THE YEN MING DEH CHARITABLE FOUNDATION
Promote the advancement and furthering of education; advance the education of the public in language, art and culture; educate the public concerning the culture of China; promote the protection and preservation of health and the advancement of health and related sciences in all or any of their branches and the diffusion of knowledge relating thereto.
Financial health, per its FY2024 accounts
The accounts state that the charity held £nil in free reserves at the end of the financial year, consistent with a policy of maintaining only a minimal balance following the establishment of an expendable endowment fund. Total incoming resources were £25,020, while charitable expenditure amounted to £2,000, resulting in a net increase in total funds.
What the accounts disclose
“At 31 December 2024 free reserves (defined as unrestricted funds less fixed asset investments) held by the charity were £nil” — page 5
“On 23 July 2013 the charity received a gift of the whole of the share capital of an unquoted company, Watergold Company Limited, to hold as an investment.” — page 11
Trustees
- Anthony George McClellan
- DAVID BRUCE REED
- DR ADELINE YEN MAH
- Jack Reed
- Kenneth Shu Fa Lee
- LORD JOHN EATWELL
- SYBIL KRETZMER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £25k | £75k |
| 31/12/2023 | £14k | £974k |
| 31/12/2022 | £5k | £32k |
| 31/12/2021 | £2k | £30k |
| 31/12/2020 | £2k | £40k |
Common questions
Is THE YEN MING DEH CHARITABLE FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity held £nil in free reserves at the end of the financial year, consistent with a policy of maintaining only a minimal balance following the establishment of an expendable endowment fund. Total incoming resources were £25,020, while charitable expenditure amounted to £2,000, resulting in a net increase in total funds. Its FY2024 accounts were independently examined.