THE FOUNDATION FOR THE PROMOTION OF WELL-BEING
The foundation is continuing to diversify and expand it's investment portfolio in order to generate investment income. The investment income will then be applied for charitable purposes. The charity is grant making and intends to increase it's level of charitable giving in future periods.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased significantly from £387,605 to £57,888, while expendable endowment funds increased to £31,580,277 due to investment revaluation surpluses. The charity reported a net expenditure of £329,717 against unrestricted income, largely driven by £500,000 in grants and a £500,000 adjustment for unrecoverable Gift Aid. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“During the year trustee M Travis settled professional fees on behalf of the charity totalling £5,878 (2023: £7,856). These amounts are recognised as donations as set out in note 2.” — page 23
Trustees
- MATTHEW TRAVISchair
- Eleni Goulandris
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | — | — |
| 31/10/2024 | £364k | £821k |
| 31/10/2023 | £286k | £192k |
| 31/10/2022 | £170k | £290k |
| 31/10/2021 | £110k | £165k |
Common questions
Is THE FOUNDATION FOR THE PROMOTION OF WELL-BEING financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds decreased significantly from £387,605 to £57,888, while expendable endowment funds increased to £31,580,277 due to investment revaluation surpluses. The charity reported a net expenditure of £329,717 against unrestricted income, largely driven by £500,000 in grants and a £500,000 adjustment for unrecoverable Gift Aid. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were audited by Larking Gowen LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WILFRED AND ELSIE ELKES CHARITY FUND | 1 | £24k |
| THE TIM HENMAN FOUNDATION | 1 | £9k |
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |
Charities like this
- PS FOUNDATION
- MW (HO) FOUNDATION
- THE BEHRENS FOUNDATION
- PROWTING CHARITABLE FOUNDATION
- THE HARGREAVES FOUNDATION
- THE ORP FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE FOUNDATION FOR THE PROMOTION OF WELL-BEING | £364k | — | 0 | unclear | — | no doubt |
| PS FOUNDATION | £560k | — | 0 | unclear | — | no doubt |
| MW (HO) FOUNDATION | £207k | — | 0 | unclear | — | no doubt |
| THE BEHRENS FOUNDATION | £120k | — | 0 | unclear | — | no doubt |
| PROWTING CHARITABLE FOUNDATION | £140k | — | 0 | unclear | — | no doubt |
| THE HARGREAVES FOUNDATION | £1.3m | £110,001 - £120,000 | — | above | — | no doubt |