COLUMBIA THREADNEEDLE FOUNDATION
The Foundation's strategic aim is to invest in the community by building partnerships with charities across a range of sectors, with a particular focus on charities that use education, art and sport to engender lasting social change.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £86,511, with the Trustees aiming to distribute the majority of donations within the financial year. The Foundation relies on donations from its parent group to meet charitable objectives, while the Member covers other operational costs. The auditors confirmed no material uncertainties regarding the entity's ability to continue as a going concern.
What the accounts disclose
“Donations from group undertakings 335,434”
“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” — 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
Company officers (Companies House)
- EKUNDARE, Marissa Teniola on trustee list
- SCHOFIELD, Simon, Dr on trustee list
- FIORI, Sophie Jane on trustee list
- GEORGESCU, Andreea-Mihaela on trustee list
- HASSABU, Selma on trustee list
- PERRIN, James William on trustee list
- BEARD, Marcus James on trustee list
- COOK, Laura Annabel on trustee list
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?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £86,511, with the Trustees aiming to distribute the majority of donations within the financial year. The Foundation relies on donations from its parent group to meet charitable objectives, while the Member covers other operational costs. The auditors confirmed no material uncertainties regarding the entity's ability to continue as a going concern. Its FY2024 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 | Purpose (as stated by the funder) |
|---|---|---|---|
| CENTRE FOR AGEING BETTER LIMITED | FY2024 | £60k | Project supporting disabled persons, aged 50 and over, accessing work |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BERKELEY CHARITABLE FOUNDATION | 1 | £1.7m |
| SOCIAL BUSINESS TRUST | 1 | £844k |
| THE PERMIRA FOUNDATION | 1 | £203k |
| THE WESTMINSTER FOUNDATION | 1 | £183k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £134k |
| FONTHILL FOUNDATION | 1 | £75k |
| BEYOND SPORT FOUNDATION | 1 | £61k |
| WALCOT EDUCATIONAL FOUNDATION | 1 | £55k |
Charities like this
- THE BRISTOL SPORT FOUNDATION
- THE GENERATIONS FOUNDATION
- Community Foundation for Staffordshire and Shropshire
- THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE
- THE CYRIL TAYLOR CHARITABLE FOUNDATION
- THE PATCH FOUNDATION CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| COLUMBIA THREADNEEDLE FOUNDATION | £348k | — | 0 | unclear | — | noted |
| THE BRISTOL SPORT FOUNDATION | £1.6m | — | 0 | within | — | no doubt |
| THE GENERATIONS FOUNDATION | £138k | — | 0 | unclear | — | no doubt |
| Community Foundation for Staffordshire and Shropshire | £4.6m | — | — | unclear | — | no doubt |
| THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE | £133k | — | 0 | above | — | no doubt |
| THE CYRIL TAYLOR CHARITABLE FOUNDATION | £2.7m | — | 0 | unclear | — | no doubt |