GUY'S AND ST THOMAS' FOUNDATION
GUY’S AND ST THOMAS’ FOUNDATION IS AN INDEPENDENT CHARITABLE FOUNDATION INVESTING IN A HEALTHIER SOCIETY. WE FUND, INVEST, PARTNER, ENGAGE AND INFLUENCE TO COME AT BIG HEALTH CHALLENGES FROM ALL ANGLES. WE COLLABORATE WITH COMMUNITIES, PARTNERS, AND HOSPITALS, IN PARTICULAR GUY’S AND ST THOMAS’ NHS FOUNDATION TRUST, AND USE OUR ASSETS TO IMPROVE PEOPLE’S PHYSICAL AND MENTAL HEALTH.
Objects
THE OBJECTS OF THE CHARITY ARE ANY CHARITABLE PURPOSE OR PURPOSES RELATING TO THE GENERAL OR ANY SPECIFIC PURPOSES OF GUY’S AND ST THOMAS’ NHS FOUNDATION TRUST OR THE PURPOSES OF THE HEALTH SERVICE (AS DESCRIBED IN SECTION 1 OF THE NATIONAL HEALTH SERVICE ACT 2006 OR ANY STATUTORY MODIFICATION OF THAT SECTION) INCLUDING BUT WITHOUT LIMITATION BY:SECURING IMPROVEMENTS IN PHYSICAL AND MENTAL HEALTH;SECURING IMPROVEMENTS IN THE PREVENTION, DIAGNOSIS AND TREATMENT OF PHYSICAL AND MENTAL ILLNESS; AND THE PROMOTION AND PROTECTION OF PUBLIC HEALTH.
Financial health, per its FY2025 accounts
The accounts state that the Foundation remains in an exceptionally strong financial position, with free reserves of £17.7m and total net assets of £904.5m as of 31 March 2025. Per the trustees' report, the endowment value decreased by £21.5m to £833.8m following a distribution of £53.8m to support charitable expenditure, while total staff costs increased to £15.6m. The Foundation maintains adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“Property - rents 18,476”
“The Foundation aims to release 4% of the value of the expendable endowment on a smoothed basis annually to the unrestricted fund for charitable and other expenditure, whilst maintaining the value of the expendable endowment in line with inflation over the long term.” — page 54
“Dr. Danny Sriskandarajah, a Trustee, is the Chief Executive of the New Economics Foundation. During the year, Guy's and St Thomas' Foundation made a charitable contract totalling £71,403 to that organisation.” — page 64
“The Foundation owns 100% of the share capital of three trading subsidiary companies: GSTC Property Investments Ltd, GSTC Health Innovations Ltd and GSTC Property Developments Ltd”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Employees paid over £60,000: 74 (£60,001–£70,000: 35; £70,001–£80,000: 11; £80,001–£90,000: 6; £90,001–£100,000: 7; £100,001–£110,000: 2; £110,001–£120,000: 3; £120,001–£130,000: 3; £130,001–£140,000: 2; £150,001–£200,000: 3; £250,001–£300,000: 1; over £500,000: 1)
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Employees paid over £60,000: 85 (£60,001–£70,000: 37; £70,001–£80,000: 17; £80,001–£90,000: 4; £90,001–£100,000: 10; £100,001–£110,000: 4; £110,001–£120,000: 3; £130,001–£140,000: 1; £140,001–£150,000: 1; £150,001–£200,000: 6; £300,001–£350,000: 1; £400,001–£450,000: 1)
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Employees paid over £60,000: 42 (£60,001–£70,000: 15; £70,001–£80,000: 7; £80,001–£90,000: 10; £90,001–£100,000: 3; £100,001–£110,000: 1; £110,001–£120,000: 1; £120,001–£130,000: 1; £130,001–£140,000: 1; £140,001–£150,000: 1; £200,001–£250,000: 1; £250,001–£300,000: 1)
- Has a trading subsidiary
- Grant-making is its main activity
In the news
Corporate structure
- Trading subsidiary: GSTC HEALTH INNOVATIONS LIMITED Companies House 06852696
- Trading subsidiary: GSTC PROPERTY DEVELOPMENTS LIMITED Companies House 06861110
- Trading subsidiary: GSTC PROPERTY INVESTMENTS LIMITED Companies House 07369879
- Registered company of the charity Companies House 09341980
- Turnover: £3k
- Profit before tax: £-758k
- Related party transactions with parent charity exempted from disclosure
- Turnover: £215k
- Profit before tax: £27.0m
- Donated/gift-aided to the charity: £15.2m
- Amounts due from parent undertaking: £238,655
“Gift Aid distributed to parent charity : : (15,185,056) (15,185,056)”
- Profit before tax: £-58k
- Administrative expenses (auditor's remuneration) of £3,700 were borne by the parent undertaking.
