RUTH SMART FOUNDATION
The Trustees' policy is to concentrate upon charitable organisations which directly benefit domestic animals in the United Kingdom and the United States of America. However, the Trustees do not limit support to these two countries or to domestic animals but are also interested in domestic animal, conservation and wildlife organisations throughout the world.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £6,887,066.47, which the trustees consider prudent to maintain current expenditure levels. The charity reported a net movement in funds of £389,718.16, driven by investment gains, despite total resources expended exceeding incoming resources. The trustees confirm the charity is operating as a going concern with no material uncertainties identified.
What the accounts disclose
“The trustees consider it prudent that unrestricted reserves should be retained to produce an overall return (including income and long-term capital appreciation) sufficient to maintain the current level of expenditure, including donations and all expenses.” — page 8
“Wilfrid Vernor-Miles is a Trustee of the Foundation and also a profit sharing Member of Hunters Law LLP. Provision is included in the accounts for Hunters to receive fees of £48,055.50 plus VAT (2023 - £55,457 plus VAT) for legal, secretarial and administration services.” — page 15
Trustees
- Wilfrid Edward Vernor-Mileschair
- David Peter Orr
- JOHN CROSFIELD VERNOR-MILES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £171k | £279k |
| 31/12/2023 | £159k | £273k |
| 31/12/2022 | £153k | £274k |
| 31/12/2021 | £141k | £289k |
| 31/12/2020 | £130k | £239k |
Common questions
Is RUTH SMART FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £6,887,066.47, which the trustees consider prudent to maintain current expenditure levels. The charity reported a net movement in funds of £389,718.16, driven by investment gains, despite total resources expended exceeding incoming resources. The trustees confirm the charity is operating as a going concern with no material uncertainties identified. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MILLENNIUM OAK TRUST | 1 | — |
| THE BERYL EVETTS AND ROBERT LUFF ANIMAL WELFARE TRUST LIMITED | 1 | £5k |
| THE AUBREY ORCHARD-LISLE CHARITABLE TRUST | 1 | £2k |
| THE SIR EDWARD LEWIS FOUNDATION | 1 | £2k |
Charities like this
- THE ROSE ANIMAL WELFARE TRUST CIO
- WHITLEY ANIMAL PROTECTION TRUST
- LUCY’S UK DONKEY FOUNDATION
- ANIMAL RESCUE FOUNDATION LIMITED
- THE WILDLIFE AID FOUNDATION
- ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS DURHAM AND DISTRICT BRANCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RUTH SMART FOUNDATION | £171k | — | 0 | above | — | no doubt |
| THE ROSE ANIMAL WELFARE TRUST CIO | £247k | — | 0 | unclear | — | no doubt |
| WHITLEY ANIMAL PROTECTION TRUST | £385k | — | 0 | above | — | no doubt |
| LUCY’S UK DONKEY FOUNDATION | £134k | — | 0 | unclear | — | no doubt |
| ANIMAL RESCUE FOUNDATION LIMITED | £237k | — | 0 | unclear | 92.9% | no doubt |
| THE WILDLIFE AID FOUNDATION | £2.0m | £60,000 - £69,999 | 1 | unclear | 3.1% | no doubt |