THE FORTE CHARITABLE FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the Foundation holds total funds of £97.4 million, with unrestricted reserves at £nil, as all funds are held in an expendable endowment. The Trustees consider the current level of reserves appropriate to fund grants and costs without eroding the long-term real value of the investment capital. The Foundation reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“Given the nature of the Foundation in that it has minimal fixed overheads, no building maintenance costs and a small staff, the Trustees consider it unnecessary to retain any portion of the total return for addition to distributable reserves.” — page 13
“During the year, the Foundation made a grant of £5,000 to Trelya, a charity in which Trustee, Sharon Rich, is Executive Director.” — page 22
“During the year, the Foundation also made a grant of £5,000 to The Forest of Dean Children’s Opportunity Centre, a charity in which Trustee, Nick Acland, is a Trustee.”
“During the year, the Foundation made a grant of £5,000 to Trelya, a charity in which Trustee, Sharon Rich, is Executive Director.” — page 22
“During the year, the Foundation also made a grant of £5,000 to The Forest of Dean Children’s Opportunity Centre, a charity in which Trustee, Nick Acland, is a Trustee.”
“During the year, the Foundation made a grant of £5,000 to Trelya, a charity in which Trustee, Sharon Rich, is Executive Director.” — page 22
“During the year, the Foundation also made a grant of £5,000 to The Forest of Dean Children’s Opportunity Centre, a charity in which Trustee, Nick Acland, is a Trustee.”
“Currently administration services are carried out by Smith Square Trading Limited, a wholly owned subsidiary of the Centre for Social Justice (CSJ).”
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- THE HON MRS OLGA POLIZZI CBEchair
- ARABELLA CLARE SALWEY
- Carole Milner
- Harry Andrew Naylor
- Mrs Charlie Polizzi Peyton
- Nicholas Antony Bevil Acland
- Nicholas Melhuish
- PATRICK REEVE
- Rev Paul Gismondi
- SHaron Rich
- Salma Shah
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £2.2m | £3.3m |
| 30/06/2024 | £1.5m | £3.4m |
| 30/06/2023 | £1.5m | £3.3m |
| 30/06/2022 | £1.4m | £3.8m |
| 30/06/2021 | £1.5m | £2.9m |
Common questions
Is THE FORTE CHARITABLE FOUNDATION financially healthy?
The accounts state that the Foundation holds total funds of £97.4 million, with unrestricted reserves at £nil, as all funds are held in an expendable endowment. The Trustees consider the current level of reserves appropriate to fund grants and costs without eroding the long-term real value of the investment capital. The Foundation reports no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Crowe U.K. LLP.