The Faraday Institute for Science and Religion
The Charity's objects are to advance education in the field of science and religion by carrying out research in all aspects of that subject, publishing the useful results in academic journals and books and improving the public understanding of issues in the field of science and religion by disseminating research results.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £147,519 for the year ended 31 March 2025, resulting in a decrease in free reserves to £1,244,715. The trustees consider the going concern basis appropriate, citing sufficient reserves and expected investment income to meet obligations for the next 12 to 18 months. Total funds held at year-end were £3,412,633, including £1,248,246 in investments.
What the accounts disclose
“It is the intention of the Trustees to maintain a reserve, firstly to provide income to support the purposes of The Faraday Institute and secondly, as a fund from which capital can be withdrawn to cover budgeted expenditure not covered by current income. Net current assets at 31 March 2025 were £575,416, which the Trustees do not consider to be excessive given the unpredictability of timing of future programme and research grant funding.” — page 7
“During the year one trustee received consultancy fees of £250.” — page 22
“Last year a trustee loaned the Institute £400,000. Interest of £11,792 has been charged on the loan during the year.” — page 22
“Donations and grants of £145,000 were received from trustees and related parties in the year.” — page 22
“Last year a trustee loaned the Institute £400,000. Interest of £11,792 has been charged on the loan during the year.” — page 22
“Donations and grants of £145,000 were received from trustees and related parties in the year.” — page 22
“Last year a trustee loaned the Institute £400,000. Interest of £11,792 has been charged on the loan during the year.” — page 22
“Donations and grants of £145,000 were received from trustees and related parties in the year.” — page 22
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- PROF ROBERT STEPHEN WHITE FRSchair
- CHRISTOPHER TOWNSEND
- Dr Diane Lorraine Lister
- Dr Harvey Thomas McMahon FRS
- Dr Jimmy Suen Yan Chan
- Dr Martin Thomas Barlow FRS
- Dr Norman MacAskill Fraser
- Dr Sharon Ann Scovil Neufeld
- GRAHAM STEPHEN BUDD
- POLLY STANTON
- PROFESSOR JOHN STANLEY HILL GASTON
- Professor Russell Paul Cowburn
- REVD DR RODNEY DENNIS HOLDER FRAS, FIMA
- Rev David Fergusson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £547k | £776k |
| 31/03/2024 | £994k | £865k |
| 31/03/2023 | £757k | £810k |
| 31/03/2022 | £752k | £846k |
| 31/03/2021 | £496k | £842k |
Common questions
Is The Faraday Institute for Science and Religion financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £147,519 for the year ended 31 March 2025, resulting in a decrease in free reserves to £1,244,715. The trustees consider the going concern basis appropriate, citing sufficient reserves and expected investment income to meet obligations for the next 12 to 18 months. Total funds held at year-end were £3,412,633, including £1,248,246 in investments. Its FY2025 accounts were audited by Chater Allan LLP.
Who funds The Faraday Institute for Science and Religion?
Funders whose own accounts filings name The Faraday Institute for Science and Religion as a grant recipient include HINCHLEY CHARITABLE TRUST, HOCKERILL EDUCATIONAL FOUNDATION, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, CAMBRIDGE.
Shared trustees with funders
- GRAHAM STEPHEN BUDD — trustee here and at THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, CAMBRIDGE
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| HINCHLEY CHARITABLE TRUST | FY2025 | £11k | Equipping Christian Leaders |
| HINCHLEY CHARITABLE TRUST | FY2024 | £11k | Grants - Public Sphere |
| HINCHLEY CHARITABLE TRUST | FY2023 | £11k | Grants - Public Sphere |
| HOCKERILL EDUCATIONAL FOUNDATION | FY2025 | £10k | Requesting funding to extend the reach of the Fi Youth and Schools programme |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, CAMBRIDGE | FY2025 | £1k | Mission Giving |