THE HINTZE FAMILY CHARITABLE FOUNDATION
To advance education; to support museums, libraries and art galleries; to support the Christian faith and institutions; to relieve sickness and protect and preserve public health, and to further such other charitable purposes as the trustees determine.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £1,579,283, providing a pool of funds to support future pledges, with no specific target level set by the Trustees. The charity reported a net gain of £529,138 for the year, driven by investment performance, while total charitable expenditure amounted to £692,766. The Trustees confirmed that resources are sufficient to cover working capital requirements for at least 12 months, with no material uncertainties identified regarding going concern.
What the accounts disclose
“Services by Deltroit Asset Management (UK) LLP, of which Lord Hintze is the ultimate beneficial owner. Deltroit Asset Management (UK) LLP charged £36,174 (2023: £nil) for services provided to the Foundation during the year, covering the period from 1 April 2024 to 31 December 2024.” — page 21
“In 2013 A grant of £500,000 was made to the Royal Navy & Royal Marines Charity, a UK registered charity of which Lord Hintze is the Senior Vice-Patron. In 2017 an additional grant of £1,000,000 was made. The overall commitment remaining to be paid at the year-end was £400,000 (2023: £525,000).” — page 21
“Services by Deltroit Asset Management (UK) LLP, of which Lord Hintze is the ultimate beneficial owner. Deltroit Asset Management (UK) LLP charged £36,174 (2023: £nil) for services provided to the Foundation during the year, covering the period from 1 April 2024 to 31 December 2024.” — page 21
“In 2013 A grant of £500,000 was made to the Royal Navy & Royal Marines Charity, a UK registered charity of which Lord Hintze is the Senior Vice-Patron. In 2017 an additional grant of £1,000,000 was made. The overall commitment remaining to be paid at the year-end was £400,000 (2023: £525,000).” — page 21
“Services by Deltroit Asset Management (UK) LLP, of which Lord Hintze is the ultimate beneficial owner. Deltroit Asset Management (UK) LLP charged £36,174 (2023: £nil) for services provided to the Foundation during the year, covering the period from 1 April 2024 to 31 December 2024.” — page 21
“In 2013 A grant of £500,000 was made to the Royal Navy & Royal Marines Charity, a UK registered charity of which Lord Hintze is the Senior Vice-Patron. In 2017 an additional grant of £1,000,000 was made. The overall commitment remaining to be paid at the year-end was £400,000 (2023: £525,000).” — page 21
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- SIR MICHAEL PEATchair
- Duncan Anthony Hilder Baxter
- Lord MICHAEL HINTZE KCSG
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £688k | £693k |
| 31/12/2023 | £1.0m | £1.1m |
| 31/12/2022 | £1.1m | £911k |
| 31/12/2021 | £1.5m | £2.8m |
| 31/12/2020 | £2.9m | £886k |
Common questions
Is THE HINTZE FAMILY CHARITABLE FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £1,579,283, providing a pool of funds to support future pledges, with no specific target level set by the Trustees. The charity reported a net gain of £529,138 for the year, driven by investment performance, while total charitable expenditure amounted to £692,766. The Trustees confirmed that resources are sufficient to cover working capital requirements for at least 12 months, with no material uncertainties identified regarding going concern. Its FY2024 accounts were audited by Bourner Bullock.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE HINTZE FAMILY CHARITABLE FOUNDATION | £688k | — | 0 | unclear | — | no doubt |
| MRS R P TINDALL'S CHARITABLE TRUST | £119k | — | 0 | unclear | — | no doubt |
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | £267k | — | 0 | above | — | no doubt |
| THE PURI FOUNDATION | £5.3m | — | 0 | above | — | no doubt |
| HOLLYHOCK CHARITABLE FOUNDATION | £385k | — | 0 | unclear | — | no doubt |
| HOUSE OF JUDAH (PRAISE) MINISTRIES (INTERNATIONAL) | £108k | £35,300 | 0 | unclear | — | no doubt |