THE ALDAMA FOUNDATION
Other charities and art foundations.
Objects
THE TRUSTEES SHALL PAY OR APPLY THE INCOME OF THE TRUST FUND AND MAY ALSO TRANSFER PAY OR APPLY THE WHOLE OR ANY PART OR PARTS OF THE CAPITAL OF THE TRUST FUND TO SUCH CHARITIES OR FOR SUCH CHARITABLE PURPOSES AS THE TRUSTEES SHALL FROM TIME TO TIME IN THEIR ABSOLUTE AND UNCONTROLLED DISCRETION THINK FIT
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £3,340,374, which the trustees consider sufficient to cover management costs and grant levels. The charity reported a net outgoing resource of £163,737, offset by significant gains on investments, resulting in a net increase in funds. The trustees confirm the charity is a going concern with adequate resources to continue operations.
What the accounts disclose
“It is the intention of the Trustee to sustain the unrestricted funds at a level which will provide sufficient funds for the level of grants paid and to cover the Charity's management and administration costs.” — page 4
“During the year administration expenses of £30,649 were charged by Dickinson Trust Limited (trustee).” — page 15
“During the year the Charity incurred fees of £2,410 [2023: £2,893] from Millbank Financial Services Limited ('MFS') for their Portfolio Stewardship service. The Hon H M T Gibson, The Hon C A Pearson and Mr M P Harris (Directors of The Dickinson Trust Limited) are Directors of MFS.” — page 18
“During the year administration expenses of £30,649 were charged by Dickinson Trust Limited (trustee).” — page 15
“During the year the Charity incurred fees of £2,410 [2023: £2,893] from Millbank Financial Services Limited ('MFS') for their Portfolio Stewardship service. The Hon H M T Gibson, The Hon C A Pearson and Mr M P Harris (Directors of The Dickinson Trust Limited) are Directors of MFS.” — page 18
“During the year administration expenses of £30,649 were charged by Dickinson Trust Limited (trustee).” — page 15
“During the year the Charity incurred fees of £2,410 [2023: £2,893] from Millbank Financial Services Limited ('MFS') for their Portfolio Stewardship service. The Hon H M T Gibson, The Hon C A Pearson and Mr M P Harris (Directors of The Dickinson Trust Limited) are Directors of MFS.” — page 18
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 05/04/2025
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2024
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2023
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- THE DICKINSON TRUST LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £625k | £777k |
| 05/04/2024 | £876k | £1.0m |
| 05/04/2023 | £711k | £630k |
| 05/04/2022 | £797k | £3.3m |
| 05/04/2021 | £55k | £882k |
Common questions
Is THE ALDAMA FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £3,340,374, which the trustees consider sufficient to cover management costs and grant levels. The charity reported a net outgoing resource of £163,737, offset by significant gains on investments, resulting in a net increase in funds. The trustees confirm the charity is a going concern with adequate resources to continue operations. Its FY2024 accounts were audited by Martin and Company Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MENPHYS LIMITED | 1 | £45k |
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |
Charities like this
- THE ABDALLA FOUNDATION
- THE HARAMEAD TRUST
- THE CHELLARAM FOUNDATION
- ADLIB FOUNDATION
- AL-MAHDI FOUNDATION
- THE ABTA BENEVOLENT FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ALDAMA FOUNDATION | £625k | — | 0 | unclear | — | no doubt |
| THE ABDALLA FOUNDATION | £220k | — | 0 | within | — | no doubt |
| THE HARAMEAD TRUST | £4.8m | — | 0 | unclear | — | no doubt |
| THE CHELLARAM FOUNDATION | £5.6m | — | 0 | unclear | — | no doubt |
| ADLIB FOUNDATION | £61k | — | 0 | unclear | — | no doubt |
| AL-MAHDI FOUNDATION | £51k | — | 0 | unclear | — | no doubt |