THE JOSEPHINE HART POETRY FOUNDATION
The Charity delivers live poetry readings and has developed an app to make poetry free and accessible enabling public all over the world to hear and see some of the world's great poetry read aloud by some of the greatest actors.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £134,520 at the end of the year, an increase from £36,658 in the previous period. The trustees report that these reserves are sufficient to cover the charity's expenditure for the next twelve months and confirm the entity is a going concern. The charity relies on a single principal donor, Lord Saatchi, who has committed to providing funds to maintain reserves when necessary.
What the accounts disclose
“The trustees aim to have reserves equivalent to at least a year’s expenditure.” — page 6
“Lord M Saatchi (a trustee) made donations to the charity, as per note 3 and paid £nil (2023 - NIL) in respect of administration costs.” — page 14
“M Henry (a trustee) is employed by Lord Saatchi. During the year no salary costs relating to M Henry were recharged to the charity (2023 - £nil).” — page 14
“Lord M Saatchi (a trustee) made donations to the charity, as per note 3 and paid £nil (2023 - NIL) in respect of administration costs.” — page 14
“M Henry (a trustee) is employed by Lord Saatchi. During the year no salary costs relating to M Henry were recharged to the charity (2023 - £nil).” — page 14
“Lord M Saatchi (a trustee) made donations to the charity, as per note 3 and paid £nil (2023 - NIL) in respect of administration costs.” — page 14
“M Henry (a trustee) is employed by Lord Saatchi. During the year no salary costs relating to M Henry were recharged to the charity (2023 - £nil).” — page 14
Funders the charity credits
- David Ross Education Trust
- Royal Academy of Dramatic Art
Trustees
- LORD MAURICE SAATCHI
- MONIQUE HENRY
- Michael Grandage
- Timothy Duffy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £326k | £126k |
| 31/12/2024 | £258k | £160k |
| 31/12/2023 | £67k | £131k |
| 31/12/2022 | £13k | £153k |
| 31/12/2021 | £2k | £104k |
Common questions
Is THE JOSEPHINE HART POETRY FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £134,520 at the end of the year, an increase from £36,658 in the previous period. The trustees report that these reserves are sufficient to cover the charity's expenditure for the next twelve months and confirm the entity is a going concern. The charity relies on a single principal donor, Lord Saatchi, who has committed to providing funds to maintain reserves when necessary. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE T. S. ELIOT FOUNDATION | 2 | £22k |
| THE FOYLE FOUNDATION | 1 | £815k |
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £677k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| THE JOHN BROWNE CHARITABLE TRUST | 1 | £130k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £12k |
| THE FENTON ARTS TRUST | 1 | £10k |
Charities like this
- POETRY LONDON LTD
- THE JOHN HARTSON FOUNDATION
- THE POETRY SOCIETY
- HAY FESTIVAL FOUNDATION LTD
- THE SISTERS OF ST. JOSEPH OF PEACE CIO
- THE READING FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE JOSEPHINE HART POETRY FOUNDATION | £326k | — | 0 | unclear | — | no doubt |
| POETRY LONDON LTD | £130k | — | 0 | unclear | — | no doubt |
| THE JOHN HARTSON FOUNDATION | £194k | — | 0 | unclear | — | no doubt |
| THE POETRY SOCIETY | £1.1m | £60,001 - £70,000 | 1 | above | — | no doubt |
| HAY FESTIVAL FOUNDATION LTD | £6.9m | £110,001 - £120,000 | 3 | below | — | no doubt |
| THE SISTERS OF ST. JOSEPH OF PEACE CIO | £2.1m | — | — | above | — | no doubt |