THE FINBOROUGH FOUNDATION
The Finborough Foundation was created to advance the training and study of science, medicine and the arts, and promote the conservation and protection of the natural and built environment and support homeless children and adults.
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted funds totaling £8,173,466, with no designated restricted funds or long-term commitments. The Trustees do not maintain a specific reserves policy target, stating that all funds remain available at their discretion to further the charity's purposes. The charity reported a net increase in funds of £26,670 for the year, supported by a property portfolio valued at £6,459,000 and other investments valued at £1,045,316.
What the accounts disclose
“Included in other creditors is an amount of £35,000 loaned to the charity by Mr Charles Pettiward, Trustee. The loan is interest free and repayable on demand. No benefit was received by Mr Pettiward in exchange for this loan, which had been donated to the Foundation during the period prior to the date these financial statements were approved.” — page 21
“Kerry Roberts is a Director of Rathbones Trust Company and Rathbones Secretaries Limited. As permitted by the Foundation's governing documents, Rathbones was paid £17,520 (2023 - £7,200) in respect of professional services provided to the charity during the financial year.” — page 21
“Included in other creditors is an amount of £35,000 loaned to the charity by Mr Charles Pettiward, Trustee. The loan is interest free and repayable on demand. No benefit was received by Mr Pettiward in exchange for this loan, which had been donated to the Foundation during the period prior to the date these financial statements were approved.” — page 21
“Kerry Roberts is a Director of Rathbones Trust Company and Rathbones Secretaries Limited. As permitted by the Foundation's governing documents, Rathbones was paid £17,520 (2023 - £7,200) in respect of professional services provided to the charity during the financial year.” — page 21
Property (HM Land Registry)
Trustees
- Anna Pettiward
- Charles Pettiward
- James Roger Pettiward
- Josephine Mary Pettiward
- Kerry Roberts
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £251k | £256k |
| 31/12/2023 | £266k | £322k |
| 31/12/2022 | £269k | £244k |
| 31/12/2021 | £241k | £255k |
| 31/12/2020 | £263k | £343k |
Common questions
Is THE FINBOROUGH FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted funds totaling £8,173,466, with no designated restricted funds or long-term commitments. The Trustees do not maintain a specific reserves policy target, stating that all funds remain available at their discretion to further the charity's purposes. The charity reported a net increase in funds of £26,670 for the year, supported by a property portfolio valued at £6,459,000 and other investments valued at £1,045,316. Its FY2024 accounts were audited by Grunberg & Co Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST WULFRAM, GRANTHAM | 1 | £2k |
Charities like this
- THE FOUNDATION FOUNDATION
- THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE
- FINE & COUNTRY FOUNDATION
- THE FINNIS SCOTT FOUNDATION
- THE SOHO HOUSE FOUNDATION
- THE SUPPORT FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE FINBOROUGH FOUNDATION | £251k | — | 0 | unclear | — | no doubt |
| THE FOUNDATION FOUNDATION | £173k | — | 0 | above | — | no doubt |
| THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE | £133k | — | 0 | above | — | no doubt |
| FINE & COUNTRY FOUNDATION | £117k | — | 0 | unclear | — | noted |
| THE FINNIS SCOTT FOUNDATION | £359k | — | 0 | unclear | — | no doubt |
| THE SOHO HOUSE FOUNDATION | £168k | — | 0 | unclear | — | no doubt |