THE ASDA FOUNDATION
To provide financial support to charities and local good causes in times of crisis and to build community resilience longer term through direct support and involvement of Asda colleagues locally in stores through our grant giving programmes.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a small net expenditure of £5,861 for the year, resulting in a slight decrease in unrestricted reserves from £3,415,814 to £3,409,953. The charity relies entirely on donations from ASDA Stores Limited for its income and maintains sufficient unrestricted cash balances to meet committed expenses for the twelve-month period following the approval of the financial statements.
What the accounts disclose
“The policy in place includes funds to cover the costs of dissolution should ASDA Foundation cease to exist, and emergency funding for utilisation at trustee discretion if a local community emergency occurred requiring additional funding, such as a future pandemic or significant community flooding. Reserves set aside for these two eventualities total £141,700” — page 8
“During the year, ASDA Stores donated £3,600,000 which was outstanding at 31 December 2024 and settled in January 2025 (2023: £3,600,000). ASDA Stores recharged an amount at cost totalling £340,802 for salary and other costs incurred in relation to the administrative support of the ASDA Foundation (2023: £372,114). At the year end, ASDA Stores owed The ASDA Foundation £3,650,000 (2023: £50,000). The ASDA Foundation owed ASDA Stores £375,168 for administration costs (2023: £32,049). Both of these amounts were settled in January 2025.” — page 25
In the news
What the charity says about itself (2025)
“With grants ranging from £500-£3,000, we awarded £529,977 across 303 groups, this one-off grant helped to create spaces that make a real difference to people’s lives.”
“With grants ranging from £500–£1,000, we awarded £510,465 across 555 community projects, enabling a diverse range of vital initiatives including specialist workshops, crisis support, sports equipment and essential items.”
“In 2025, £400,200 was awarded across 652 food providing organisations, enabling them to continue supporting local people facing food insecurity and poverty.”
Leadership, per the charity’s website
- Karl Doyle — Chair
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Jane Earnshaw
- John Fallon
- Karl Andrew Doyle
- Margaret Ann Jones
- Mark Benton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.7m | £3.7m |
| 31/12/2023 | £3.6m | £3.6m |
| 31/12/2022 | £3.7m | £4.7m |
| 31/12/2021 | £3.7m | £4.4m |
| 31/12/2020 | £3.7m | £4.9m |
Common questions
Is THE ASDA FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a small net expenditure of £5,861 for the year, resulting in a slight decrease in unrestricted reserves from £3,415,814 to £3,409,953. The charity relies entirely on donations from ASDA Stores Limited for its income and maintains sufficient unrestricted cash balances to meet committed expenses for the twelve-month period following the approval of the financial statements. Its FY2024 accounts were audited by Sayer Vincent LLP.
Who funds THE ASDA FOUNDATION?
Funders whose own accounts filings name THE ASDA FOUNDATION as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST CATHERINE'S, WAKEFIELD, MOSAIC CHURCH LIMITED, WOLVERHAMPTON LGBT+, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST KATHARINES, BLACKROD.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE | FY2022 | £20k | matched-funding grant for the purpose of replacing the windows and doors at The Orchards |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST CATHERINE'S, WAKEFIELD | FY2023 | £15k | Community Pantry running costs |
| MOSAIC CHURCH LIMITED | FY2024 | £6k | |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE | FY2023 | £5k | The Orchards refurbishment |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE | FY2024 | £5k | The Orchards refurbishment |
| WOLVERHAMPTON LGBT+ | FY2025 | £684 | Repairs |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST KATHARINES, BLACKROD | FY2023 | £500 | Warm Spaces initiative grant received |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FOOTBALL FOUNDATION | 1 | £1.6m |
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £600k |
| The Gerald and Gail Ronson Family Foundation | 1 | £200k |
| THE LIZ AND TERRY BRAMALL FOUNDATION | 1 | £100k |
| THE BARTLETT FOUNDATION | 1 | £86k |
| THE ARNOLD BURTON 1998 CHARITABLE TRUST | 1 | £70k |
| MYISRAEL | 1 | £54k |
| GIVE A GIFT | 1 | £45k |
Charities like this
- THE PURI FOUNDATION
- THE FOCUS FOUNDATION
- Rothesay Foundation
- ASHA: A COMMUNITY OF HOPE
- ASHKELON FOUNDATION
- ASTON VILLA FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ASDA FOUNDATION | £3.7m | — | 0 | unclear | — | no doubt |
| THE PURI FOUNDATION | £5.3m | — | 0 | above | — | no doubt |
| THE FOCUS FOUNDATION | £1.6m | — | 0 | unclear | 4.0% | no doubt |
| Rothesay Foundation | £1.8m | — | 0 | unclear | — | no doubt |
| ASHA: A COMMUNITY OF HOPE | £223k | — | 0 | unclear | — | no doubt |
| ASHKELON FOUNDATION | £206k | — | 0 | unclear | — | no doubt |