IPSWICH SCHOOL FOUNDATION
The advancement of education by paying or applying the whole of the annual income and the capital of the trust fund for the benefit of educational charitable purposes.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £Nil and restricted reserves of £Nil at the year-end, with a policy to transfer all reserves to Ipswich School. Per the trustees' report, the charity operates on a basis where all income received is donated to Ipswich School, resulting in no uncommitted funds held by the foundation itself.
What the accounts disclose
“Donations of £559,391 (2024: £11,652) have been received in the year of which £549,667 (2024: £500) was unrestricted. The vast majority of income in the current year relates to a significant one-off legacy donation.”
“The charity has uncommitted funds of £Nil (2024: £Nil) and restricted reserves of £Nil (2024: £Nil).” — page 4
“Two trustees of the charity are also Directors of Ipswich School Corporate Trustee Limited, which is the sole corporate trustee of Ipswich School. Payments made to Ipswich School in the year are noted in note 4. At the year-end the charity owes £119,391 (2024: £5,356) to Ipswich School.” — page 14
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Richard Wilsonchair
- EAMON JOHN MULHOLLAND
- Elizabeth Harsant
- Emily Williams
- Nicholas George Barber
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £559k | £559k |
| 31/08/2024 | £12k | £12k |
| 31/08/2023 | £15k | £15k |
| 31/08/2022 | £11k | £11k |
| 31/08/2021 | £14k | £14k |
Common questions
Is IPSWICH SCHOOL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £Nil and restricted reserves of £Nil at the year-end, with a policy to transfer all reserves to Ipswich School. Per the trustees' report, the charity operates on a basis where all income received is donated to Ipswich School, resulting in no uncommitted funds held by the foundation itself. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DOUGLAS COMPTON JAMES CHARITABLE TRUST | 1 | £224k |
| The Belstead Ganzoni Charitable Settlement | 1 | £4k |
Charities like this
- IPSWICH SCHOOL
- The Ipswich Ceramic Foundation
- IAPS CHARITABLE TRUST
- Ipswich Town Foundation
- THE STEPHEN PERSE FOUNDATION
- THE TIFFIN SCHOOL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| IPSWICH SCHOOL FOUNDATION | £559k | — | 0 | below | — | no doubt |
| IPSWICH SCHOOL | £26.1m | — | 0 | unclear | — | no doubt |
| The Ipswich Ceramic Foundation | £166k | — | 0 | within | — | no doubt |
| IAPS CHARITABLE TRUST | £197k | — | 0 | above | — | no doubt |
| Ipswich Town Foundation | £3.1m | — | — | unclear | — | no doubt |
| THE STEPHEN PERSE FOUNDATION | £33.9m | — | — | unclear | — | no doubt |