THE DANSON FOUNDATION
The income of the trust is applied to making grants to organisations, institutions and individuals. The aim is to contribute to peoples' quality of life by focusing on Education, Mental Health and Environmental initiatives.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £505,083 for the year, resulting in total unrestricted funds of £2,651,055. This deficit arose because grant-making expenditure exceeded investment income due to economic uncertainties. The trustees maintain that the current reserve levels are sufficient to continue activities in the event of a significant drop in funding.
What the accounts disclose
“The Foundation received £140,721 income from its investments during the year.” — page 3
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level capable of generating income equivalent to between three and six month’s normal grant making expenditure on the internship programme.” — page 3
“I have identified the following matter of concern. As reported in note 13 to the financial statements, the charity's trustees had previously advanced £2,900,000 to a Trustee in contravention to the Charity's governing document.”
“During the previous year, the charity advanced funds of £2,900,000 to Mike Danson, a trustee of the charity as part of it's investment strategy.” — page 14
“At the year end an amount of £43,385 (2023: £3,271) was owed to the trustees.” — page 14
“During the previous year, the charity advanced funds of £2,900,000 to Mike Danson, a trustee of the charity as part of it's investment strategy.” — page 14
“At the year end an amount of £43,385 (2023: £3,271) was owed to the trustees.” — page 14
“As reported in note 13 to the financial statements, the charity's trustees had previously advanced £2,900,000 to a Trustee in contravention to the Charity's governing document.” — page 6
Funders the charity credits
- Danson Family
Trustees
- MICHAEL THOMAS DANSONchair
- ELLA ROSE ELIZABETH DANSON
- HELEN MARGARET DANSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £141k | £646k |
| 31/12/2023 | £84k | £1.4m |
| 31/12/2022 | £56k | £1.1m |
| 31/12/2021 | £64k | £650k |
| 31/12/2020 | £139k | £1.0m |
Common questions
Is THE DANSON FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £505,083 for the year, resulting in total unrestricted funds of £2,651,055. This deficit arose because grant-making expenditure exceeded investment income due to economic uncertainties. The trustees maintain that the current reserve levels are sufficient to continue activities in the event of a significant drop in funding. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GRAND CHARITY | 1 | £29.6m |
| NORTHUMBERLAND MASONIC CHARITY ASSOCIATION | 1 | £825k |
| Leicestershire and Rutland Freemasons' Charity (LRFC) | 1 | £187k |
| THE WARWICKSHIRE MASONIC CHARITABLE ASSOCIATION LIMITED | 1 | £41k |
| UNSEEN (UK) | 1 | £30k |
| THE HAPPY BABY COMMUNITY | 1 | £20k |
| ATTEND | 1 | £10k |
Charities like this
- THE DAGNY RAYMOND CHARITABLE TRUST
- DHS Educational Foundation
- DOLLOND CHARITABLE TRUST
- DANDIA CHARITABLE TRUST
- DAVID FORBES-NIXON FAMILY CHARITABLE FOUNDATION
- THE DANBRO FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE DANSON FOUNDATION | £141k | — | 0 | above | — | no doubt |
| THE DAGNY RAYMOND CHARITABLE TRUST | £108k | — | 0 | unclear | — | no doubt |
| DHS Educational Foundation | £1.6m | — | 0 | unclear | — | no doubt |
| DOLLOND CHARITABLE TRUST | £1.6m | — | 0 | unclear | — | no doubt |
| DANDIA CHARITABLE TRUST | £260k | — | 0 | unclear | — | no doubt |
| DAVID FORBES-NIXON FAMILY CHARITABLE FOUNDATION | £319k | £70,000 - £79,999 | — | above | — | no doubt |