THE LEONARD AND SUZANNE PHILLIPS FOUNDATION
General Charitable PurposesMedical/Health/SicknessOverseas aid/Famine reliefSport/recreation
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £319,422 for the year ended 31 December 2024, driven largely by donations from the trustees' family interests. Unrestricted fund balances increased to £2,446,998, and the trustees confirmed adequate resources for the foreseeable future under the going concern basis. There is no fixed reserves policy as the trustees are committed to providing funding as required.
What the accounts disclose
“Total Income was £332,609 (2023 - £63,016) which included donations from the family interests of the Trustees of £332,250” — page 4
Trustees
- LEONARD PHILLIPSchair
- SUZANNE PHILLIPS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £333k | £13k |
| 31/12/2023 | £63k | £52k |
| 31/12/2022 | £13k | £14k |
| 31/12/2021 | £161k | £11k |
| 31/12/2020 | £0 | £978 |
Common questions
Is THE LEONARD AND SUZANNE PHILLIPS FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net income of £319,422 for the year ended 31 December 2024, driven largely by donations from the trustees' family interests. Unrestricted fund balances increased to £2,446,998, and the trustees confirmed adequate resources for the foreseeable future under the going concern basis. There is no fixed reserves policy as the trustees are committed to providing funding as required. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE RIVER FARM FOUNDATION | 1 | £400k |
| THE PHILLIPS AND RUBENS CHARITABLE TRUST | 1 | £300k |
| SLOANE ROBINSON FOUNDATION | 1 | £200k |
| THE DAVID AND CLAUDIA HARDING FOUNDATION | 1 | £143k |
| THE PUBLIC INTEREST FOUNDATION | 1 | £5k |
Charities like this
- THE PHILLIPS FAMILY CHARITABLE TRUST
- THE PHILLIPS AND RUBENS CHARITABLE TRUST
- THE REGINALD M PHILLIPS CHARITABLE FOUNDATION
- THE PHILIP AND CONNIE PHILLIPS FOUNDATION
- THE PHILIP J MILTON AND COMPANY PLC CHARITABLE FOUNDATION
- THE LAWS FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE LEONARD AND SUZANNE PHILLIPS FOUNDATION | £333k | — | 0 | unclear | — | no doubt |
| THE PHILLIPS FAMILY CHARITABLE TRUST | £100k | — | 0 | unclear | — | no doubt |
| THE PHILLIPS AND RUBENS CHARITABLE TRUST | £475k | — | 0 | above | 4.3% | no doubt |
| THE REGINALD M PHILLIPS CHARITABLE FOUNDATION | £436k | — | 0 | below | — | no doubt |
| THE PHILIP AND CONNIE PHILLIPS FOUNDATION | £172k | — | 0 | above | — | no doubt |
| THE PHILIP J MILTON AND COMPANY PLC CHARITABLE FOUNDATION | £123k | — | 0 | unclear | — | no doubt |