REUBEN FOUNDATION

Registered charity 1094130 · accounts filings on the Charity Commission register · also known as REUBEN BROTHERS FOUNDATION

Grant making for the benefit of institutions and individuals

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£64.3m
Latest spending
£7.2m
Registered
2002
Accounts read
FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Donations from subsidiaries under deed of covenant
“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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Repayment of bonds from company with trustee interest
“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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations to Nancy Reuben Primary School
“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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations to Royal Academy Trust
“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
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Adler Shine LLP. Discloses 4 of 6 completeness components.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

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

Total income
£64.3m
Total spending
£7.2m
Cost of raising funds
£1.6m
Reserves (reported)
£82.0m
Employees
0

Reported reserves equal ~136.8 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Investments (99% 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: 2.4% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: Canada · France · Greece · Israel · Tanzania · Throughout England · United States

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
GRAFF FOUNDATIONFY2024£100k
GRAFF FOUNDATIONFY2025£40k

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
BEIS KOSOV1£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE RUBIN FOUNDATION CHARITABLE TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
REUBEN FOUNDATION£64.3m—0unclear—no doubt
THE RUBIN FOUNDATION CHARITABLE TRUST FY2025£205k—0unclear—no doubt
THE HERITAGE FOUNDATION FY2025£463k—0above—no doubt
THE TOMPKINS FOUNDATION FY2025£397k—0above—no doubt
LUBAVITCH EDUCATION TRUST FY2025£311k—0unclear—no doubt
GRAFF FOUNDATION FY2025£1.4m—0above—no doubt

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