FRIENDS OF THE UNIVERSITY OF SYDNEY
The fund was established in May 2004 to collect and disburse gifts and bequests for the benefit of the University of Sydney
Financial health, per its FY2025 accounts
The accounts state that total income increased significantly to £192,24 due to a legacy, while expenditure remained low at £6,667, resulting in unrestricted reserves of £194,070. The trustees maintain a policy of holding only minimal reserves and intend to clear these funds through further gifts to the University of Sydney.
What the accounts disclose
“The policy of the Trustees for the time being is to maintain only minimal reserves. This is because commitments will not be made beyond donations received and operating costs are expected to be minimal.” — page 4
“The University of Sydney has agreed that it will meet the costs and disbursements of an administrative service and governance fee paid by Chapel & York Limited including accounts preparation, independent examination and trustees insurance. During the year ended 31 March 2025, the university paid £5,467 (2024: £1,467) in respect of these costs and subsequently cleared £1,200 for indpendent examination as shown in note 7. These amounts, paid on the charity's behalf, have been included within income as donated services and the related costs under support costs.” — page 15
Trustees
- MELISSA HARDEEchair
- ANTON EISDELL
- JOHN CECIL DAUTH AO LVO
- NICHOLAS STREET
- PAULINE MAVYN LYLE-SMITH
- PROFESSOR ANDREW COATS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £192k | £7k |
| 31/03/2024 | £3k | £70k |
| 31/03/2023 | £97k | £48k |
| 31/03/2022 | £29k | £11k |
| 31/03/2021 | £319 | £723 |
Common questions
Is FRIENDS OF THE UNIVERSITY OF SYDNEY financially healthy?
Per its FY2025 accounts: The accounts state that total income increased significantly to £192,24 due to a legacy, while expenditure remained low at £6,667, resulting in unrestricted reserves of £194,070. The trustees maintain a policy of holding only minimal reserves and intend to clear these funds through further gifts to the University of Sydney. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BRITISH FRIENDS OF MASAT MOSHE | 1 | £448k |
| HOLMFIELD CHARITABLE TRUST | 1 | £181k |
| THE JMCMRJ SORRELL FOUNDATION | 1 | £100k |
| THE SASTA FOUNDATION | 1 | £60k |
| MOLE CHARITABLE TRUST | 1 | £22k |
| IGO FOUNDATION LIMITED | 1 | £10k |
| B E PERL CHARITABLE TRUST | 1 | £9k |
Charities like this
- UK FRIENDS OF YALE UNIVERSITY LIMITED
- THE UK FRIENDS OF THE UNIVERSITY OF AUCKLAND
- FRIENDS OF HARVARD UNIVERSITY
- FRIENDS OF UCD
- FRIENDS OF CVC TRUST FUND
- THE SYDNEY BRENNER CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FRIENDS OF THE UNIVERSITY OF SYDNEY | £192k | — | 0 | unclear | — | no doubt |
| UK FRIENDS OF YALE UNIVERSITY LIMITED | £388k | — | 0 | below | — | no doubt |
| THE UK FRIENDS OF THE UNIVERSITY OF AUCKLAND | £136k | — | 0 | below | — | no doubt |
| FRIENDS OF HARVARD UNIVERSITY | £1.1m | — | 0 | unclear | — | no doubt |
| FRIENDS OF UCD | £166k | — | 0 | unclear | — | no doubt |
| FRIENDS OF CVC TRUST FUND | £154k | — | 0 | unclear | — | no doubt |