REUBEN FOUNDATION
Grant making for the benefit of institutions and individuals
Financial health, per its FY2024 accounts
The accounts state that the charity holds free unrestricted reserves of £81.97m, which the Trustees believe place the charity in a strong financial position to meet ongoing commitments. The group reported a net income of £58.53m for the year, driven by significant investment returns, while total charitable expenditure was £7.19m. The Trustees confirmed adequate resources to continue as a going concern for at least twelve months from the approval date.
What the accounts disclose
“During the year, the charity received donations from subsidiaries under deed of covenant amounting to £60,004,296 (2023: £230,962). At the year end, subsidiary companies owed the charity £4,360,137 (2023: £1,827,023). Amounts were interest free and repayable on demand.” — page 40
“During the year, the charity repaid its holding of bonds issued by Wellington Pub Company Limited, a company in which the Trustees S D Reuben and R D Reuben have a material interest (2023: £13,898,080 of bonds held). Interest of £919,201 (2023: £1,051,183) was recognised on these bands in the year.” — page 40
“During the year, the charity received donations from subsidiaries under deed of covenant amounting to £60,004,296 (2023: £230,962). At the year end, subsidiary companies owed the charity £4,360,137 (2023: £1,827,023). Amounts were interest free and repayable on demand.” — page 40
“During the year, the charity repaid its holding of bonds issued by Wellington Pub Company Limited, a company in which the Trustees S D Reuben and R D Reuben have a material interest (2023: £13,898,080 of bonds held). Interest of £919,201 (2023: £1,051,183) was recognised on these bands in the year.” — page 40
“During the year, the charity received donations from subsidiaries under deed of covenant amounting to £60,004,296 (2023: £230,962). At the year end, subsidiary companies owed the charity £4,360,137 (2023: £1,827,023). Amounts were interest free and repayable on demand.” — page 40
“During the year, the charity repaid its holding of bonds issued by Wellington Pub Company Limited, a company in which the Trustees S D Reuben and R D Reuben have a material interest (2023: £13,898,080 of bonds held). Interest of £919,201 (2023: £1,051,183) was recognised on these bands in the year.” — page 40
“During the year, the charity received donations from subsidiaries under deed of covenant amounting to £60,004,296 (2023: £230,962). At the year end, subsidiary companies owed the charity £4,360,137 (2023: £1,827,023). Amounts were interest free and repayable on demand.” — page 40
“During the year, the charity repaid its holding of bonds issued by Wellington Pub Company Limited, a company in which the Trustees S D Reuben and R D Reuben have a material interest (2023: £13,898,080 of bonds held). Interest of £919,201 (2023: £1,051,183) was recognised on these bands in the year.” — page 40
In the news
- Cezanne, Picasso and Magritte join the Courtauld Gallery's collection in a major new partnership with the Reuben Foundation
- Reuben Foundation Donates Record £30 Million to the Courtauld
- Lisa Reuben, Trustee of the Reuben Foundation, with Mark Hallett, Märit Rausing Director of The Courtauld. Photo_ David Levene.jpg
- Reuben Foundation will match every Newcastle United home match-day donation to the foodbank
- Reuben Foundation increases donations to new Reuben College
- New Oxford college gets £80m donation from The Reuben Foundation
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- RICHARD ANTHONY STONEchair
- DANA LISA REUBEN
- JAMES ADAM REUBEN
- Joyce Reuben
- Reuben David Reuben
- SIMON DAVID REUBEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £64.3m | £7.2m |
| 31/12/2023 | £5.0m | £11.1m |
| 31/12/2022 | £4.6m | £5.3m |
| 31/12/2021 | £4.2m | £9.2m |
| 31/12/2020 | £6.8m | £91.7m |
Common questions
Is REUBEN FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds free unrestricted reserves of £81.97m, which the Trustees believe place the charity in a strong financial position to meet ongoing commitments. The group reported a net income of £58.53m for the year, driven by significant investment returns, while total charitable expenditure was £7.19m. The Trustees confirmed adequate resources to continue as a going concern for at least twelve months from the approval date. Its FY2024 accounts were audited by Adler Shine LLP.
Who funds REUBEN FOUNDATION?
Funders whose own accounts filings name REUBEN FOUNDATION as a grant recipient include GRAFF FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| GRAFF FOUNDATION | FY2024 | £100k | |
| GRAFF FOUNDATION | FY2025 | £40k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS KOSOV | 1 | £2k |
Charities like this
- THE RUBIN FOUNDATION CHARITABLE TRUST
- THE HERITAGE FOUNDATION
- THE TOMPKINS FOUNDATION
- LUBAVITCH EDUCATION TRUST
- GRAFF FOUNDATION
- THE GRANT FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| REUBEN FOUNDATION | £64.3m | — | 0 | unclear | — | no doubt |
| THE RUBIN FOUNDATION CHARITABLE TRUST | £205k | — | 0 | unclear | — | no doubt |
| THE HERITAGE FOUNDATION | £463k | — | 0 | above | — | no doubt |
| THE TOMPKINS FOUNDATION | £397k | — | 0 | above | — | no doubt |
| LUBAVITCH EDUCATION TRUST | £311k | — | 0 | unclear | — | no doubt |
| GRAFF FOUNDATION | £1.4m | — | 0 | above | — | no doubt |