Leadership, per the charity’s website
- Susanne Given — Chair
- Peter Babudu — Executive Director of Impact on Urban Health
- David Bennett — Chair of the Investment Committee
Company officers (Companies House)
- MCHUGH, Kirsty Ellen on trustee list
- SITU, Johnson on trustee list
- PALCA, Julia Charlotte on trustee list
- THOMAS, Pamela Patricia on trustee list
- LEE, Andrew Philip, Mr. on trustee list
- BENNETT, David James on trustee list
- GIVEN, Susanne Johanne on trustee list
- SRISKANDARAJAH, Dhananjayan Sivaguru on trustee list
- WARD, Katherine Natasha on trustee list
- LAMY, Yasemin Saltuk on trustee list
- KERR, Ronald James, Sir on trustee list
- PECK, Hazel Ann
Property (HM Land Registry)
Advertised salaries (public job ads)
- Senior Legal Counsel — circa £78,000 per year
- Head of Policy & Influencing — £72,000 per year
- Senior Funding Operations Officer (12 Months FTC) — circa £40,000 per year
- Finance Assistant — £29,000 per year
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (21/10/2025)
- Received assets from another charity (16/05/2024)
- Received assets from another charity (01/10/2021)
- Received assets from another charity (30/01/2017)
- Received assets from another charity (29/05/2015)
Trustees
- Andrew Lee
- David Bennett
- Dr Dhananjayan Sriskandarajah
- Jason Coward CBE
- Johnson Situ
- Julia Charlotte Palca
- Katherine Natasha Ward
- Kirsty McHugh
- Pamela Patricia Thomas
- SIR RONALD JAMES KERR
- Steven Corbett
- Yasemin Saltuk Lamy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £34.3m | £82.7m |
| 31/03/2024 | £34.2m | £74.7m |
| 31/03/2023 | £29.1m | £72.6m |
| 31/03/2022 | £28.9m | £62.2m |
| 31/03/2021 | £28.5m | £45.7m |
Common questions
Is GUY'S AND ST THOMAS' FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the Foundation remains in an exceptionally strong financial position, with free reserves of £17.7m and total net assets of £904.5m as of 31 March 2025. Per the trustees' report, the endowment value decreased by £21.5m to £833.8m following a distribution of £53.8m to support charitable expenditure, while total staff costs increased to £15.6m. The Foundation maintains adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Crowe U.K. LLP.
Who funds GUY'S AND ST THOMAS' FOUNDATION?
Funders whose own accounts filings name GUY'S AND ST THOMAS' FOUNDATION as a grant recipient include GARFIELD WESTON FOUNDATION, PRISM THE GIFT FUND, CLEAN AIR FUND, ASSOCIATION OF NHS CHARITIES, THE ROAN CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| GARFIELD WESTON FOUNDATION | FY2023 | £1.0m | Health |
| GARFIELD WESTON FOUNDATION | FY2023 | £500k | Health |
| GARFIELD WESTON FOUNDATION | FY2023 | £500k | Health |
| PRISM THE GIFT FUND | FY2021 | £430k | Grants to institutions/organisations |
| CLEAN AIR FUND | FY2021 | £409k | |
| CLEAN AIR FUND | FY2021 | £409k | |
| CLEAN AIR FUND | FY2021 | £322k | |
| CLEAN AIR FUND | FY2021 | £322k | |
| ASSOCIATION OF NHS CHARITIES | FY2021 | £205k | Grants to members |
| THE ROAN CHARITABLE TRUST | FY2023 | £20k | Relief of sickness and illness by provision of treatment and care to patients at Evelina London Children's Hospital |
| THE ROAN CHARITABLE TRUST | FY2021 | £10k | Relief of sickness and illness by provision of treatment and care to patients at Guy's and St Thomas Hospital |
| THE ADRIAN SWIRE CHARITABLE TRUST | FY2021 | £10k | |
| ASSOCIATION OF NHS CHARITIES | FY2022 | £5k | Grant |
| THE JOHN HEMINGWAY CHARITABLE TRUST | FY2023 | £5k | |
| THE JOHN HEMINGWAY CHARITABLE TRUST | FY2022 | £5k | |
| THE ROAN CHARITABLE TRUST | FY2022 | £1k | Relief of sickness and illness by provision of treatment and care to patients at Evelina London Children's Hospital (Guy's and St Thomas Hospital) |
| THE SHIRE OAK CHARITABLE TRUST | FY2025 | £100 | |
| ASSOCIATION OF NHS CHARITIES | FY2023 | amount not stated | Grants awarded 2023 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Greater London Authority | 02/03/2023 | £64k | GSTT Health Inclusion Team |
| UK government | 01/04/2021 | £83k | VCSE Health and Wellbeing Fund |
| UK government | 29/09/2020 | £10k | Coronavirus Community Support Fund |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COLEFAX CHARITABLE TRUST | 1 | £2k |
| SSP FOUNDATION | 1 | £1k |
| THE LORD FARINGDON CHARITABLE TRUST | 1 | £1k |
Charities like this
- THE FRIENDS OF GUY'S AND ST THOMAS' HOSPITAL
- GUYS AND ST THOMAS' HOSPITAL KIDNEY PATIENTS ASSOCIATION
- CHARITY OF THOMAS GUY
- THE GRANT THORNTON FOUNDATION
- ST ANTHONY'S YOUTH EDUCATION AND SUPPORT
- The Peggy and Mollie Thomas Charitable Trust
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GUY'S AND ST THOMAS' FOUNDATION | £34.3m | — | — | unclear | — | no doubt |
| THE FRIENDS OF GUY'S AND ST THOMAS' HOSPITAL | £232k | — | 0 | unclear | — | no doubt |
| GUYS AND ST THOMAS' HOSPITAL KIDNEY PATIENTS ASSOCIATION | £80k | — | 0 | unclear | — | no doubt |
| CHARITY OF THOMAS GUY | £206k | — | 0 | unclear | — | no doubt |
| THE GRANT THORNTON FOUNDATION | £364k | — | 0 | unclear | — | no doubt |
| ST ANTHONY'S YOUTH EDUCATION AND SUPPORT | £179k | — | 0 | below | — | no doubt |