Fischer Family Foundation
The objectives of the trust are the advancement of education, historical and medical research.
Financial health, per its FY2024 accounts
The accounts state that total reserves fell significantly from £1,975,043 to £455,004 due to net outgoing resources of £1,520,038, primarily driven by increased grant-making. The trustees report that the charity is in a strong position to continue its activities and that assets are adequate to fulfil obligations. The reserves policy target is three months of funding for ongoing projects, which the year-end reserves appear to be below given the reduced balance.
What the accounts disclose
“The Trustees look to maintain a reserve equal to at least three months’ worth of funding for ongoing projects it has agreed to support.” — page 4
“The Fischer Family Foundation made donations of £401,379 (2023 £nil) to Systems Biology Laboratory UK CIC.” — page 15
“The Fischer Family Foundation made donations of £948,000 (2023 £nil) to FFT Education Ltd.” — page 15
“The Fischer Family Foundation made donations of £401,379 (2023 £nil) to Systems Biology Laboratory UK CIC.” — page 15
“The Fischer Family Foundation made donations of £948,000 (2023 £nil) to FFT Education Ltd.” — page 15
“The Fischer Family Foundation made donations of £401,379 (2023 £nil) to Systems Biology Laboratory UK CIC.” — page 15
“The Fischer Family Foundation made donations of £948,000 (2023 £nil) to FFT Education Ltd.” — page 15
“The Fischer Family Foundation made donations of £401,379 (2023 £nil) to Systems Biology Laboratory UK CIC.” — page 15
“The Fischer Family Foundation made donations of £948,000 (2023 £nil) to FFT Education Ltd.” — page 15
Structured financials (annual return, FY ending 31/12/2021)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £168k | £1.7m |
| 31/12/2023 | £128k | £334k |
| 31/12/2022 | £58k | £1.9m |
| 31/12/2021 | £5.0m | £1.3m |
| 31/12/2020 | £2.5m | £2.6m |
Common questions
Is Fischer Family Foundation financially healthy?
Per its FY2024 accounts: The accounts state that total reserves fell significantly from £1,975,043 to £455,004 due to net outgoing resources of £1,520,038, primarily driven by increased grant-making. The trustees report that the charity is in a strong position to continue its activities and that assets are adequate to fulfil obligations. The reserves policy target is three months of funding for ongoing projects, which the year-end reserves appear to be below given the reduced balance. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HOUSING ASSOCIATIONS' CHARITABLE TRUST | 1 | £20k |
| UBS UK Donor-Advised Foundation | 1 | £5k |
Charities like this
- DAVID & RUTH LEWIS FAMILY CHARITABLE TRUST
- THE FYRISH FOUNDATION
- RESEARCH DATA ALLIANCE FOUNDATION
- ISSA FOUNDATION
- THE GENERATIONS FOUNDATION
- THE WOLFSON FAMILY CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Fischer Family Foundation | £168k | — | 0 | unclear | — | no doubt |
| DAVID & RUTH LEWIS FAMILY CHARITABLE TRUST | £4.6m | — | 0 | above | — | no doubt |
| THE FYRISH FOUNDATION | £1.2m | — | 0 | above | — | no doubt |
| RESEARCH DATA ALLIANCE FOUNDATION | £495k | — | — | below | — | no doubt |
| ISSA FOUNDATION | £9.9m | — | 0 | above | — | no doubt |
| THE GENERATIONS FOUNDATION | £138k | — | 0 | unclear | — | no doubt |