IVY MARY MACFIE DECEASED CHARITABLE FUND
To make grants to charitable institutions.The terms of the late Mrs Macfie's charitable bequest gives the Trustees discretionary power to appoint the beneficiaries of the charity.So far as possible, beneficiaries are to be selected from registered charities based or operating in Cambridgeshire, and in particular those working in the Ely postcode CB6 and CB7 areas.
Financial health, per its FY2025 accounts
The charity holds unrestricted reserves of £2,855,629, which significantly exceed its stated policy target of retaining approximately six months of income. The accounts state that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified.
What the accounts disclose
“Dividends from UK listed investments 32,747” — page 13
“The trustees have a policy to retain approximately six months income in reserve in case of emergency request for assistance and in case of an economic downturn in income receipts” — page 5
Trustees
- Joseph Henry
- MR R F CLASBY
- MR R P STARLING
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £75k | £80k |
| 05/04/2024 | £70k | £75k |
| 05/04/2023 | £70k | £124k |
| 05/04/2022 | £78k | £113k |
| 05/04/2021 | £70k | £46k |
Common questions
Is IVY MARY MACFIE DECEASED CHARITABLE FUND financially healthy?
Per its FY2025 accounts: The charity holds unrestricted reserves of £2,855,629, which significantly exceed its stated policy target of retaining approximately six months of income. The accounts state that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified. Its FY2025 accounts were independently examined.