THE ASHMORE FOUNDATION
The Ashmore Foundation supports causes within the Emerging Markets, particularly though not exclusively to the countries and communities in which the Ashmore Group invests. Our grant making policy is wide ranging but maintains a special focus on initiatives in education, livelihoods and social enterprise which benefit those most vulnerable and which support long-term self development.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at $13.8 million as of 30 June 2025, an increase from the previous year's $11.9 million. The Trustees confirm that the Foundation has sufficient financial resources to meet its liabilities as they fall due for at least 12 months from the date of the report. The financial statements were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“The Foundation employed one sole Director in the period to 30 June 2025. The Director received total remuneration for the year of $87 thousand (2024: $78 thousand) in the form of salaries and pension.”
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Patrick Cadellchair
- Christos Theodorou
- Dhiren Shah
- Emma Young
- JAMES CARLETON
- Mark Coombs
- Rashi Talwar Bhatia
- Satya Duhita
- Seki Mutukwa
- Sofia Rodriguez
- Thuy Dam
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £941k | £130k |
| 30/06/2024 | £980k | £427k |
| 30/06/2023 | £951k | £537k |
| 30/06/2022 | £1.5m | £343k |
| 31/12/2020 | £344k | £159k |
Common questions
Is THE ASHMORE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at $13.8 million as of 30 June 2025, an increase from the previous year's $11.9 million. The Trustees confirm that the Foundation has sufficient financial resources to meet its liabilities as they fall due for at least 12 months from the date of the report. The financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Ernst & Young LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| POWER TO CHANGE TRUST | 1 | £129k |
| BACK ON THE MAP LIMITED | 1 | £53k |
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |
Charities like this
- THE ASHA FOUNDATION
- The Ashley Family Foundation
- THE LOVINGTON FOUNDATION
- THE APAX FOUNDATION
- THE ASHLA CHARITABLE TRUST
- EMES FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ASHMORE FOUNDATION | £941k | — | 1 | unclear | — | no doubt |
| THE ASHA FOUNDATION | £162k | — | 0 | unclear | — | no doubt |
| The Ashley Family Foundation | £416k | — | 0 | unclear | — | no doubt |
| THE LOVINGTON FOUNDATION | £272k | — | 0 | unclear | — | no doubt |
| THE APAX FOUNDATION | £1.9m | — | 0 | unclear | 0.0% | no doubt |
| THE ASHLA CHARITABLE TRUST | £103k | — | 0 | unclear | — | no doubt |