THE LORANA SULLIVAN UK FOUNDATION

Registered charity 1078955 · accounts filings on the Charity Commission register · also known as THE LORANA SULLIVAN FOUNDATION

Education and training of students and other defined groups in order to improve the standards of investigative, business and financial journalism through the provision of scholarships and financial support to other charitable and educational organisations.

Objects

TO ADVANCE ANY CHARITABLE PURPOSE RECOGNISED IN ENGLISH LAW THAT THE COUNCIL OF MANAGEMENT OF THE COMPANY IN THEIR ABSOLUTE DISCRETION THINK FIT, INCLUDING BUT NOT LIMITED TO, THE ADVANCEMENT OF EDUCATION AT THE COLUMBIA UNIVERSITY GRADUATE SCHOOL OF JOURNALISM (IN THE USA) AND THE RELIEF OF FINANCIAL NEED OF WOMEN STUDYING INVESTIGATIVE AND BUSINESS JOURNALISM BY THE PROVISION OF FINANCIAL ASSISTANCE INCLUDING SCHOLARSHIPS.

Area of benefit: NOT DEFINED IN PRACTICE WORLDWIDE

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

Causes: General Charitable Purposes · Education/training · Get email alerts

Registered contact address: North Hertfordshire, East of England, England (from the postcode on the register)

Latest income
£49k
Latest spending
£274k
Registered
2000
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity held unrestricted reserves of £1,163,094 at the year end, which is below the stated policy target of sufficient funds to cover the next 12 months of budgeted expenditure (£135,000). The trustees report a reasonable expectation of continuing in operational existence, noting that even with no further income, the charity can sustain activity for at least two years.

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

What the accounts disclose

Reserves policy: sufficient funds in reserves to meet immediate expenses to provide flexibility and resilience to cover any short-term funding crisis or a medium-term recession (held: £1.2m)
“The Board has agreed a policy to retain sufficient funds in reserves to meet immediate expenses to provide flexibility and resilience to cover any short-term funding crisis or a medium-term recession.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Amount owed to trustee for expenses
“At the year-end £814 (2024: £814) was owed by the charity to Mr M Gillard, a trustee of the charity, for expenses incurred.” — page 21
“During the year the charity re-imbursed Mr H Friedberg, a trustee of the charity, £588 (2024: £Nil) for expenses incurred on behalf of the charity.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Reimbursement of trustee expenses
“At the year-end £814 (2024: £814) was owed by the charity to Mr M Gillard, a trustee of the charity, for expenses incurred.” — page 21
“During the year the charity re-imbursed Mr H Friedberg, a trustee of the charity, £588 (2024: £Nil) for expenses incurred on behalf of the charity.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). 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.

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.

Trustees · trustee networks

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

Operates in: United States

Income and spending

Financial year endIncomeSpending
31/03/2025£49k£274k
31/03/2024£47k£90k
31/03/2023£47k£60k
31/03/2022£42k£303k
31/03/2021£37k£187k

Common questions

Is THE LORANA SULLIVAN UK FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £1,163,094 at the year end, which is below the stated policy target of sufficient funds to cover the next 12 months of budgeted expenditure (£135,000). The trustees report a reasonable expectation of continuing in operational existence, noting that even with no further income, the charity can sustain activity for at least two years. Its FY2025 accounts were independently examined.