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.
Objects
OBJECT 1THE ADVANCEMENT AND FURTHERING OF EDUCATIONOBJECT 2TO ADVANCE THE EDUCATION OF THE PUBLIC IN LANGUAGE, ARTS AND CULTURE.OBJECT 3TO EDUCATE THE PUBLIC CONCERNING THE CULTURE OF CHINA; ITS LANGUAGE, HISTORY, HERITAGE, ART, MUSIC, PERFORMING ARTS AND TRADITIONS.OBJECT 4TO PROMOTE THE PROTECTION AND PRESERVATION OF HEALTH AND ADVANCEMENT OF HEALTH RELATED SCIENCES IN ALL OR ANY OF THEIR BRANCHES AND THE DIFFUSION OF KNOWLEDGE RELATING THERETO.OBJECT 5ANY PURPOSE WHICH IS CHARITABLE UNDER THE LAW OF ENGLAND AND WALES.
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
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Trustee conflicts of interest policy and procedures
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.