THE NUGEE FOUNDATION
For the Patronages of Wymering, Cosham, Farlington and Great Oxenden, supporting the parishes and benefices financially and in any other way the Trustees see fit. Support the provision of music in schools and young people, especially those from deprived backgrounds, as a therapy to help those suffering from physical and mental illness. Support other charitable activities as agreed by the Trustees.
Objects
1 TO SUCH CHARITIES OR FOR SUCH CHARITABLE PURPOSES AS THE TRUSTEES THINK FIT.2 THE TRUSTEES MAY ACCUMULATE ALL OR ANY PART OF THE INCOME FO THE TRUST FUND DURING THE ACCUMULATION PERIOD OR SUCH OTHER PERIOD AS MAY BE PERMITTED BY LAW.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £807,751, which the trustees aim to protect to generate future income. Total investment income decreased by approximately 9.6% to £18,432, while grant expenditures increased by 35% to £35,250. Governance costs were minimal at £747, and the independent examiner reported no material concerns regarding the accounts.
What the accounts disclose
“It is the policy of the Trustees to protect a core of investments and cash assets to generate income for future years' grant awards.” — page 8
“The Trustees each made an annual donation to the Foundation of £1,000 (2024: £1,000 each) and in 2024 and 2025 one trustee also donated a further £1,600.”
Policies the charity declares
- Campaigns and political activity policy and procedures
- 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
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Grant-making is its main activity
Trustees
- ANDREW JAMES B NUGEE
- John Francis Nugee
- Richard Nugee CB CVO CBE
- THE RT HON SIR CHRISTOPHER GEORGE NUGEE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £25k | £44k |
| 31/12/2024 | £27k | £34k |
| 31/12/2023 | £25k | £27k |
| 31/12/2022 | £27k | £35k |
| 31/12/2021 | £26k | £26k |
Common questions
Is THE NUGEE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £807,751, which the trustees aim to protect to generate future income. Total investment income decreased by approximately 9.6% to £18,432, while grant expenditures increased by 35% to £35,250. Governance costs were minimal at £747, and the independent examiner reported no material concerns regarding the accounts. Its FY2025 accounts were independently examined.
Charities like this
- THE GARETH NEAME FOUNDATION
- NORTHGATE CHURCH TRUST
- NORTH WALES MUSIC TUITION CENTRES
- THE WAKEHAM TRUST
- NEWHAM MUSIC TRUST
- GOWLING WLG (UK) CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE NUGEE FOUNDATION | £25k | — | 0 | unclear | — | no doubt |
| THE GARETH NEAME FOUNDATION | £19k | — | 0 | above | — | no doubt |
| NORTHGATE CHURCH TRUST | £270k | — | 0 | within | — | no doubt |
| NORTH WALES MUSIC TUITION CENTRES | £335k | — | 0 | unclear | — | no doubt |
| THE WAKEHAM TRUST | £41k | — | 0 | above | — | no doubt |
| NEWHAM MUSIC TRUST | £1.4m | £70,001 - £80,000 | 1 | unclear | — | no doubt |