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Fischer Family Foundation

Registered charity 1075453 · accounts filings on the Charity Commission register · also known as FISCHER FAMILY TRUST

Latest income
£168k
Latest spending
£1.7m
Registered
1999
Accounts read
FY2024

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

Reserves policy: three months’ worth of funding for ongoing projects (held: £455k)
“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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: M D Fischer and K W Brooks are directors of Systems Biology Laboratory UK CIC. The charity made donations of £401,379 to this entity.
“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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: M D Fischer is a director of FFT Education Ltd. The charity made donations of £948,000 to this entity.
“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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Ken Brooks has an interest in A H Brooks Ltd who provided legal and administrative support for £3,600.
“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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: G J McMillan has an interest in McMillan Accountancy Services Ltd who provided administrative and financial support for £3,600.
“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
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/12/2021)

Total income
£5.0m
Total spending
£1.3m
Reserves (reported)
£4.0m
Employees
2

Reported reserves equal ~37.5 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: City Of York · Colombia · Oxfordshire

Income and spending

Financial year endIncomeSpending
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?

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

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

FunderSimilar charities fundedAmount to them
JEREMY COLLER FOUNDATION1£230k
THE HOUSING ASSOCIATIONS' CHARITABLE TRUST1£20k

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