THE ERM FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure deficit of $142,607 for the year ended 31 March 2025, resulting in unrestricted funds decreasing from $350,462 to $207,855. The trustees confirm that all funds are unrestricted and that ERM covers the Foundation's overhead and management costs, mitigating the impact of potential funding fluctuations. The trustees maintain a reasonable expectation that the charity will continue in operational existence for the foreseeable future.
What the accounts disclose
“ERM Worldwide Limited supported The ERM Foundation with pro-bono time and matching funds for monies raised by ERM Staff to support Foundation projects. The cost of the independent examination was borne by ERM Europe Limited who also provided management and administrative support. As the management support received by The ERM Foundation was so small it has been deemed immaterial and has therefore not been reflected as a gift in kind.” — page 16
Corporate structure
- Registered company of the charity Companies House 05621200
Trustees
- Sabine Hoefnagelchair
- ANDREW BABATUNDE MORAKINYO
- Ausilio Bauen
- JAMES WILLIAM DANIEL STACEY
- Kushal Mashru
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £157k | £264k |
| 31/03/2024 | £108k | £142k |
| 31/03/2023 | £206k | £184k |
| 31/03/2022 | £415k | £157k |
| 31/03/2021 | £139k | £133k |
Common questions
Is THE ERM FOUNDATION financially healthy?
The accounts state that the charity reported a net expenditure deficit of $142,607 for the year ended 31 March 2025, resulting in unrestricted funds decreasing from $350,462 to $207,855. The trustees confirm that all funds are unrestricted and that ERM covers the Foundation's overhead and management costs, mitigating the impact of potential funding fluctuations. The trustees maintain a reasonable expectation that the charity will continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| AKO FOUNDATION | 1 | £1.1m |
| CLEAN AIR FUND | 1 | £929k |
| LEVINE FAMILY FOUNDATION | 1 | £30k |
| BACON FOUNDATION LTD | 1 | £20k |
| THE PWC FOUNDATION | 1 | £10k |