THE ALLEN OVERY SHEARMAN STERLING FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £1,803,843, while total grant commitments payable in future years stood at £1,883,814. The trustees maintain a policy to keep funds available for committed and emergency grants, noting that the unrestricted reserves will enable funds to be available for general purposes and emergency grants.
What the accounts disclose
“The policy of the trustees is to maintain funds that are available for committed and emergency grants. The unrestricted reserves will be used to enable funds to be available for the Foundation’s general purposes, emergency grants and other causes. The total balance of grant commitments at 30 April 2024 was £1,883,814” — page 8
Corporate structure
- Registered company of the charity Companies House 08636434
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?
The accounts state that unrestricted reserves increased to £1,803,843, while total grant commitments payable in future years stood at £1,883,814. The trustees maintain a policy to keep funds available for committed and emergency grants, noting that the unrestricted reserves will enable funds to be available for general purposes and emergency grants. Its FY2024 accounts were audited by PricewaterhouseCoopers LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |
| THE SIR BERNARD & LADY SCHREIER FOUNDATION | 1 | £4k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £0 |