogwell’s Charity (SWF) in March 2021.” — page 7
“The Wace Family and Hely-Hutchinson Family Funds were created from donations by Sally Wace and Caroline Harlow respectively, who are current DCF Trustees.” — page 7
“Devon Community Foundation became the Trustee of the Tiverton Education Foundation (TEF) in October 2014 and Sarah Wood Fogwell’s Charity (SWF) in March 2021.” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (13/04/2022)
- Received assets from another charity (04/12/2019)
Trustees
- Anne Gunther
- Caroline Rudolph
- Commodore John Keith Moores
- Jessica Pilkington
- Kelly Spry-Phare
- Nicholas James
- Robert David Williams
- Rowan Truscott
- Sandra Goscomb
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.2m | £2.7m |
| 31/03/2024 | £2.5m | £2.9m |
| 31/03/2023 | £2.6m | £2.9m |
| 31/03/2022 | £2.2m | £2.6m |
| 31/03/2021 | £4.2m | £3.3m |
Common questions
Is DEVON COMMUNITY FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £375,366, with £250,000 designated to cover six months of costs. The charity reported a net expenditure for the year, resulting in a decrease in total net assets, though the trustees remain confident in the organization's ability to continue in perpetuity due to secure endowment income and healthy cash flow projections. Its FY2025 accounts were audited by PKF Francis Clark.
Who funds DEVON COMMUNITY FOUNDATION?
Funders whose own accounts filings name DEVON COMMUNITY FOUNDATION as a grant recipient include SEDEL - COLLINGS FOUNDATION, THE CLARE MILNE TRUST, THE HEATHCOAT TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| SEDEL - COLLINGS FOUNDATION | FY2024 | £172k |
| THE CLARE MILNE TRUST | FY2024 | £50k |
| THE HEATHCOAT TRUST | FY2022 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AMATEURS TRUST | 1 | £96k |
| THE FRANK JACKSON FOUNDATION | 1 | £85k |
| THE PARGITER TRUST | 1 | £80k |
| ST EDMUNDS TRUST | 1 | £21k |
| CONSERVATION COLLECTIVE | 1 | £14k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £10k |
| TALBOT VILLAGE TRUST | 1 | £5k |
| PAUL AND LOUISE COOKE ENDOWMENT | 1 | £5k |