DENISE COATES FOUNDATION
The Foundation's purpose is to distribute funds in support of local, national and international charitable activities, exclusively charitable according to the laws of England and Wales.
Objects
TO PROMOTE SUCH CHARITABLE PURPOSES ANYWHERE IN THE WORLD FOR THE PUBLIC BENEFIT AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION DETERMINE, IN PARTICULAR BUT NOT EXCLUSIVELY THROUGH THE PROVISION OR ASSISTANCE IN THE PROVISION OF FACILITIES FOR THE PROMOTION OF COMMUNITY PARTICIPATION IN HEALTHY RECREATION.
Financial health, per its FY2025 accounts
The accounts state that the Foundation holds total funds of £1,094.5m, comprising £1,077.7m in expendable endowment funds and £16.8m in unrestricted funds. The Trustees report that resources are adequate to meet liabilities for at least 12 months, and the going concern basis of accounting is appropriate. The charity generated significant incoming resources of £144.0m, primarily from donations and investment returns, while committing £16.7m to charitable activities.
What the accounts disclose
“The policy of the Trustees is to hold a level of Free Reserves that allows them to set appropriate budgets for the following financial period for grant making of £16.5m (2024: £16.3m) and governance costs.”
“The Foundation received donations of £35.0m from bet365 Group Limited (2024: £35.0m) and £95.0m from Hillside (Media Services) Limited (2024: £85.0m) during the period.” — page 34
“The Foundation received donations of £35.0m from bet365 Group Limited (2024: £35.0m) and £95.0m from Hillside (Media Services) Limited (2024: £85.0m) during the period.” — page 34
“The Foundation received donations of £35.0m from bet365 Group Limited (2024: £35.0m) and £95.0m from Hillside (Media Services) Limited (2024: £85.0m) during the period.” — page 34
“The Foundation received donations of £35.0m from bet365 Group Limited (2024: £35.0m) and £95.0m from Hillside (Media Services) Limited (2024: £85.0m) during the period.” — page 34
“The Foundation received donations of £35.0m from bet365 Group Limited (2024: £35.0m) and £95.0m from Hillside (Media Services) Limited (2024: £85.0m) during the period.” — page 34
“The Foundation received donations of £35.0m from bet365 Group Limited (2024: £35.0m) and £95.0m from Hillside (Media Services) Limited (2024: £85.0m) during the period.” — page 34
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
- Investment
- Risk management
- Safeguarding policy and procedures
- 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 26/03/2025
- Trustee benefits, answered Yes to: any trustee benefit
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 26/03/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 26/03/2023
- Grant-making is its main activity
In the news
- Denise Coates Foundation supports local students
- Bet365 CEO Denise Coates Foundation reduces charitable giving from £9m to £6m
- Denise Coates Foundation donates £10m to NHS charity
- Denise Coates Foundation donates £10 million to support Royal Stoke & County Hospital staff and patients
- Readers praise Denise Coates Foundation after £10 million donation to hospital
Corporate structure
- Registered company of the charity Companies House 08191619
Company officers (Companies House)
- ADAMS, Oliver Richard on trustee list
- GALLETLEY, Simon Hugh on trustee list
- WHITE, James Edward on trustee list
- COATES, Peter on trustee list
- COATES, Denise on trustee list
- COATES, John Fitzgerald on trustee list
Structured financials (annual return, FY ending 26/03/2025)
Trustees
- JOHN FITZGERALD COATESchair
- DENISE COATES
- JAMES EDWARD WHITE
- Oliver Adams
- PETER COATES
- SIMON HUGH GALLETLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 26/03/2025 | £144.0m | £19.0m |
| 26/03/2024 | £133.3m | £13.0m |
| 26/03/2023 | £18.9m | £12.4m |
| 27/03/2022 | £19.8m | £20.3m |
| 28/03/2021 | £19.3m | £7.3m |
Common questions
Is DENISE COATES FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the Foundation holds total funds of £1,094.5m, comprising £1,077.7m in expendable endowment funds and £16.8m in unrestricted funds. The Trustees report that resources are adequate to meet liabilities for at least 12 months, and the going concern basis of accounting is appropriate. The charity generated significant incoming resources of £144.0m, primarily from donations and investment returns, while committing £16.7m to charitable activities. Its FY2025 accounts were audited by RSM UK Audit LLP.
Who funds DENISE COATES FOUNDATION?
Funders whose own accounts filings name DENISE COATES FOUNDATION as a grant recipient include CATHOLIC AGENCY FOR OVERSEAS DEVELOPMENT.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CATHOLIC AGENCY FOR OVERSEAS DEVELOPMENT | FY2021 | £337k | Institutional and other grants |
Charities like this
- THE DEBRA REISS FOUNDATION
- PROWTING CHARITABLE FOUNDATION
- THE JOHN COATES CHARITABLE TRUST
- THE OAKGROVE FOUNDATION
- SHEILA COATES FOUNDATION
- MARGARET DAVIES CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DENISE COATES FOUNDATION | £144.0m | — | 0 | unclear | — | no doubt |
| THE DEBRA REISS FOUNDATION | £413k | — | 0 | above | — | no doubt |
| PROWTING CHARITABLE FOUNDATION | £140k | — | 0 | unclear | — | no doubt |
| THE JOHN COATES CHARITABLE TRUST | £299k | — | 0 | unclear | — | no doubt |
| THE OAKGROVE FOUNDATION | £301k | — | 0 | unclear | — | no doubt |
| SHEILA COATES FOUNDATION | £1.7m | — | 0 | unclear | — | no doubt |