THE RISMAN FOUNDATION
The Risman Foundation is focused on grant-making and social investment in a variety of areas with emphases on social entrepreneurship, education, sporting endeavour, travel and humanity-related matters.
Objects
THE TRUSTEES SHALL HOLD THE TRUST FUND AND ITS INCOME UPON TRUST TO APPLY THEM FOR ALL OBJECTS WHICH ARE REGARDED AS EXCLUSIVELY CHARITABLE UNDER THE LAW OF ENGLAND AND WALES
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £74.9m at the year end, which is ahead of its stated policy target of £52.65m. The charity reported a significant surplus of £21.4m for the year, driven by £20m in donations and £2.5m in investment income, against charitable expenditure of £858k and support costs of £219k. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The current policy, approved in January 2025, is that reserves should be sufficient to cover, twelve months’ operating costs based on the budget for the year ahead, plus twelve months of steady state anticipated partnership grants, plus the anticipated spend on major grants or capital projects in the next 5 years.” — page 13
“Mr M A Risman, a trustee, paid expenses of £nil (2024 - £nil) on behalf of the charity. A balance of £4,560 was due to the Trustee at the year end (2024 - £4,560) relating to charity expenses paid by Mr Risman in previous years, which is included within other creditors above.” — page 27
“During the year, the charity paid £1,875 (2024 - £1,875) donations to The Venture Partnership Foundation Limited, a charity in which Mr M A Risman is also a trustee.” — page 27
“Mr M A Risman, a trustee, paid expenses of £nil (2024 - £nil) on behalf of the charity. A balance of £4,560 was due to the Trustee at the year end (2024 - £4,560) relating to charity expenses paid by Mr Risman in previous years, which is included within other creditors above.” — page 27
“During the year, the charity paid £1,875 (2024 - £1,875) donations to The Venture Partnership Foundation Limited, a charity in which Mr M A Risman is also a trustee.” — page 27
“Mr M A Risman, a trustee, paid expenses of £nil (2024 - £nil) on behalf of the charity. A balance of £4,560 was due to the Trustee at the year end (2024 - £4,560) relating to charity expenses paid by Mr Risman in previous years, which is included within other creditors above.” — page 27
“During the year, the charity paid £1,875 (2024 - £1,875) donations to The Venture Partnership Foundation Limited, a charity in which Mr M A Risman is also a trustee.” — page 27
“During the year, the charity made a loan of £5,000 to The Risman Foundation, a company limited by guarantee registered in England and Wales number 15837689 of which all 4 trustees are also directors.” — page 27
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 2
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Grant-making is its main activity
In the news
Corporate structure
- Trading subsidiary: THE RISMAN FOUNDATION Companies House 15837689
- No intra-group transactions disclosed as the company was dormant.
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- MICHAEL ADAM RISMANchair
- Richard Aston
- Rowena Nason
- Simon Roberts
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £22.5m | £1.1m |
| 31/03/2024 | £2.3m | £389k |
| 31/03/2023 | £25.1m | £137k |
| 31/03/2022 | £15.6m | £100k |
| 31/03/2021 | £9.4m | £64k |
Common questions
Is THE RISMAN FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £74.9m at the year end, which is ahead of its stated policy target of £52.65m. The charity reported a significant surplus of £21.4m for the year, driven by £20m in donations and £2.5m in investment income, against charitable expenditure of £858k and support costs of £219k. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by PM+M Solutions for Business LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FISHMONGERS' COMPANY'S CHARITABLE TRUST | 1 | £1.1m |
| BACON FOUNDATION LTD | 1 | £1.0m |
Charities like this
- RSM UK FOUNDATION
- GRAHAM ROWLANDSON FOUNDATION
- THE RICEPUDS CHARITABLE TRUST
- THE SOCIAL MARKET FOUNDATION
- THE KREITMAN FOUNDATION
- THE FRANCES AND AUGUSTUS NEWMAN FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE RISMAN FOUNDATION | £22.5m | — | 0 | above | — | no doubt |
| RSM UK FOUNDATION | £1.2m | — | 0 | above | — | no doubt |
| GRAHAM ROWLANDSON FOUNDATION | £314k | — | — | unclear | — | no doubt |
| THE RICEPUDS CHARITABLE TRUST | £58k | — | 0 | above | — | no doubt |
| THE SOCIAL MARKET FOUNDATION | £1.1m | — | — | unclear | — | no doubt |
| THE KREITMAN FOUNDATION | £53k | — | 0 | above | — | no doubt |