THE FEBRUARY FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that total funds decreased by £4,776,518 to £64,055,628, driven by a large gift of shares and significant unrealised investment losses. The trustees consider the unrestricted income fund of £18,781,775 and the expendable endowment of £45,273,853 to be adequate to meet current and long-term commitments. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The trustees have agreed that it would be in the best interests of the Foundation to continue to build up an expendable endowment fund to support its future grant making activities and provide the Foundation with an asset base to allow for its long term sustainability.” — page 15
Structured financials (annual return, FY ending 28/02/2025)
Register events
- Received assets from another charity (07/02/2014)
Trustees
- JAMES HUBERT CARLETON
- Mark Raymond Clarke
- Michael James Moody
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £34.3m | £30.8m |
| 29/02/2024 | £8.5m | £4.4m |
| 28/02/2023 | £7.2m | £4.4m |
| 28/02/2022 | £12.8m | £27.4m |
| 28/02/2021 | £17.6m | £11.9m |
Common questions
Is THE FEBRUARY FOUNDATION financially healthy?
The accounts state that total funds decreased by £4,776,518 to £64,055,628, driven by a large gift of shares and significant unrealised investment losses. The trustees consider the unrestricted income fund of £18,781,775 and the expendable endowment of £45,273,853 to be adequate to meet current and long-term commitments. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Who funds THE FEBRUARY FOUNDATION?
Funders whose own accounts filings name THE FEBRUARY FOUNDATION as a grant recipient include National Philanthropic Trust UK Limited, ATTEND.
Known funders
| Funder | Year | Amount |
|---|---|---|
| National Philanthropic Trust UK Limited | FY2025 | £2.2m |
| ATTEND | FY2025 | £10k |
| ATTEND | FY2022 | £3k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |