HONOR FROST FOUNDATION
The Foundation's mission is to promote the advancement and research, including publication, of marine and maritime archaeology with particular but not exclusive focus on the Eastern Mediterranean with an emphasis on Lebanon, Syria and Cyprus. The Foundation also supports safeguarding and promoting the protection of underwater cultural heritage (UCH).
Financial health, per its FY2025 accounts
The accounts state that the Foundation's net assets increased by £3,778,397 to £48,082,833, funded largely by investment gains. The Trustees note that the actual capital value of £48.1m exceeds the inflation-adjusted opening value of £44.8m, indicating the fund has preserved its real value. Although charitable expenditure exceeded income, the Foundation has sufficient resources to continue operations, with no material uncertainties identified regarding going concern.
What the accounts disclose
Structured financials (annual return, FY ending 30/09/2025)
Register events
- Received assets from another charity (12/09/2017)
Trustees
- ALISON JULIA BEWLEY CATHIEchair
- Dr CLAUDE DOUMET-SERHAL CBE
- Dr JOHN EDWARD CURTIS OBE, FBA
- Dr VENETIA ANN PORTER
- PETER MARSHALL WOLRICH
- Paola Alagna
- ROGER JACKSON CLARK FCA
- Stephen Douglas Barber
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £1.0m | £1.7m |
| 30/09/2024 | £1.0m | £1.3m |
| 30/09/2023 | £957k | £2.5m |
| 30/09/2022 | £726k | £3.1m |
| 30/09/2021 | £682k | £1.6m |
Common questions
Is HONOR FROST FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the Foundation's net assets increased by £3,778,397 to £48,082,833, funded largely by investment gains. The Trustees note that the actual capital value of £48.1m exceeds the inflation-adjusted opening value of £44.8m, indicating the fund has preserved its real value. Although charitable expenditure exceeded income, the Foundation has sufficient resources to continue operations, with no material uncertainties identified regarding going concern. Its FY2025 accounts were audited by Azets Audit Services.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE VINEHILL TRUST | 1 | £6.6m |
| THE UNITED WORLD COLLEGES (INTERNATIONAL) | 1 | £610k |
| THE CHAMPNISS FOUNDATION | 1 | £276k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £150k |
| THE CHAMPNISS CHARITABLE TRUST | 1 | £67k |
| THE MERCERS CHARITABLE FOUNDATION | 1 | £59k |
| THE CAMELLIA FOUNDATION | 1 | £24k |
| LORD LEVERHULME'S CHARITABLE TRUST | 1 | £20k |
Charities like this
- THE POLONSKY FOUNDATION
- The Hanoon Foundation
- THE HORIZON FOUNDATION
- ORIENT FOUNDATION FOR ARTS & CULTURE
- SWIMATHON FOUNDATION
- HUO FAMILY FOUNDATION (UK) LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HONOR FROST FOUNDATION | £1.0m | — | 0 | above | — | no doubt |
| THE POLONSKY FOUNDATION | £380k | — | 0 | unclear | — | no doubt |
| The Hanoon Foundation | £781k | Under £60,000 | 0 | unclear | — | no doubt |
| THE HORIZON FOUNDATION | £459k | — | — | above | — | no doubt |
| ORIENT FOUNDATION FOR ARTS & CULTURE | £240k | — | 0 | unclear | — | no doubt |
| SWIMATHON FOUNDATION | £771k | — | 0 | below | — | no doubt |