The SVH 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
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.
What the accounts disclose
“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.”
Policies the charity declares
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
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
Corporate structure
- Registered company of the charity Companies House 03444689
Company officers (Companies House)
- LEES, Diane, Dame on trustee list
- BOOTH, John David Sebastian on trustee list
- KINGMAN, John, Sir on trustee list
- RATIBOR, Stefan on trustee list
- PELTZ, Daniel on trustee list
- MARKS, David Benjamin on trustee list
- HAYES, Victoria Jane Capel
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- David Benjamin Markschair
- Dame Alison Nimmo
- Daniel Peltz
- Diane Lees
- John Booth
- Sir John Kingman
- Stefan Ratibor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BILLMEIR CHARITABLE TRUST | 2 | £23k |
| THE MASTER CHARITABLE TRUST | 1 | £6.0m |
| PRISM THE GIFT FUND | 1 | £1.7m |
| THE ROTHSCHILD FOUNDATION | 1 | £1.3m |
| ELPOLD CHARITIES LIMITED | 1 | £196k |
| THE JOHN R. MURRAY CHARITABLE TRUST | 1 | £179k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £171k |
| NEWPIER CHARITY LIMITED | 1 | £157k |
Charities like this
- THE NATIONAL GALLERY TRUST
- THE NEW ASHGATE GALLERY TRUST LIMITED
- NML FOUNDATION
- MEDWAY NHS FOUNDATION TRUST CHARITABLE FUND
- SANGAT TRUST
- THE SHM FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| The SVH Foundation | £3.2m | — | 0 | unclear | — | no doubt |
| THE NATIONAL GALLERY TRUST | £8.4m | — | 0 | unclear | — | no doubt |
| THE NEW ASHGATE GALLERY TRUST LIMITED | £132k | — | 0 | unclear | — | no doubt |
| NML FOUNDATION | £221k | — | 0 | above | — | no doubt |
| MEDWAY NHS FOUNDATION TRUST CHARITABLE FUND | £253k | — | 0 | above | — | no doubt |
| SANGAT TRUST | £848k | — | 0 | unclear | — | no doubt |