UBS UK Donor-Advised Foundation
Financial health, per its FY2024 accounts
The accounts state that the charity holds £336.61m in total funds, all of which are restricted, with £270.34m in investments and £62.66m in cash. The trustees report that all running costs are met by UBS AG, and the charity has no formalised reserves policy because it holds no unrestricted funds. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Foundation currently has no formalised reserves policy. The Foundation has no future expenditure commitments and all running costs are met by the Member. The Foundation consists of irrevocable restricted funds so has no reserves which are freely available.” — page 10
“Gifts in kind in the form of donated services received from UBS AG London Branch (the "Member") or UBS Business Solutions AG are not recognised by the Foundation.” — page 10
“It also paid £1,305,000 in investment manager fees to its Member in 2024 (2023 - £1,014,000).” — page 29
“Gifts in kind in the form of donated services received from UBS AG London Branch (the "Member") or UBS Business Solutions AG are not recognised by the Foundation.” — page 10
“It also paid £1,305,000 in investment manager fees to its Member in 2024 (2023 - £1,014,000).” — page 29
“Gifts in kind in the form of donated services received from UBS AG London Branch (the "Member") or UBS Business Solutions AG are not recognised by the Foundation.” — page 10
“It also paid £1,305,000 in investment manager fees to its Member in 2024 (2023 - £1,014,000).” — page 29
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (19/12/2023)
- Received assets from another charity (26/10/2023)
Trustees
- ANDREW ELLIOT
- Alexandra Dorothy Deane
- Anthony Donatelli
- Debjani Raffan
- Dr Anna Magdalena Pauline Haslinger
- Ebru Ozsezgin
- James Mulford
- John Graham Allatt
- William Day
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £181.2m | £231.7m |
| 31/12/2023 | £234.9m | £146.8m |
| 31/12/2022 | £163.7m | £110.6m |
| 31/12/2021 | £41.0m | £38.3m |
| 31/12/2020 | £100.8m | £29.0m |
Common questions
Is UBS UK Donor-Advised Foundation financially healthy?
The accounts state that the charity holds £336.61m in total funds, all of which are restricted, with £270.34m in investments and £62.66m in cash. The trustees report that all running costs are met by UBS AG, and the charity has no formalised reserves policy because it holds no unrestricted funds. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Ernst & Young LLP.
Who funds UBS UK Donor-Advised Foundation?
Funders whose own accounts filings name UBS UK Donor-Advised Foundation as a grant recipient include National Philanthropic Trust UK Limited.
Known funders
| Funder | Year | Amount |
|---|---|---|
| National Philanthropic Trust UK Limited | FY2025 | £8.1m |
| National Philanthropic Trust UK Limited | FY2024 | £6.7m |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NPT Transatlantic Limited | 2 | £34.6m |
| AVRA FOUNDATION | 1 | £2.8m |
| THE O'SULLIVAN FAMILY CHARITABLE TRUST | 1 | £534k |
| This Day Foundation | 1 | £413k |
| THE EIGHTY EIGHT FOUNDATION | 1 | £140k |
| GRAFF FOUNDATION | 1 | £100k |
| Evergreen Care UK | 1 | £500 |