SCALABRINI FATHERS COMPANY
The objects of the charity are for such charitable purposes which advance religious and other charitable work for the time being carried on by or under the direction of the society as trustees with approval of the Superior shall from time to tome think fit.
Objects
TO APPLY FUNDS FOR SUCH CHARITABLE PURPOSES AS SHALL ADVANCE THE RELIGIOUS AND OTHER CHARITABLE WORK FOR THE TIME BEING CARRIED ON BY OR UNDER THE DIRECTION OF OR THE SUPPORT OF THE SOCIETY AS THE TRUSTEES SHALL FROM TIME TO TIME THINK FIT AND IF AT ANY TIME THE SOCIETY SHALL CEASE TO EXIST OR SHALL CEASE TO CARRY ON OR DIRECT ANY CHARITABLE WORK THEN FOR SUCH LAWFUL CHARITABLE PURPOSES CONNECTED WITH THE ADVANCEMENT OF THE ROMAN CATHOLIC RELIGION AS THE TRUSTEES SHALL DECIDE
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £12,575,675, which significantly exceed its stated policy of maintaining funds for unforeseen cashflow shortfalls and asset maintenance. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, supported by an independent audit opinion.
What the accounts disclose
“The policy on reserves is reviewed on a yearly basis and based on the Jevel of income generated during each financial year. The unrestricted funds are set aside for unforeseen shortfall on cashflow and mainly for the maintenance of fixed assets which will ensure the longevity and the operation of community related activities.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (04/05/2016)
Trustees
- FATHER FRANCESCO BUTTAZZO
- Father Guiseppe Bortolazzo
- Rev Elio Alberti
- Rev Gerald Melotti Junior
- Rev Giandomenico Ziliotto
- Rev Tam Nguyen Van
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.5m | £660k |
| 31/12/2023 | £2.8m | £489k |
| 31/12/2022 | £642k | £578k |
| 31/12/2021 | £683k | £488k |
| 31/12/2020 | £476k | £368k |
Common questions
Is SCALABRINI FATHERS COMPANY financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £12,575,675, which significantly exceed its stated policy of maintaining funds for unforeseen cashflow shortfalls and asset maintenance. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, supported by an independent audit opinion. Its FY2024 accounts were audited by Sterling Grove Accountants Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £23.2m |
| BEAULAND LIMITED | 1 | £1k |
Charities like this
- THE SAIFEE FOUNDATION OF EUROPE
- BHM CHARITABLE TRUST
- CONGREGATION OF THE BROTHERS OF CHARITY
- ALYMOS LTD
- ROMAN CATHOLIC PURPOSES ADMINISTERED IN CONNECTION WITH THE SOCIETY OF AFRICAN MISSIONS
- CHAI INSTITUTE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SCALABRINI FATHERS COMPANY | £1.5m | — | 0 | unclear | — | no doubt |
| THE SAIFEE FOUNDATION OF EUROPE | £21.1m | — | 0 | above | — | no doubt |
| BHM CHARITABLE TRUST | £136k | — | 0 | within | — | no doubt |
| CONGREGATION OF THE BROTHERS OF CHARITY | £34.2m | — | — | above | — | no doubt |
| ALYMOS LTD | £401k | — | 0 | above | — | no doubt |
| ROMAN CATHOLIC PURPOSES ADMINISTERED IN CONNECTION WITH THE SOCIETY OF AFRICAN MISSIONS | £1.3m | — | 0 | unclear | — | no doubt |