CORNELL UNIVERSITY FOUNDATION (UK) LIMITED
Financial health, per its FY2024 accounts
The accounts state that total incoming resources increased to £310,666 from £98,368 in the prior year, resulting in a net surplus of £1,519. Reserves at the end of the year were £13,751, which the trustees note is above the policy target of retaining up to £5,000 for day-to-day expenses. The trustees confirm that the charity has sufficient funds to continue as a going concern with no material uncertainties.
What the accounts disclose
“as a policy, funds are not retained in general or restricted reserves, save to meet day to day expenses of up to £5,000.”
“D Collier, trustee, made a donation of £1,168.” — page 4
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?
The accounts state that total incoming resources increased to £310,666 from £98,368 in the prior year, resulting in a net surplus of £1,519. Reserves at the end of the year were £13,751, which the trustees note is above the policy target of retaining up to £5,000 for day-to-day expenses. The trustees confirm that the charity has sufficient funds to continue as a going concern with no material uncertainties. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NNS FOUNDATION | 1 | £21.2m |
| Founders Pledge Ltd | 1 | £3.4m |
| THE JMCMRJ SORRELL FOUNDATION | 1 | £100k |
| MAYFAIR CHARITIES LIMITED | 1 | £21k |