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.
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.”
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
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- David Benjamin Markschair
- 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 MASTER CHARITABLE TRUST | 1 | £5.3m |
| THE ROTHSCHILD FOUNDATION | 1 | £1.3m |
| PRISM THE GIFT FUND | 1 | £1.0m |
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £314k |
| THE VASEPPI TRUST | 1 | £150k |
| THE JOHN R. MURRAY CHARITABLE TRUST | 1 | £150k |
| S P LOHIA FOUNDATION | 1 | £90k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £50k |
Charities like this
- THE NATIONAL GALLERY TRUST
- THE TANAGRA FOUNDATION
- NML FOUNDATION
- GRAFF FOUNDATION
- The Grocott Family Foundation
- THE GENERATIONS 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 TANAGRA FOUNDATION | £147k | — | 0 | unclear | — | no doubt |
| NML FOUNDATION | £221k | — | 0 | above | — | no doubt |
| GRAFF FOUNDATION | £1.4m | — | 0 | above | — | no doubt |
| The Grocott Family Foundation | £926k | — | 0 | unclear | — | no doubt |