THE ROTHSCHILD FOUNDATION

Registered charity 1138145 · accounts filings on the Charity Commission register · also known as THE ALICE TRUST

Latest income
£27.2m
Latest spending
£38.2m
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total funds increased to £826.1 million, driven by a £65.7 million gain on investments which offset a net expenditure of £11.2 million. The charity holds a large expendable endowment of £813 million and states it is not necessary to hold general unrestricted reserves, as unrestricted income covers charitable activities while any shortfall is met by the endowment. The trustees and auditors confirm the going concern basis is appropriate with no material uncertainties.

What the accounts disclose

Reserves policy: Not necessary to hold general unrestricted reserves or free reserves (held: £813.0m)
Given the value of the expendable endowment fund, the Trustees are of the view that it is not necessary for the Foundation to hold general unrestricted reserves or free reserves.
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Rothschild Waddesdon Limited, Golden Mede Management Company Limited, Golden Mede Development Company Limited
The financial statements of the charity's subsidiaries, Rothschild Waddesdon Limited, Golden Mede Management Company Limited and Golden Mede Development Company Limited are consolidated on a line by line basis in these financial statements.
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 28/02/2025)

Total income
£27.2m
Total spending
£38.2m
Cost of raising funds
£3.6m
Reserves (reported)
£530.7m
Employees
211

Reported reserves equal ~166.5 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
28/02/2025£27.2m£38.2m
29/02/2024£39.5m£37.2m
28/02/2023£41.4m£42.3m
28/02/2022£44.3m£37.1m
28/02/2021£37.7m£35.2m

Common questions

Is THE ROTHSCHILD FOUNDATION financially healthy?

The accounts state that total funds increased to £826.1 million, driven by a £65.7 million gain on investments which offset a net expenditure of £11.2 million. The charity holds a large expendable endowment of £813 million and states it is not necessary to hold general unrestricted reserves, as unrestricted income covers charitable activities while any shortfall is met by the endowment. The trustees and auditors confirm the going concern basis is appropriate with no material uncertainties. Its FY2025 accounts were audited by Saffery LLP.

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