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).
Objects
THE OBJECTS OF THE CHARITY ARE THE ADVANCEMENT OF RESEARCH AND ITS PUBLICATION IN THE AREA OF MARINE ARCHAEOLOGY WITH PARTICULAR BUT NOT EXCLUSIVE REFERENCE TO THE MARINE ARCHAEOLOGY OF THE LEBANESE, WESTERN SYRIAN AND CYPRIOT COAST AND ARCHAEOLOGICALLY ASSOCIATED MARITIME WRECKS FOUND ELSEWHERE IN MEDITERRANEAN WATERS, BY ANY MEANS WHICH SHALL BE RECOGNISED AS CHARITABLE AND IN PARTICULAR WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING BY:1) THE PROVISION OF GRANTS OR OTHER FINANCIAL ASSISTANCE TO INDIVIDUALS WORKING IN RESEARCH ESTABLISHMENTS TO FURTHER THEIR STUDY OF MARINE ARCHAEOLOGY2) THE PUBLICATION AND DISSEMINATION OF ANY MARINE ARCHAEOLOGY PAPERS OWNED BY THE CHARITY OR WHICH MAY BE PRODUCED AS A RESULT OF RESEARCH FUNDED BY THE CHARITY 3) THE MAKING OF GRANTS TO MUSEUMS AND GALLERIES AND OTHER NATIONAL OR LOCAL INSTITUTIONS (PARTICULARLY BUT NOT NECESSARILY EXCLUSIVELY THE BRITISH MUSEUM) TO ASSIST THEM IN DISPLAYING TO THE PUBLIC WORKS RELEVANT TO THE STUDY OF MARINE ARCHAEOLOGY AND TO ASSIST IN THE HOLDING OF RELEVANT LECTURES AND SEMINARS4) TO SUPPORT BY WHATEVER MEANS ARE APPROPRIATE EXCAVATIONS OF ARCHAEOLOGICAL SITES, PORTS, HARBOURS, OFFSHORE ANCHORAGES AND ANCIENT ANCHORS FOUND UNDERSEA OR EXCAVATED AS EX VOTOS IN TEMPLES AND SHRINES WHICH ARE RELEVANT TO LEVANTINE ARCHAEOLOGY AND THE HISTORY OF FISHING5) TO SUPPORT BY WHATEVER MEANS ARE APPROPRIATE CONSERVATION WORK RELEVANT TO THE MARINE ARCHAEOLOGY OF LEBANON, WESTERN SYRIA AND CYPRUS6) TO PROVIDE GRANTS TOWARDS EXCHANGE VISITS OF MUSEUM STAFF FROM THE LEBANON, SYRIA AND CYPRUS7) TO PROVIDE GRANTS TOWARDS THE TRAINING OF INDIVIDUALS OF LEBANESE, SYRIAN AND CYPRIOT ORIGIN IN THE SKILLS NECESSARY TO CARRY OUT RESTORATION AND CONSERVATION WORK RELEVANT TO MARINE ARCHAEOLOGY IN THEIR COUNTRY OF ORIGIN
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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- 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
- Paying staff
- Risk management
- Serious incident reporting policy and procedures
- Social media 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 30/09/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/09/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/09/2023
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 30/09/2023 (received 09/08/2024, 10 days after the 30/07/2024 due date).
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 TRIPP
- 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 ADRIAN SWIRE CHARITABLE TRUST | 1 | £20k |
| THE SCORPION CHARITABLE TRUST | 1 | £5k |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £4k |
Charities like this
- MARITIME ARCHAEOLOGY TRUST
- HERITAGE MARINE FOUNDATION
- MARITIME ARCHAEOLOGY SEA TRUST
- NORMAN FOSTER FOUNDATION (UK)
- BRIGHTON SEAFRONT HERITAGE TRUST
- NAUTICAL MUSEUMS TRUST 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 |
| MARITIME ARCHAEOLOGY TRUST | £541k | — | — | unclear | — | no doubt |
| HERITAGE MARINE FOUNDATION | £47k | — | 0 | below | — | no doubt |
| MARITIME ARCHAEOLOGY SEA TRUST | £1.3m | — | 0 | unclear | — | no doubt |
| NORMAN FOSTER FOUNDATION (UK) | £62k | — | 0 | unclear | — | no doubt |
| BRIGHTON SEAFRONT HERITAGE TRUST | £67k | — | 0 | unclear | — | no doubt |