THE FEBRUARY FOUNDATION

Registered charity 1113064 · accounts filings on the Charity Commission register

The Foundation is an independent grant-making charity with broad-ranging charitable objectives.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£34.3m

Latest spending

£30.8m

Registered

2006

Accounts read

FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 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 (held: £18.8m)

“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

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott Audit LLP. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 28/02/2025)

Total income

£34.3m

Total spending

£30.8m

Cost of raising funds

£152k

Reserves (reported)

£64.1m

Employees

Reported reserves equal ~24.9 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, cost of raising funds: 0.4% of total income — below the median for charities its size (3.8%) (benchmarks).

Register events

Received assets from another charity (07/02/2014) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

JAMES HUBERT CARLETON
Mark Raymond Clarke · trustee of 1 other charity
Michael James Moody

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

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?

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. 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 UBS UK Donor-Advised Foundation, National Philanthropic Trust UK Limited, ATTEND.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funder	Year	Amount
UBS UK Donor-Advised Foundation	FY2021	£8.6m
National Philanthropic Trust UK Limited	FY2025	£2.2m
ATTEND	FY2025	£10k
ATTEND	FY2022	£3k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
THE GENERATIONAL FOUNDATION	1	£500k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with FORT FOUNDATION.

FORT FOUNDATION income £254k
THE GENERATIONAL FOUNDATION income £1.4m
FOUX FOUNDATION income £200k
THE FOUNDATION FOUNDATION income £173k
THE GEOFF & FIONA SQUIRE FOUNDATION income £173k
THE EIGHT FOUNDATION income £143k

Side by side with its peers

Charity	Income	Top pay band	Reserves vs policy	Fundraising cost	Going concern
THE FEBRUARY FOUNDATION	£34.3m	—	unclear	—	no doubt
FORT FOUNDATION FY2025	£254k	—	unclear	—	no doubt
THE GENERATIONAL FOUNDATION FY2024	£1.4m	—	unclear	—	no doubt
FOUX FOUNDATION FY2025	£200k	—	unclear	—	no doubt
THE FOUNDATION FOUNDATION FY2025	£173k	—	above	—	no doubt
THE GEOFF & FIONA SQUIRE FOUNDATION FY2025	£173k	—	above	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.