ROYAL MUSEUMS GREENWICH FOUNDATION
The Foundation provides funds to advance, as far as may be exclusively charitable, the education of the public in the sea, ships, time and the stars, and their importance and relationship with people, in particular (but without limitation) by promoting or supporting such of the charitable objects of the National Maritime Museum as the Trustees of Charity shall determine from time to time.
Objects
THE OBJECTS OF THE CHARITY ARE TO ADVANCE,IN SO FAR AS MAY BE EXCLUSIVELY CHARITABLE,THE EDUCATION OF THE PUBLIC IN THE SEA,SHIPS,TIME AND THE STARS,AND THEIR IMPORTANCE AND RELATIONSHIP WITH PEOPLE,IN PARTICULAR BUT WITHOUT LIMITATION)BY PROMOTING OR SUPPORTING SUCH OF THE CHARITABLE OBJECTS OF THE NATIONAL MARITIME MUSEUM AS THE TRUSTEES OF THE CHARITY SHALL DETERMINE FROM TIME TO TIME AND(SAVE FOR PURPOSES INCIDENTAL AND ANCILLARY TO THESE OBJECTS)NO OTHER PURPOSES.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £636,119 for the year ended 31 March 2025, a significant shift from the net income of £2,489,338 in the prior year. Despite this deficit, unrestricted reserves remained substantial at £12,422,608, which the Trustees confirm is in line with their established reserves policy. The charity maintains a strong liquidity position with cash assets of £12.63m and confirms it is a going concern with no material uncertainties.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Grant-making is its main activity
Corporate structure
- Registered company of the charity Companies House 08002287
Company officers (Companies House)
- HALES, Antony John on trustee list
- MACAULAY, Alastair Craig on trustee list
- PENN, Jeremy John Harley on trustee list
- COSTANTINI, Karen Jane
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- Alastair MacAulay
- Antony John Hales
- JEREMY JOHN HARLEY PENN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £492k | £1.1m |
| 31/03/2024 | £2.5m | £16k |
| 31/03/2023 | £3.0m | £55k |
| 31/03/2022 | £3.8m | £13k |
| 31/03/2021 | £290k | £13k |
Common questions
Is ROYAL MUSEUMS GREENWICH FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £636,119 for the year ended 31 March 2025, a significant shift from the net income of £2,489,338 in the prior year. Despite this deficit, unrestricted reserves remained substantial at £12,422,608, which the Trustees confirm is in line with their established reserves policy. The charity maintains a strong liquidity position with cash assets of £12.63m and confirms it is a going concern with no material uncertainties. Its FY2025 accounts were audited by HaysMac LLP.
Who funds ROYAL MUSEUMS GREENWICH FOUNDATION?
Funders whose own accounts filings name ROYAL MUSEUMS GREENWICH FOUNDATION as a grant recipient include GARFIELD WESTON FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| GARFIELD WESTON FOUNDATION | FY2024 | £3.0m | Museums & Heritage |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 27/03/2024 | £89k | Space for All Fund 2023 |
| UK government | — | £125k | DCMS/Wolfson Museums and Galleries Improvement Fund |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HMS VICTORY PRESERVATION ENDOWMENT FUND | 1 | £1.0m |
| SOCIETY FOR NAUTICAL RESEARCH | 1 | £300k |
| NATIONAL ART COLLECTIONS FUND | 1 | £40k |
| THE ROSE FOUNDATION | 1 | £33k |
| THE CHARLES SKEY CHARITABLE TRUST | 1 | £10k |
| THE HEADLEY TRUST | 1 | £10k |
| THE WILLIAM ALLEN YOUNG CHARITABLE TRUST | 1 | £3k |
Charities like this
- THE GREENWICH FOUNDATION FOR THE OLD ROYAL NAVAL COLLEGE
- NATIONAL MARITIME MUSEUM CORNWALL TRUST
- NAUTICAL MUSEUMS TRUST LIMITED
- ROYAL NAVY MUSEUMS
- THE ROYAL WELSH REGIMENTAL MUSEUM TRUST
- NANTWICH MUSEUM TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ROYAL MUSEUMS GREENWICH FOUNDATION | £492k | — | 0 | unclear | — | no doubt |
| THE GREENWICH FOUNDATION FOR THE OLD ROYAL NAVAL COLLEGE | £7.2m | — | — | unclear | — | no doubt |
| NATIONAL MARITIME MUSEUM CORNWALL TRUST | £2.4m | £80,001 - £90,000 | — | unclear | — | no doubt |
| NAUTICAL MUSEUMS TRUST LIMITED | £107k | — | 0 | above | — | no doubt |
| ROYAL NAVY MUSEUMS | £19.7m | — | — | unclear | — | no doubt |
| THE ROYAL WELSH REGIMENTAL MUSEUM TRUST | £90k | — | 0 | unclear | — | no doubt |