UNIVERSITY OF PENNSYLVANIA (USA) FOUNDATION LIMITED
Advancement of education.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £1,496,536 for the year ended 30 June 2025, resulting in unrestricted reserves of £974,626. The trustees maintain a policy of retaining minimal general reserves, specifically under £10,000, to cover administrative expenses while donating incoming resources to educational institutions. The charity relies on the support of the University of Pennsylvania (USA) for its day-to-day obligations and future activities.
What the accounts disclose
“as a policy, funds are not retained in general reserves, save to meet general expenses of £10,000.”
Corporate structure
- Registered company of the charity Companies House 04395455
Company officers (Companies House)
- GLEACHER, Jay Stevens on trustee list
- GRIFFO, Kathryn Jane on trustee list
- HAIDAS, Alexandros on trustee list
- BURGER OBE, Paul Jeffrey not on trustee list
- PALLEY, Simon Dan on trustee list
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- ALEXANDROS HAIDAS
- Colleen Ann O'Neill
- Jay Stevens Gleacher
- Kathryn Griffo
- Paul Jeffrey Burger OBE
- SIMON DAN PALLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £7.6m | £7.3m |
| 30/06/2024 | £10.8m | £12.3m |
| 30/06/2023 | £6.3m | £5.5m |
| 30/06/2022 | £4.2m | £4.7m |
| 30/06/2021 | £4.9m | £3.6m |
Common questions
Is UNIVERSITY OF PENNSYLVANIA (USA) FOUNDATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £1,496,536 for the year ended 30 June 2025, resulting in unrestricted reserves of £974,626. The trustees maintain a policy of retaining minimal general reserves, specifically under £10,000, to cover administrative expenses while donating incoming resources to educational institutions. The charity relies on the support of the University of Pennsylvania (USA) for its day-to-day obligations and future activities. Its FY2025 accounts were audited by Nielsens.
Who funds UNIVERSITY OF PENNSYLVANIA (USA) FOUNDATION LIMITED?
Funders whose own accounts filings name UNIVERSITY OF PENNSYLVANIA (USA) FOUNDATION LIMITED as a grant recipient include NNS FOUNDATION, THE BROOMTON FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| NNS FOUNDATION | FY2025 | £4.4m | support to the scholarship of students |
| NNS FOUNDATION | FY2025 | £702k | support to the scholarship of students |
| THE BROOMTON FOUNDATION | FY2022 | £500k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| National Philanthropic Trust UK Limited | 1 | £4.4m |
| Founders Pledge Ltd | 1 | £3.4m |
| THE JOSEPH ROWNTREE CHARITABLE TRUST | 1 | £165k |
| THE APAX FOUNDATION | 1 | £157k |
| THE EVAN CORNISH FOUNDATION | 1 | £10k |
Charities like this
- PHILADELPHIA ASSOCIATION LIMITED
- STANFORD FOUNDATION (UK) LIMITED
- UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED
- Friends of Palestinian Universities
- THE UNIVERSITY OF CHICAGO FOUNDATION LIMITED
- PRINCETON CHARITABLE FOUNDATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| UNIVERSITY OF PENNSYLVANIA (USA) FOUNDATION LIMITED | £7.6m | — | 0 | unclear | — | no doubt |
| PHILADELPHIA ASSOCIATION LIMITED | £221k | — | 0 | above | 278156.0% | no doubt |
| STANFORD FOUNDATION (UK) LIMITED | £1.0m | — | 0 | above | — | no doubt |
| UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED | £118k | — | 0 | unclear | — | no doubt |
| Friends of Palestinian Universities | £291k | — | 0 | unclear | — | no doubt |
| THE UNIVERSITY OF CHICAGO FOUNDATION LIMITED | £6.1m | — | 0 | unclear | — | noted |