THE SCHWARZSCHILD FOUNDATION
Latest income
£21k
Latest spending
£205k
Registered
2014
Charity Commission inquiry
The Commission issued an Official Warning due to breaches of trust and duty, including a lack of due diligence policies, failure to manage conflicts of interest, and inadequate decision-making evidence. The Charity is required to appoint additional trustees, implement robust policies, and ensure proper documentation of all decisions and payments.
“the Charity did not have the policies and procedures in place to ensure appropriate due diligence, verification or monitoring of the use of charitable funds”
“a failure to manage conflicts of interest and related-party transactions appropriately”
Per the Commission’s published report. Summary is automated; the official report is authoritative.
The Charity Commission opened a statutory inquiry on 23 June 2023 to investigate potential misconduct or mismanagement regarding the use of charitable funds and the trustees' compliance with legal duties. The provided text is a press release announcing the opening of the inquiry and does not contain the final report, findings, or outcome.
Per the Commission’s published report. Summary is automated; the official report is authoritative.
Structured financials (annual return, FY ending 31/12/2022)
Total income
£5.2m
Total spending
£971k
Reserves (reported)
£4.1m
Employees
0
Trustees
- Kay Linnell
- VOLKER GUSTAV HEINZ
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £21k | £205k |
| 31/12/2023 | £111k | £101k |
| 31/12/2022 | £5.2m | £971k |
| 31/12/2021 | £820 | £816 |
| 31/12/2020 | £445 | £405 |