THE ALLEN OVERY SHEARMAN STERLING FOUNDATION
The Foundation was established to provide donations for the benefit of any one or more qualified charities.
Objects
4.1 THE CHARITY IS ESTABLISHED FOR EXCLUSIVELY CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT, IN ENGLAND AND WALES AND WORLDWIDE, INCLUDING IN PARTICULAR (BUT NOT LIMITED TO):4.1.1 THE RELIEF OF THOSE IN NEED WHETHER BECAUSE OF POVERTY, YOUTH, ILL HEALTH, DISABILITY OR OTHER DISADVANTAGE; 4.1.2 THE RELIEF OF SUFFERING AMONGST THOSE LEAST ABLE TO WITHSTAND THE EFFECTS OF A MAJOR NATIONAL OR INTERNATIONAL DISASTER, WHICH SHALL INCLUDE SUFFERING CAUSED AS A RESULT OF CONFLICT;4.1.3 THE ADVANCEMENT OF EDUCATION; 4.1.4 THE PROMOTION OF THE SOUND DEVELOPMENT AND ADMINISTRATION OF THE LAW; AND4.1.5 SUCH OTHER CHARITABLE PURPOSES WHICH ARE BENEFICIAL TO THE PUBLIC AND WHICH ARE CONSISTENT WITH THE OBJECTS STATED ABOVE AS THE TRUSTEE DIRECTORS SHALL IN THEIR ABSOLUTE DISCRETION DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £1,947,688, which exceeds the total grant commitments of £1,623,556. The trustees maintain that the Foundation has adequate financial resources to meet operational needs for at least 12 months, with no material uncertainties identified regarding its ability to continue as a going concern.
What the accounts disclose
“The policy of the trustees is to maintain funds that are available for committed and emergency grants.” — page 7
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/04/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/04/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/04/2023
- Grant-making is its main activity
Corporate structure
- Registered company of the charity Companies House 08636434
Company officers (Companies House)
- MARQUETTY, Hippolyte on trustee list
- DANFORTH, Emma on trustee list
- HINDOCHA, Rishi on trustee list
- SKIFFINGTON, Sean James on trustee list
- LONGLEY, Frances Ruth on trustee list
- VAN DER BAAN, Hilde not on trustee list
- JOHNSTON, Mary Elaine on trustee list
- PAGE, Joanna Margaret on trustee list
- HANNIGAN, Brendan on trustee list
- CLIST, Angela Helen on trustee list
Structured financials (annual return, FY ending 30/04/2025)
Trustees
- Hilde van der Baanchair
- Angela Helen Clist
- Brendan Hannigan
- Emma Danforth
- Frances Ruth Longley
- Hippolyte Marquetty
- Joanna Margaret Page
- MARK JEREMY MANSELL
- Mary Elaine Johnston
- Rishi Hindocha
- Sean James Skiffington
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £2.2m | £2.1m |
| 30/04/2024 | £2.0m | £1.2m |
| 30/04/2023 | £2.3m | £1.9m |
| 30/04/2022 | £1.5m | £1.8m |
| 30/04/2021 | £1.6m | £1.5m |
Common questions
Is THE ALLEN OVERY SHEARMAN STERLING FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £1,947,688, which exceeds the total grant commitments of £1,623,556. The trustees maintain that the Foundation has adequate financial resources to meet operational needs for at least 12 months, with no material uncertainties identified regarding its ability to continue as a going concern. Its FY2025 accounts were audited by PricewaterhouseCoopers LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BELRON RONNIE LUBNER CHARITABLE FOUNDATION | 1 | £373k |
Charities like this
- THE ED SHEERAN FOUNDATION
- THE OAKLEY CHARITABLE TRUST
- THE NEIL AND ALISON OSTRER FOUNDATION
- THE ALTENBURG FOUNDATION
- THE MILES MORLAND FOUNDATION
- THE HENRY STARNES CHARITABLE SETTLEMENT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | £2.2m | — | 0 | unclear | — | no doubt |
| THE ED SHEERAN FOUNDATION | £3.8m | £220,001 - £230,000 | — | above | — | no doubt |
| THE OAKLEY CHARITABLE TRUST | £79k | — | 0 | unclear | — | no doubt |
| THE NEIL AND ALISON OSTRER FOUNDATION | £554k | — | 0 | above | — | no doubt |
| THE ALTENBURG FOUNDATION | £253k | — | 0 | above | — | no doubt |
| THE MILES MORLAND FOUNDATION | £235k | — | — | within | — | no doubt |