THE BLOND MCINDOE RESEARCH FOUNDATION
Blond McIndoe Research Foundation is a medical research charity that is devoted to supporting leading edge research into wound healing and soft tissue reconstruction. The Foundation seeks to play an essential role in translating practical research into results that advance patient care. We work in partnership with The Royal College of Surgeons of England.
Financial health, per its FY2025 accounts
The accounts state that the charity maintains unrestricted reserves of £619,043, which the Trustees consider well-balanced to meet grant-making objectives. The organization relies on donations and legacies for income, reporting a net decrease in funds of £2,995 for the year due to higher charitable expenditure than incoming resources. The Trustees confirm the charity is a going concern with adequate resources for the foreseeable future.
What the accounts disclose
“The Foundation's reserves policy is to maintain general unrestricted reserves which are neither allowed to become excessive as a result of the unjustifiable accumulation of income nor so low as to be inadequate to meet the grant making objectives.” — page 5
“During the year, the Foundation paid two grant totalling £55,000 (2024 - Nil) to the Royal College of Surgeons of England (see Note 6) in support of individuals’ research applications. Neil Mortensen and Timothy Goodacre, both trustees of the Foundation, are the ex-president and ex-vice president, respectively, of the Royal College of Surgeons of England.” — page 20
Trustees
- GORDON MONTFORT BEBB QCchair
- Nicholas McIndoe Walters
- Professor Neil Mortensen
- Timothy Edward Elliott Goodacre
- Torquil Montfort Bebb
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £44k | £71k |
| 30/09/2024 | £108k | £9k |
| 30/09/2023 | £37k | £36k |
| 30/09/2022 | £39k | £32k |
| 30/09/2021 | £20k | £111k |
Common questions
Is THE BLOND MCINDOE RESEARCH FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity maintains unrestricted reserves of £619,043, which the Trustees consider well-balanced to meet grant-making objectives. The organization relies on donations and legacies for income, reporting a net decrease in funds of £2,995 for the year due to higher charitable expenditure than incoming resources. The Trustees confirm the charity is a going concern with adequate resources for the foreseeable future. Its FY2025 accounts were independently examined.