SAWIRIS FOUNDATION
The Trustees are looking to build up further resources to ensure that sustainable long term grants may be made for projects to be selected in the future.
Objects
THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME, AND ALL OR SUCH PART OR PARTS OF THE CAPITAL, AT SUCH TIME OR TIMES AND IN SUCH MANNER TO, OR FOR THE BENEFIT OF, SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES IN ANY PART OF THE WORLD AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £118,813.12 as of 31 December 2024, representing a net asset increase from the prior year. The charity reported total incoming resources of £30,343.31 and total resources expended of £3,305.40 for the year. The trustees confirmed that no material matters came to light during the examination of the accounts.
What the accounts disclose
Policies the charity declares
- Financial reserves policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- GLORIA INES GALLAGHER
- SHERINE SAMIR LOUIS MAGAR
- Samih Onsi Naguib Sawiris
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £30k | £3k |
| 31/12/2023 | £63k | £679 |
| 31/12/2022 | £94 | £811 |
| 31/12/2021 | £12 | £280 |
| 31/12/2020 | £92 | £2k |
Common questions
Is SAWIRIS FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £118,813.12 as of 31 December 2024, representing a net asset increase from the prior year. The charity reported total incoming resources of £30,343.31 and total resources expended of £3,305.40 for the year. The trustees confirmed that no material matters came to light during the examination of the accounts. Its FY2024 accounts were independently examined.