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THE DONALD GORDON SECOND FOUNDATION

Registered charity 1122865 · accounts filings on the Charity Commission register

Medical and technological research, education, relief of poverty, promotion and support of the arts and other charitable causes

Causes: General Charitable Purposes · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · Grant history (this charity is a funder) · Get email alerts

Latest income
£3.2m
Latest spending
£2.1m
Registered
2008
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves increased to £99.91m from £94.37m in the prior year, supported by net investment income of £2.74m and net gains of £4.39m. The charity deployed £1.61m in charitable allocations and maintains a reserve policy framework to safeguard against unexpected financial challenges. The trustees and auditors confirm the foundation has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: Under £60,000 — below the median for charities its size (£70k)
“There were no employees whose annual remuneration was more than £60,000.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Administration services provided by Stonehage Fleming Financial Services (Pty) Ltd, where the nominee for a Trustee is an employee.
“The Foundation incurred £21,882 (2024: £24,794) for administration services provided by Stonehage Fleming Financial Services (Pty) Ltd. The nominee for a Trustee is an employee of Stonehage Fleming Financial Services (Pty) Ltd.” — page 18
“Additionally, during the year the Foundation incurred costs of £73,188 (2024: £23,523) for adminstrative services provided by Exmoor Fiduciary Limited, a company of which trustee A Sternberg is a director.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Administrative services provided by Exmoor Fiduciary Limited, a company of which trustee A Sternberg is a director.
“The Foundation incurred £21,882 (2024: £24,794) for administration services provided by Stonehage Fleming Financial Services (Pty) Ltd. The nominee for a Trustee is an employee of Stonehage Fleming Financial Services (Pty) Ltd.” — page 18
“Additionally, during the year the Foundation incurred costs of £73,188 (2024: £23,523) for adminstrative services provided by Exmoor Fiduciary Limited, a company of which trustee A Sternberg is a director.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant made to Wits Donald Gordon Medical Centre, a charity of which one of the trustees is the Chief Executive.
“The Foundation incurred £21,882 (2024: £24,794) for administration services provided by Stonehage Fleming Financial Services (Pty) Ltd. The nominee for a Trustee is an employee of Stonehage Fleming Financial Services (Pty) Ltd.” — page 18
“Additionally, during the year the Foundation incurred costs of £73,188 (2024: £23,523) for adminstrative services provided by Exmoor Fiduciary Limited, a company of which trustee A Sternberg is a director.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Azets Audit Services. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 28/02/2025)

Total income
£3.2m
Total spending
£2.1m
Reserves (reported)
£99.9m
Employees
0

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: South Africa

Income and spending

Financial year endIncomeSpending
28/02/2025£3.2m£2.1m
29/02/2024£3.5m£1.2m
28/02/2023£94.9m£14k
28/02/2022£3k£6k
28/02/2021£6k£3.0m

Common questions

Is THE DONALD GORDON SECOND FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £99.91m from £94.37m in the prior year, supported by net investment income of £2.74m and net gains of £4.39m. The charity deployed £1.61m in charitable allocations and maintains a reserve policy framework to safeguard against unexpected financial challenges. The trustees and auditors confirm the foundation has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Azets Audit Services.

What does the highest-paid employee of THE DONALD GORDON SECOND FOUNDATION earn?

Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE DONALD GORDON THIRD FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE DONALD GORDON SECOND FOUNDATION£3.2mUnder £60,0000unclear—no doubt
THE DONALD GORDON THIRD FOUNDATION FY2025£1.7m—0unclear—not going concern
THE GORDON SANDERS CHARITABLE FOUNDATION FY2025£506k—0unclear—no doubt
THE ROBERT MCALPINE FOUNDATION FY2025£1.1m—0above—no doubt
THE TOMPKINS FOUNDATION FY2025£397k—0above—no doubt
STANFORD FOUNDATION (UK) LIMITED FY2025£1.0m—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.