UBS UK Donor-Advised Foundation

Registered charity 1153551 · accounts filings on the Charity Commission register · also known as UBS UK DONOR ADVISED FOUNDATION

MAKING GRANTS TO UK CHARITIES

Causes: General Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Latest income

£181.2m

Latest spending

£231.7m

Registered

2013

Accounts read

FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy

“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

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: UBS AG London Branch provided donated services/resources not quantified with reasonable accuracy.

“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

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Investment management fees paid to UBS AG London Branch.

“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

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Grants made to UBS Optimus Foundation UK.

“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

Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Ernst & Young LLP. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income

£181.2m

Total spending

£231.7m

Cost of raising funds

£1.3m

Reserves (reported)

£0

Employees

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 2.7 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (94% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.7% of total income — below the median for charities its size (2.9%) (benchmarks).

Register events

Received assets from another charity (19/12/2023) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Received assets from another charity (26/10/2023) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

ANDREW ELLIOT · trustee of 1 other charity
Alexandra Dorothy Deane
Anthony Donatelli
Debjani Raffan
Dr Anna Magdalena Pauline Haslinger
Ebru Ozsezgin
James Mulford · trustee of 1 other charity
John Graham Allatt
William Day

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

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?

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. 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

Grants to this charity found in funders’ own accounts filings.

Funder	Year	Amount	Purpose (as stated by the funder)
National Philanthropic Trust UK Limited	FY2025	£8.1m
National Philanthropic Trust UK Limited	FY2024	£6.7m

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
NPT Transatlantic Limited	2	£34.6m
AVRA FOUNDATION	1	£4.1m
THE EIGHTY EIGHT FOUNDATION	1	£1.1m
THE O'SULLIVAN FAMILY CHARITABLE TRUST	1	£534k
This Day Foundation	1	£413k
GRAFF FOUNDATION	1	£140k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with UBS OPTIMUS FOUNDATION UK.

UBS OPTIMUS FOUNDATION UK income £157.0m
BRITISH FOUNDATION FOR THE UNIVERSITY OF THE WEST INDIES income £252k
SANTANDER UK FOUNDATION LIMITED income £825k
National Philanthropic Trust UK Limited income £225.4m
ASUM UK income £160k
SWIRE 2765 income £2.2m

Side by side with its peers

Charity	Income	Top pay band	Reserves vs policy	Fundraising cost	Going concern
UBS UK Donor-Advised Foundation	£181.2m	—	below	—	no doubt
UBS OPTIMUS FOUNDATION UK FY2024	£157.0m	—	unclear	—	no doubt
BRITISH FOUNDATION FOR THE UNIVERSITY OF THE WEST INDIES FY2024	£252k	—	unclear	—	no doubt
SANTANDER UK FOUNDATION LIMITED FY2025	£825k	—	unclear	0.0%	no doubt
National Philanthropic Trust UK Limited FY2025	£225.4m	—	unclear	—	no doubt
ASUM UK FY2024	£160k	—	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.