CORNELL UNIVERSITY FOUNDATION (UK) LIMITED
The advancement of learning and education in particular at Cornell University; and such other exclusively charitable purposes as the Trustees may in their absolute discretion determine.
Objects
THE OBJECTS OF THE CHARITY ARE: (A) THE ADVANCEMENT OF LEARNING AND EDUCATION IN PARTICULAR AT CORNELL UNIVERSITY; AND (B) SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION DETERMINE.
Financial health, per its FY2025 accounts
The charity reported a net expenditure of £17,809 for the year, resulting in unrestricted funds dropping to £321. This figure is significantly below the trustees' stated policy target of maintaining minimum reserves of £5,000. Despite this reduction, the trustees consider the budgeted income and expenditure sufficient to continue as a going concern.
What the accounts disclose
“The unrestricted funds at the balance sheet date amounted to £321 (2024 - £18,130).” — page 3
“bears the costs of the charity's audit and non-audit accountancy services amounting to £1,800 (2024 - £3,750)” — page 4
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "below" (FY2025).
Policies the charity declares
- 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
- 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 30/06/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2023
- Grant-making is its main activity
Corporate structure
- Registered company of the charity Companies House 08187231 · Financial health read from its filings
Company officers (Companies House)
- LAU, Eliza on trustee list
- CARY, Tracy on trustee list
- ELY, Richard Albert on trustee list
- FLOOD, Eileen
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Eliza Lau
- RICHARD ALBERT ELY
- Tracy Cary
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £2.7m | £2.7m |
| 30/06/2024 | £311k | £309k |
| 30/06/2023 | £98k | £97k |
| 30/06/2022 | £862k | £864k |
| 30/06/2021 | £362k | £365k |
Common questions
Is CORNELL UNIVERSITY FOUNDATION (UK) LIMITED financially healthy?
Per its FY2025 accounts: The charity reported a net expenditure of £17,809 for the year, resulting in unrestricted funds dropping to £321. This figure is significantly below the trustees' stated policy target of maintaining minimum reserves of £5,000. Despite this reduction, the trustees consider the budgeted income and expenditure sufficient to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds CORNELL UNIVERSITY FOUNDATION (UK) LIMITED?
Funders whose own accounts filings name CORNELL UNIVERSITY FOUNDATION (UK) LIMITED as a grant recipient include UBS UK Donor-Advised Foundation.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| UBS UK Donor-Advised Foundation | FY2020 | £40k | Charitable activities |
Charities like this
- NORTHWESTERN UNIVERSITY (USA) FOUNDATION LIMITED
- WELLESLEY COLLEGE FOUNDATION (UK) LIMITED
- UK FRIENDS OF YALE UNIVERSITY LIMITED
- STANFORD FOUNDATION (UK) LIMITED
- THE CARNELIAN TRUST
- THE UNIVERSITY OF QUEENSLAND UK TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CORNELL UNIVERSITY FOUNDATION (UK) LIMITED | £2.7m | — | — | below | — | no doubt |
| NORTHWESTERN UNIVERSITY (USA) FOUNDATION LIMITED | £399k | — | 0 | within | — | no doubt |
| WELLESLEY COLLEGE FOUNDATION (UK) LIMITED | £140k | — | — | above | — | no doubt |
| UK FRIENDS OF YALE UNIVERSITY LIMITED | £388k | — | — | unclear | — | no doubt |
| STANFORD FOUNDATION (UK) LIMITED | £1.0m | — | 0 | above | — | no doubt |
| THE CARNELIAN TRUST | £84k | — | — | unclear | — | no doubt |