COLUMBIA THREADNEEDLE FOUNDATION
Financial health, per its FY2022 accounts
The accounts state that unrestricted reserves stood at £30,511, an increase from £5,009 in the prior year, following a net income of £25,502. The charity relies on donations from its parent group to fund charitable activities, with the Member meeting all other costs. The trustees consider the going concern basis appropriate, noting the charity's dependence on continued donations and the Member's support.
What the accounts disclose
“The Foundation is not required to maintain any level of reserves, the Trustees aim to maintain a minimum level of unrestricted reserves as the Foundation's focus is to distribute the majority of donations received within the same financial year, provided Threadneedle Asset Management Holdings Limited (the "Member") continues to meet the other costs.” — page 9
“The Foundation is dependent upon donations in order to have sufficient funds to meet its charitable objectives. Without these donations the Foundation will continue as a going concern provided the Member continues to meet its other costs.” — page 9
Corporate structure
- Registered company of the charity Companies House 08825712
Trustees
- Laura Cookchair
- Andreea-Mihaela Georgescu
- Dr Simon Schofield
- James William Perrin
- Marcus James Beard
- Marissa Teniola Ekundare
- Selma Hassabu
- Sophie Jane Fiori
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £348k | £268k |
| 31/12/2023 | £455k | £479k |
| 31/12/2022 | £395k | £370k |
| 31/12/2021 | £371k | £378k |
| 31/12/2020 | £291k | £318k |
Common questions
Is COLUMBIA THREADNEEDLE FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £30,511, an increase from £5,009 in the prior year, following a net income of £25,502. The charity relies on donations from its parent group to fund charitable activities, with the Member meeting all other costs. The trustees consider the going concern basis appropriate, noting the charity's dependence on continued donations and the Member's support. Its FY2022 accounts were audited by PricewaterhouseCoopers LLP.
Who funds COLUMBIA THREADNEEDLE FOUNDATION?
Funders whose own accounts filings name COLUMBIA THREADNEEDLE FOUNDATION as a grant recipient include CENTRE FOR AGEING BETTER LIMITED.
Known funders
| Funder | Year | Amount |
|---|---|---|
| CENTRE FOR AGEING BETTER LIMITED | FY2024 | £60k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BELRON RONNIE LUBNER CHARITABLE FOUNDATION | 1 | £175k |