Charity Accounts Intelreading the accounts so you don’t have to

THE FOYLE FOUNDATION

Registered charity 1081766 · accounts filings on the Charity Commission register

WE ARE A GRANTMAKING TRUST. DURING THE YEAR UNDER REVIEW WE SUPPORTED CHARITIES ACROSS THE UK WHOSE DOMINANT PURPOSE WAS TO BENEFIT ARTS, LEARNING AND A SMALL GRANTS SCHEME. STATE SCHOOLS WERE ALSO SUPPORTED.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£405k
Latest spending
£6.9m
Registered
2000
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity is winding down its operations and has been prepared on a basis other than going concern. Per the trustees' report, unrestricted reserves decreased significantly to £612,913 as planned expenditure exceeded income during the wind-down period.

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

What the accounts disclose

Reserves policy: retain in unrestricted funds, amounts which in their judgement, can help to mitigate the short term effects of income volatility and to retain funds to generate sufficient income to meet current and future operational activities of the charity (held: £613k)
“It is the policy of the Trustees to retain in unrestricted funds, amounts which in their judgement, can help to mitigate the short term effects of income volatility and to retain funds to generate sufficient income to meet current and future operational activities of the charity.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: accounts NOT prepared on a going-concern basis (closing, merging or winding up)
“We draw attention to note 1.c in the financial statements which explains that the Trustees intend to wind down the charity and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Forvis Mazars LLP. Discloses 4 of 6 completeness components.

Property (HM Land Registry)

3 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.2m
Total spending
£20.5m
Cost of raising funds
£91k
Reserves (reported)
£7.2m
Employees
7

Reported reserves equal ~4.2 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Investments (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 7.6% of total income — above the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£405k£6.9m
31/12/2024£1.2m£20.5m
31/12/2023£1.4m£21.2m
31/12/2022£1.3m£11.7m
31/12/2021£1.5m£9.1m

Common questions

Is THE FOYLE FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity is winding down its operations and has been prepared on a basis other than going concern. Per the trustees' report, unrestricted reserves decreased significantly to £612,913 as planned expenditure exceeded income during the wind-down period. Its FY2025 accounts were audited by Forvis Mazars LLP.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with FOWEY GRAMMAR SCHOOL FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE FOYLE FOUNDATION£405k——unclear—not going concern
FOWEY GRAMMAR SCHOOL FOUNDATION FY2025£113k—0unclear—no doubt
THE FYRISH FOUNDATION FY2025£1.2m—0above—no doubt
FOUX FOUNDATION FY2025£200k—0unclear—no doubt
THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE FY2025£133k—0above—no doubt
THE LANCASHIRE FOUNDATION FY2024£956k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.