SWAROVSKI FOUNDATION
Latest income
£4.0m
Latest spending
£1.7m
Registered
2013
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that net assets increased to £1,079,547, supported by incoming resources of £3,838,816, largely from grants by Swarovski AG. The trustees have adopted a reserves policy targeting €500,000 to mitigate financial risk, noting that the charity is funded on an as-and-when basis by its main donor.
What the accounts disclose
Reserves policy: €500,000 corresponding to 6 months of operating costs and related services (held: £1.1m)
“we have calculated an appropriate reserve range for the Swarovski Foundation of €500,000 corresponding to 6 months of operating costs and related services.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donation from Swarovski AG
“During the year, Swarovski AG donated £3,074,928 (2022: £1,506,854) to the Foundation.” — page 27
“Additionally, D Swarovski KG donated services valued at £249,390 (2022: £82,376).” — page 27
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donated services from D Swarovski KG
“During the year, Swarovski AG donated £3,074,928 (2022: £1,506,854) to the Foundation.” — page 27
“Additionally, D Swarovski KG donated services valued at £249,390 (2022: £82,376).” — page 27
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donated services from Swarovski UK
“During the year, Swarovski AG donated £3,074,928 (2022: £1,506,854) to the Foundation.” — page 27
“Additionally, D Swarovski KG donated services valued at £249,390 (2022: £82,376).” — page 27
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donated services from Swarovski North America
“During the year, Swarovski AG donated £3,074,928 (2022: £1,506,854) to the Foundation.” — page 27
“Additionally, D Swarovski KG donated services valued at £249,390 (2022: £82,376).” — page 27
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Grant to Teach for Austria (Trustee Marisa Schiestl-Swarovski is trustee)
“During the year, Swarovski AG donated £3,074,928 (2022: £1,506,854) to the Foundation.” — page 27
“Additionally, D Swarovski KG donated services valued at £249,390 (2022: £82,376).” — page 27
Per its FY2023 accounts as filed with the Charity Commission.
Leadership, per the charity’s website
- Jakhya Rahman-Corey — Director
Structured financials (annual return, FY ending 31/12/2024)
Total income
£4.0m
Total spending
£1.7m
Reserves (reported)
£2.1m
Employees
0
Trustees
- Marisa Schiestl-Swarovskichair
- Dr Heinz Georg Albert Fassmann
- Fatima Lourdes Angeles
- Laura Amaya Ceron
- Markus Langes-Swarovski
- Maximilian Haim-Swarovski
- Ryan Marshall Gawn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.0m | £1.7m |
| 31/12/2023 | £3.8m | £3.2m |
| 31/12/2022 | £2.1m | £1.6m |
| 31/12/2021 | £1.8m | £1.6m |
| 31/12/2020 | £1.2m | £853k |
Common questions
Is SWAROVSKI FOUNDATION financially healthy?
The accounts state that net assets increased to £1,079,547, supported by incoming resources of £3,838,816, largely from grants by Swarovski AG. The trustees have adopted a reserves policy targeting €500,000 to mitigate financial risk, noting that the charity is funded on an as-and-when basis by its main donor. Its FY2023 accounts were audited by Saffery LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MASTER CHARITABLE TRUST | 1 | £955k |
| SUMNER WILSON CHARITABLE TRUST | 1 | £4k |
| THE BARRATT FAMILY CHARITABLE TRUST | 1 | £2k |
| THE TUFTON CHARITABLE TRUST | 1 | £1k |