THE RACING FOUNDATION

Registered charity 1145297 · accounts filings on the Charity Commission register

GRANTMAKER

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Accommodation/housing · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£1.2m
Latest spending
£3.4m
Registered
2012
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds total net funds of £95.8m, comprising £93.6m in endowment funds and £2.2m in unrestricted funds. The trustees maintain a reserves policy of preserving the long-term real capital value of the Tote sale proceeds, holding an unrestricted general reserve sufficient to cover grant commitments for at least a 12-month period. The independent auditors confirmed that the use of the going concern basis is appropriate with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Employees paid over £60,000: 1
“1 employee earned between £110-115k during the period” — page 37
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Xeinadin Audit Ltd. Discloses 4 of 6 completeness components.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£1.2m
Total spending
£3.4m
Cost of raising funds
£59k
Reserves (reported)
£0
Employees
4

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Investments (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 4.9% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£1.2m£3.4m
31/12/2024£1.8m£1.8m
31/12/2023£2.1m£2.6m
31/12/2022£3.7m£7.4m
31/12/2021£1.7m£7.4m

Common questions

Is THE RACING FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds total net funds of £95.8m, comprising £93.6m in endowment funds and £2.2m in unrestricted funds. The trustees maintain a reserves policy of preserving the long-term real capital value of the Tote sale proceeds, holding an unrestricted general reserve sufficient to cover grant commitments for at least a 12-month period. The independent auditors confirmed that the use of the going concern basis is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Xeinadin Audit Ltd.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
BRIDGE HOUSE ESTATES1£1.5m
BEAULAND LIMITED1£128k
Rights and Security International1£50k
KENTISH TOWN IMPROVEMENT FUND1£0

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE READING FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE RACING FOUNDATION£1.2m—1unclear—no doubt
THE READING FOUNDATION FY2025£517k—0unclear—no doubt
THE RUFFORD FOUNDATION FY2025£3.9m£80,001 - £90,000—unclear—no doubt
MW (HO) FOUNDATION FY2024£207k—0unclear—no doubt
THE BLAKEY FOUNDATION FY2025£271k—0unclear—no doubt
Rothesay Foundation FY2025£1.8m—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.