THE DAVID FAMILY FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds totalled £5,892,880 at the end of the year, representing a net increase from the previous year despite a net expenditure on charitable activities. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties. The foundation relies on investment returns to fund its aims, with an investment strategy managed by UBS.
What the accounts disclose
“The charity is mainly reliant on its return from investments to fund its charitable aims, and therefore has a reserves policy which aims to provide sustainable funds for the future.”
Trustees
- JONATHAN ROY HILL DAVIDchair
- ANNA-LISA JULIET WRIGHT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £171k | £678k |
| 31/12/2023 | £72k | £727k |
| 31/12/2022 | £58k | £936k |
| 31/12/2021 | £47k | £754k |
| 31/12/2020 | £253k | £1.4m |
Common questions
Is THE DAVID FAMILY FOUNDATION financially healthy?
The accounts state that unrestricted funds totalled £5,892,880 at the end of the year, representing a net increase from the previous year despite a net expenditure on charitable activities. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties. The foundation relies on investment returns to fund its aims, with an investment strategy managed by UBS. Its FY2024 accounts were independently examined.
Who funds THE DAVID FAMILY FOUNDATION?
Funders whose own accounts filings name THE DAVID FAMILY FOUNDATION as a grant recipient include FRIENDS OF ACHIEZER ARAD.
Known funders
| Funder | Year | Amount |
|---|---|---|
| FRIENDS OF ACHIEZER ARAD | FY2023 | £41k |