The SVH Foundation

Registered charity 1064635 · accounts filings on the Charity Commission register · also known as THE NGT FOUNDATION

The NGT Foundation manages its investment responsibly and efficiently so as to be able to support the charitable objects of the National Gallery. The Foundation achieves this by making grants to the National Gallery Trust.

Objects

TO SUPPORT THE CHARITABLE OBJECTS OF THE NATIONAL GALLERY, LONDON("THE NATIONAL GALLERY) AND TO ASSIST THE NATIONAL GALLERY IN CARRYING OUT ITS CHARITABLE OBJECTS BY SUCH CHARITABLE MEANS AS SHALL BE THOUGHT FIT

Area of benefit: NATIONAL

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Arts/culture/heritage/science · Grant history (this charity is a funder) · Get email alerts

Registered contact address: Westminster, London, England (from the postcode on the register)

Latest income
£3.2m
Latest spending
£4.4m
Registered
1997
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £3.1 million for the year ended 31 March 2025, driven by a £1.95 million loss on the revaluation of its investment property. Despite this loss, the charity maintained unrestricted general reserves of approximately £3.8 million, which the trustees consider adequate to meet the foundation's needs. The trustees confirmed the charity is a going concern with sufficient resources to meet obligations for the next twelve months.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: no formal target set (reserves figure: £3.8m)
“There is no formal target set for the level of general reserves to be maintained outside this designation, but in recent years they have been maintained at around £5 million.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Price Bailey LLP. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/03/2025

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/03/2024

  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/03/2023

  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£3.2m
Total spending
£4.4m
Cost of raising funds
£786k
Reserves (reported)
£3.8m
Employees
0

Reported reserves equal ~10.4 months of spending — above the median for charities its size (median 4.7 months; benchmarks).

Per its annual return, largest income source: Investments (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 24.3% of total income — in the top quarter for charities its size (median 5.3%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: City Of Westminster

Income and spending

Financial year endIncomeSpending
31/03/2025£3.2m£4.4m
31/03/2024£3.2m£2.3m
31/03/2023£2.6m£2.5m
31/03/2022£2.5m£2.1m
31/03/2021£3.0m£2.7m

Common questions

Is The SVH Foundation financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £3.1 million for the year ended 31 March 2025, driven by a £1.95 million loss on the revaluation of its investment property. Despite this loss, the charity maintained unrestricted general reserves of approximately £3.8 million, which the trustees consider adequate to meet the foundation's needs. The trustees confirmed the charity is a going concern with sufficient resources to meet obligations for the next twelve months. Its FY2025 accounts were audited by Price Bailey LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE NATIONAL GALLERY TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
The SVH Foundation£3.2m—0unclear—no doubt
THE NATIONAL GALLERY TRUST FY2025£8.4m—0unclear—no doubt
THE NEW ASHGATE GALLERY TRUST LIMITED FY2025£132k—0unclear—no doubt
NML FOUNDATION FY2025£221k—0above—no doubt
MEDWAY NHS FOUNDATION TRUST CHARITABLE FUND FY2025£253k—0above—no doubt
SANGAT TRUST FY2025£848k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.