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.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased significantly from £18,130 to £321 due to charitable expenditure exceeding incoming resources. The trustees maintain a reserves policy target of minimum £5,000, which is currently not met. The charity relies on its ultimate controlling party, Yale University, for support and has confirmed no material uncertainties regarding its ability 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
“The charity is a related party to Yale University, USA: (a) which is the main beneficiary of the charity; (b) bears the costs of the charity's audit and non-audit accountancy services amounting to £1,800 (2024 - £3,750) and also makes contributions towards its administration costs £NIl (2024 - ££1,300) (c) whose, Board of trustees is its sole member.”
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "below" (FY2025).
Corporate structure
- Registered company of the charity Companies House 08187231
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 accounts state that unrestricted funds decreased significantly from £18,130 to £321 due to charitable expenditure exceeding incoming resources. The trustees maintain a reserves policy target of minimum £5,000, which is currently not met. The charity relies on its ultimate controlling party, Yale University, for support and has confirmed no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NNS FOUNDATION | 2 | £27.5m |
| Founders Pledge Ltd | 1 | £3.4m |
| THE BROOMTON FOUNDATION | 1 | £500k |
| THE JMCMRJ SORRELL FOUNDATION | 1 | £100k |
Charities like this
- COLUMBIA UK FUND LIMITED
- STANFORD FOUNDATION (UK) LIMITED
- CCCU UK
- UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED
- THE UNIVERSITY OF CHICAGO FOUNDATION LIMITED
- UNIVERSITY OF PENNSYLVANIA (USA) FOUNDATION LIMITED
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 | — | 0 | below | — | no doubt |
| COLUMBIA UK FUND LIMITED | £4.2m | — | 0 | unclear | — | no doubt |
| STANFORD FOUNDATION (UK) LIMITED | £1.0m | — | 0 | above | — | no doubt |
| CCCU UK | £1.7m | £120,001 - £130,000 | 1 | within | — | no doubt |
| UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED | £118k | — | 0 | unclear | — | no doubt |
| THE UNIVERSITY OF CHICAGO FOUNDATION LIMITED | £6.1m | — | 0 | unclear | — | noted |