THE RACING FOUNDATION
GRANTMAKER
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.
What the accounts disclose
“1 employee earned between £110-115k during the period” — page 37
Corporate structure
- Registered company of the charity Companies House 07890908
Company officers (Companies House)
- SHEPPARD, Claire Joy on trustee list
- FLYNN, Rachel Elizabeth on trustee list
- PEPLINSKI, Hazel Gilchrist on trustee list
- PERSAD, Rishi on trustee list
- BOYLE, James Robert on trustee list
- PAGE, Alice Rose on trustee list
- SMITH-MAXWELL, Edward James Algernon on trustee list
- BUDD, Julia Katherine on trustee list
- BOWLES, Linda Jane on trustee list
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Julia Katharine Buddchair
- Alice Rose Page
- Claire Joy Sheppard
- Edward James Algenon Smith-Maxwell
- Hazel Gilchrist Peplinski
- James Boyle
- Linda Jane Bowles
- Rachel Elizabeth Flynn
- Rishi Persad
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BRIDGE HOUSE ESTATES | 1 | £1.5m |
| BEAULAND LIMITED | 1 | £128k |
| Rights and Security International | 1 | £50k |
| KENTISH TOWN IMPROVEMENT FUND | 1 | £0 |
Charities like this
- THE READING FOUNDATION
- THE RUFFORD FOUNDATION
- MW (HO) FOUNDATION
- THE BLAKEY FOUNDATION
- Rothesay Foundation
- THE HERITAGE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE RACING FOUNDATION | £1.2m | — | 1 | unclear | — | no doubt |
| THE READING FOUNDATION | £517k | — | 0 | unclear | — | no doubt |
| THE RUFFORD FOUNDATION | £3.9m | £80,001 - £90,000 | — | unclear | — | no doubt |
| MW (HO) FOUNDATION | £207k | — | 0 | unclear | — | no doubt |
| THE BLAKEY FOUNDATION | £271k | — | 0 | unclear | — | no doubt |
| Rothesay Foundation | £1.8m | — | 0 | unclear | — | no doubt |