THE OLD DART FOUNDATION
Financial health, per its FY2021 accounts
The accounts state that the charity held unrestricted reserves of £66,535,295 at the year-end, with no specific reserves policy target currently stated. The trustees consider these freely expendable funds to be appropriate and adequate for future grant-making plans, noting that a specific policy may be required in future years.
What the accounts disclose
“One employee received total employee benefits of between £70,000 and £80,000” — page 31
“One employee received total employee benefits of between £70,000 and £80,000 (2020 – one between £60,000 and £70,000). 2 of the 5 employees are based overseas and are not included within the UK payroll costs outlined above. Rather the costs of these 2 employees are included within grant consultancy and other support costs above and total £85,208.” — page 31
“The Foundation owns 100% of the equity shareholding in two property investment companies, Fraserview Investment Limited (“FIL”), company number 09837614 and Fraserview Investment (Camley Street) Limited (“FICSL”), company number 09837747, both registered in England and Wales.” — page 26
Leadership, per the charity’s website
- Francesca Mott — CEO
- Charles Lutyens — Chairman
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- CHARLES PATRICK LUTYENSchair
- ARCHIBALD GEOFFREY LOUDON
- Dr KATHERINE MARY O'REILLY
- Dr Marie Elizabeth Rabbett
- Luis Baertl
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.7m | £15.2m |
| 31/12/2023 | £3.4m | £15.3m |
| 31/12/2022 | £3.3m | £7.9m |
| 31/12/2021 | £3.5m | £11.6m |
| 31/12/2020 | £2.9m | £8.3m |
Common questions
Is THE OLD DART FOUNDATION financially healthy?
The accounts state that the charity held unrestricted reserves of £66,535,295 at the year-end, with no specific reserves policy target currently stated. The trustees consider these freely expendable funds to be appropriate and adequate for future grant-making plans, noting that a specific policy may be required in future years. Its FY2021 accounts were audited by Rawlinson & Hunter Audit LLP.
What does the highest-paid employee of THE OLD DART FOUNDATION earn?
Per its FY2021 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.