THE DORFMAN FOUNDATION
The trustees hold the Trust Capital and income generated from it to pay or apply towards or for the benefit of such charitable purposes or charitable institutions as the trustees , at their absolute discretion determine.
Objects
1.2 THE OBJECTS OF THE TRUST ARE ALL OR ANY PURPOSES WHICH ARE CHARITABLE ACCORDING TO ENGLISH LAW AS THE TRUSTEES MAY FROM TIME TO TIME DECIDE. IT IS RECOGNISED THAT THE DEFINITION OF WHAT IS 'CHARITABLE' ACCORDING TO ENGLISH LAW CHANGES OVER TIME AND IT IS INTENDED THAT (WHILST NOTHING SHOULD BE DONE WHICH IS NOT EXCLUSIVELY CHARITABLE AT THE DATE THAT IT IS DONE) THE OBJECTS OF THE TRUST SHOULD CHANGE IN LINE WITH THE LAWS OF ENGLAND SO THAT IN THE FUTURE THINGS MAY BE DONE (WHEN THEY ARE CHARITABLE) WHICH ARE NOT CHARITABLE AT THE DATE OF THIS DEED.1.3 THE TRUSTEES SHALL PAY OR APPLY OR CAUSE TO BE PAID OR APPLIED AT SUCH TIME OR TIMES AND IN SUCH MANNER AS THE TRUSTEES SHALL IN THEIR DISCRETION THINK FIT THE INCOME AND IF AND IN SO FAR AS THE TRUSTEES SHALL THINK FIT THE CAPITAL OF THE TRUST IN PROMOTING THE OBJECTS.1.4 THE TRUSTEES MAY AT THEIR ABSOLUTE DISCRETION FOR THE PERIOD OF 21 YEARS FROM THE DATE OF THIS DEED INSTEAD OF APPLYING THE INCOME OF THE TRUST IN ANY YEAR ACCUMULATE ALL OR ANY PART OF SUCH INCOME BY INVESTING THE SAME AND THE RESULTING INCOME AND HOLD THE SAME AS PART OF THE CAPITAL OF THE TRUST WITHOUT PREJUDICE TO THEIR RIGHT TO APPLY THE WHOLE OR ANY PART OF SUCH ACCUMULATED INCOME IN ANY SUBSEQUENT YEAR AS IF THE SAME WERE INCOME OF THE TRUST ARISING IN THE THEN CURRENT YEAR.
Financial health, per its FY2025 accounts
The accounts state that total funds decreased to £2,759,396 from £3,088,878 in the prior year, driven by net expenditure of £329,482 against investment income of £42,499. The Trustees consider there are no material uncertainties about the ability to continue as a going concern, and the reserves policy indicates no minimum level of resources is required.
What the accounts disclose
“The Trustees do not consider that any minimum level of resources is required.” — page 4
“Consultancy fees of ENil (2024: ENil) were invoiced by Esselco Group Limited during the year for the provision of administration services and operational facilities. Sir Lloyd Dorfman and Charles Dorfman are both Directors of Esselco Group Limited. £67,795 of fees were outstanding at 5 April 2025 (2024: £67,795).” — page 12
“There have been no transactions with persons or entities that are closely connected to the charity or it's trustees, with the exception of the following charities, which have the following Trustees in common: ° JW3 Development - Amy Lux” — page 12
“Consultancy fees of ENil (2024: ENil) were invoiced by Esselco Group Limited during the year for the provision of administration services and operational facilities. Sir Lloyd Dorfman and Charles Dorfman are both Directors of Esselco Group Limited. £67,795 of fees were outstanding at 5 April 2025 (2024: £67,795).” — page 12
“There have been no transactions with persons or entities that are closely connected to the charity or it's trustees, with the exception of the following charities, which have the following Trustees in common: ° JW3 Development - Amy Lux” — page 12
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 05/04/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2023
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 3 were received after the due date: year ending 05/04/2025 (received 26/03/2026, 49 days after the 05/02/2026 due date); year ending 05/04/2024 (received 20/02/2025, 15 days after the 05/02/2025 due date); year ending 05/04/2023 (received 08/03/2024, 32 days after the 05/02/2024 due date).
Trustees
- AMY ISABEL LUX
- ANTHONY WAGERMAN
- CHARLES SAMUEL DORFMAN
- PETER LEACH
- SARAH ANN DORFMAN
- SOPHIE JEAN DORFMAN
- Sir Lloyd Dorfman CVO OBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £110k | £451k |
| 05/04/2024 | £77k | £1.3m |
| 05/04/2023 | £109k | £517k |
| 05/04/2022 | £143k | £1.2m |
| 05/04/2021 | £167k | £1.4m |
Common questions
Is THE DORFMAN FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that total funds decreased to £2,759,396 from £3,088,878 in the prior year, driven by net expenditure of £329,482 against investment income of £42,499. The Trustees consider there are no material uncertainties about the ability to continue as a going concern, and the reserves policy indicates no minimum level of resources is required. Its FY2025 accounts were independently examined.
Charities like this
- THE DRAYSON FOUNDATION
- THE SCHMIDT-BODNER CHARITABLE TRUST
- THE ROSENBLATT FAMILY CHARITABLE TRUST
- THE LAURENCE MODIANO CHARITABLE TRUST
- THE DISCHMA CHARITABLE TRUST
- THE THOMPSON FAMILY FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE DORFMAN FOUNDATION | £110k | — | — | unclear | — | no doubt |
| THE DRAYSON FOUNDATION | £64k | — | 0 | above | — | no doubt |
| THE SCHMIDT-BODNER CHARITABLE TRUST | £30k | — | 0 | unclear | — | no doubt |
| THE ROSENBLATT FAMILY CHARITABLE TRUST | £30k | — | 0 | unclear | — | no doubt |
| THE LAURENCE MODIANO CHARITABLE TRUST | £66k | — | 0 | unclear | — | no doubt |
| THE DISCHMA CHARITABLE TRUST | £77k | — | 0 | unclear | — | no doubt |