THE RUMI FOUNDATION
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
Corporate structure
- Registered company of the charity Companies House 05840786
Leadership, per the charity’s website
- Lord Rumi Verjee — Founder
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?
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 |
|---|---|---|
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |