THE DR MORTIMER AND THERESA SACKLER FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds totalled £28,034,673 at year-end, providing a strong financial position relative to outstanding commitments of £1,455,463. The trustees confirmed the charity has sufficient resources to continue as a going concern for the foreseeable future. No material uncertainties regarding the charity's ability to operate were identified by the auditors.
What the accounts disclose
“The Trustees have decided to retain and invest approximately £10,000,000 in order to generate income and gains which the Trustees intend to distribute each year.” — page 4
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Anthony Collins
- DAME THERESA SACKLER
- Dr KATHE ANNE SACKLER
- MARISSA THERESA SACKLER
- MICHAEL DANIEL SACKLER
- MORTIMER DAVID ALFONS SACKLER
- MRS I SACKLER LEFCOURT
- MRS SOPHIA DALRYMPLE
- Samantha Sophia Hunt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £875k | £509k |
| 31/12/2023 | £774k | £1.3m |
| 31/12/2022 | £1.7m | £911k |
| 31/12/2021 | £116k | £793k |
| 31/12/2020 | £60k | £1.3m |
Common questions
Is THE DR MORTIMER AND THERESA SACKLER FOUNDATION financially healthy?
The accounts state that unrestricted funds totalled £28,034,673 at year-end, providing a strong financial position relative to outstanding commitments of £1,455,463. The trustees confirmed the charity has sufficient resources to continue as a going concern for the foreseeable future. No material uncertainties regarding the charity's ability to operate were identified by the auditors. Its FY2024 accounts were audited by George Hay & Company.