THE EIGHTY EIGHT FOUNDATION
The objects of the charity are such exclusively charitable purposes as the Trustees may in their absolute discretion determine. The Charity is established for general charitable purposes and will operate as a grant making charity, supporting charitable projects, organisations and individuals with grants of varying sizes and durations.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £21,920,270, with no specific reserves policy currently adopted but a commitment to keep this under review. The charity reported a net income increase to £2,453,854, driven by significant donations and investment gains, while maintaining a going concern status with no material uncertainties identified by the auditors.
What the accounts disclose
“During the year ended 31 March 2025 one Trustee donated funds totalling £5,232,000 to the charity (2024: £1,317,750) on which Gift Aid relief of £1,308,000 has been claimed (2024: £329,438). No Trustees received any remuneration during the year to 31 March 2025.” — page 20
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ANN FITZMAURICE
- Barry Ivor Fine
- Claude Sebastian Slatner
- EDWARD MARTIN FITZMAURICE
- Martin Bennett
- Neelesh Christopher Heredia
- STUART JOHN WALKER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £7.0m | £4.7m |
| 31/03/2024 | £2.0m | £3.1m |
| 31/03/2023 | £2.2m | £3.2m |
| 31/03/2022 | £1.9m | £2.0m |
| 31/03/2021 | £3.7m | £1.8m |
Common questions
Is THE EIGHTY EIGHT FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £21,920,270, with no specific reserves policy currently adopted but a commitment to keep this under review. The charity reported a net income increase to £2,453,854, driven by significant donations and investment gains, while maintaining a going concern status with no material uncertainties identified by the auditors. Its FY2025 accounts were audited by Rawlinson & Hunter Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JEREMY COLLER FOUNDATION | 1 | £230k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £25k |
| THE COLYER-FERGUSSON CHARITABLE TRUST | 1 | £15k |
| THE SIR BERNARD & LADY SCHREIER FOUNDATION | 1 | £6k |
| THE DULVERTON TRUST | 1 | £5k |
| WHITEHEAD MONCKTON CHARITABLE FOUNDATION | 1 | £3k |
Charities like this
- THE EIGHT FOUNDATION
- NNS FOUNDATION
- THE CHELLARAM FOUNDATION
- THE MCLAIN FOUNDATION LIMITED
- Coller Family Foundation
- THE OCTOPUS FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE EIGHTY EIGHT FOUNDATION | £7.0m | — | 0 | unclear | — | no doubt |
| THE EIGHT FOUNDATION | £143k | — | 0 | unclear | — | no doubt |
| NNS FOUNDATION | £10.0m | — | 0 | unclear | — | no doubt |
| THE CHELLARAM FOUNDATION | £5.6m | — | 0 | unclear | — | no doubt |
| THE MCLAIN FOUNDATION LIMITED | £2.8m | — | 0 | unclear | — | no doubt |
| Coller Family Foundation | £230k | — | 0 | below | — | no doubt |