GILBERT HANNAM EDUCATION FOUNDATION
Trustees have supported a number of events and made a number of donations during this year. The largest grant has been towards the Gilbert Hannam Day celebrations in the College.Trustees have finalised the sale of the final plot for development in the Midhurst town site and are considering how to utilise the increase in Foundations funds to support the Foundation?s aims.
Objects
OBJECT OF THE CHARITY(1) THE OBJECT OF THE CHARITY IS THE PROVISION OF ITEMS, SERVICES AND FACILITIES FOR THE SCHOOL.(2) TRUSTEES MAY ALSO PROVIDE FUNDS TO ASSIST THE EDUCATION OF PERSONS WHO ARE IN NEED OF FINANCIAL ASSISTANCE IN THE FOLLOWING ORDER OF PRIORITY:(A) PERSONS WHO ARE ATTENDING THE SCHOOL; AND(B) PERSONS WHO HAVE AT ANY TIME ATTENDED THE SCHOOL.
Financial health, per its FY2025 accounts
The accounts state that total unrestricted funds increased to £3,942,236, driven by net investment gains of £68,838 which offset a net expenditure on activities of £26,536. The trustees report that the charity has minimal financial commitments with no obligations or employees, and reserves are held in investments sufficient to generate income in line with the charity's strategy.
What the accounts disclose
“Ignoring movements in valuation the trustees consider a portfolio value of between £2,500,000 and £3,000,000 sufficient to fund future activities.” — page 3
Policies the charity declares
- Investment
Trustees
- GILL WELSMANchair
- ADRIAN MOORE
- ALEXA DUGAN
- CHRISTOPHER HUNT
- DAVID LAWES
- Philip John Stringer
- Stuart Edwards
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £89k | £86k |
| 31/08/2024 | £299k | £114k |
| 31/08/2023 | £86k | £90k |
| 31/08/2022 | £79k | £191k |
| 31/08/2021 | £80k | £73k |
Common questions
Is GILBERT HANNAM EDUCATION FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted funds increased to £3,942,236, driven by net investment gains of £68,838 which offset a net expenditure on activities of £26,536. The trustees report that the charity has minimal financial commitments with no obligations or employees, and reserves are held in investments sufficient to generate income in line with the charity's strategy. Its FY2025 accounts were independently examined.