THE RUMI FOUNDATION
The purposes of the Charity are: - the advancement of education in the UK and overseas;- the provision, support and promotion of the education of children and young people in schools and institutions of further and higher education;- the education of disadvantaged members of the public; - the promotion of the arts; and - the relief of poverty.
Financial health, per its FY2025 accounts
The accounts state that the Foundation holds unrestricted reserves of £62,435,450, which significantly exceeds its stated policy target of one year's charitable expenditure (£0.89m). Per the trustees' report, the Foundation has sufficient resources to meet its continuing obligations and is not dependent on securing future funding to continue as a going concern.
What the accounts disclose
“The policy specifies that the Foundation's free reserves should not, as a minimum, fall below the amount required to run its charitable activities for at least one year should there be any call for funds on the Foundation, bearing in mind the levels of stable income which the Foundation currently receives. The Foundation's charitable giving and associated overheads, amounts to approximately £0.89m per annum” — page 5
“During the year Aristeia Accounting Limited, a company controlled by Stuart Malcolmson who is also a Trustee of the Foundation, invoiced £70,000 (2024: £62,533) for the provision of accountancy services, of which £10,000 (2024: £5,000) was unpaid at the year end. During the year David Muriithi, a Trustee, received £2,798 (2024: £3,695) for his travel costs, which were wholly incurred whilst fulfilling his duties as a Trustee.” — page 31
In the news
- Spear’s Wealth Management Awards Winner Interview: Lord Verjee, the Rumi Foundation
- Sufi festival 'Insaniyat Ka Paigham' organised by Department of Art, Literature and Culture, Department of Tourism, and the Rumi Foundation in Jaipur
Corporate structure
- Registered company of the charity Companies House 05840786
Leadership, per the charity’s website
- Lord Rumi Verjee — Founder
Company officers (Companies House)
- MALCOLMSON, Stuart Matthew on trustee list
- MURIITHI, David on trustee list
- POLLARD, Brent on trustee list
- MALCOLMSON, Stuart
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2026)
Trustees
- BRENT POLLARD
- DAVID MURIITHI
- Stuart Malcolmson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £8.0m | £8.2m |
| 31/03/2025 | £9.0m | £9.8m |
| 31/03/2024 | £8.6m | £10.8m |
| 31/03/2023 | £7.5m | £8.3m |
| 31/03/2022 | £7.7m | £8.2m |
Common questions
Is THE RUMI FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the Foundation holds unrestricted reserves of £62,435,450, which significantly exceeds its stated policy target of one year's charitable expenditure (£0.89m). Per the trustees' report, the Foundation has sufficient resources to meet its continuing obligations and is not dependent on securing future funding to continue as a going concern. Its FY2025 accounts were audited by S&W Partners Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Wavestone UK Trust | 1 | £220k |
| THE CHILDHOOD TRUST | 1 | £151k |
| THE PA FOUNDATION | 1 | £57k |
| THE PERMIRA FOUNDATION | 1 | £53k |
| THE BOLTINI TRUST | 1 | £20k |
| TALLOW CHANDLERS BENEVOLENT FUND NO 2 | 1 | £20k |
| BONAMY CHARITABLE TRUST | 1 | £7k |
| WAKEFIELD AND TETLEY TRUST | 1 | £5k |
Charities like this
- THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE
- The Lakshmi N Mittal Family Foundation
- AL KHIDMAH FOUNDATION
- RENAISSANCE FOUNDATION
- THE JAMEEL EDUCATION FOUNDATION UK
- THE POINT FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE RUMI FOUNDATION | £8.0m | — | 0 | above | — | no doubt |
| THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE | £133k | — | 0 | above | — | no doubt |
| The Lakshmi N Mittal Family Foundation | £11.6m | — | 0 | unclear | — | no doubt |
| AL KHIDMAH FOUNDATION | £164k | — | 0 | unclear | — | no doubt |
| RENAISSANCE FOUNDATION | £302k | — | 0 | unclear | — | no doubt |
| THE JAMEEL EDUCATION FOUNDATION UK | £2.0m | — | 0 | unclear | — | no doubt |