THE FEBRUARY FOUNDATION
The Foundation is an independent grant-making charity with broad-ranging charitable objectives.
Objects
GENERAL PURPOSES OF SUCH CHARITABLE BODIES OR FOR SUCH OTHER PURPOSES AS SHALL BE EXCLUSIVELY CHARITABLE AS THE TRUSTEES MAY FROM TIME TO TIME DECIDE
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
Policies the charity declares
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 28/02/2025
- Employees paid over £60,000: 1 (£110,001–£120,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 29/02/2024
- Employees paid over £60,000: 1 (£100,001–£110,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 28/02/2023
- Employees paid over £60,000: 1 (£90,001–£100,000: 1)
- Grant-making is its main activity
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?
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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| UBS UK Donor-Advised Foundation | FY2021 | £8.6m | |
| UBS UK Donor-Advised Foundation | FY2020 | £2.9m | Charitable activities |
| 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 PEARS FAMILY CHARITABLE FOUNDATION | 1 | £72k |
| NORTHUMBERLAND NATIONAL PARK FOUNDATION | 1 | £40k |
| JOHN ELLERMAN FOUNDATION | 1 | £30k |
| CLASSICS FOR ALL | 1 | £15k |
| THE BARROW CADBURY TRUST | 1 | £6k |
| The Ethos Foundation | 1 | £2k |
Charities like this
- THE BARBOUR FOUNDATION
- PROWTING CHARITABLE FOUNDATION
- ASSOCIATION OF CHARITABLE FOUNDATIONS
- The WFH Foundation
- The Trust Foundation
- THE BREWERS FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE FEBRUARY FOUNDATION | £34.3m | — | 0 | unclear | — | no doubt |
| THE BARBOUR FOUNDATION | £2.6m | — | 0 | unclear | — | no doubt |
| PROWTING CHARITABLE FOUNDATION | £140k | — | 0 | unclear | — | no doubt |
| ASSOCIATION OF CHARITABLE FOUNDATIONS | £1.7m | £109,812 | — | within | — | no doubt |
| The WFH Foundation | £88k | — | 0 | unclear | — | no doubt |
| The Trust Foundation | £2.5m | — | 0 | unclear | — | no doubt |