The Merchant Taylors' Foundation

Registered charity 1161568 · accounts filings on the Charity Commission register · also known as THE MERCHANT TAYLORS' COMPANY EDUCATION FUND

The Merchant Taylors' Foundation makes grants that target education, homelessness and projects to create positive lasting change to people's lives.

Causes: General Charitable Purposes · Education/training · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£1.6m
Latest spending
£1.8m
Registered
2015
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total funds amounted to £18,690,563, with unrestricted reserves of £855,665. The Trustees' reserves policy is that it is not necessary for the Charity to hold any free and liquid reserve in unrestricted or undesignated funds, a stance they consider appropriate due to the predictability of income streams and low level of multi-year commitments.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: not necessary to hold any free and liquid reserve in unrestricted or undesignated funds (held: £856k)
“The Trustees consider it is not necessary for the Charity to hold any free and liquid reserve in unrestricted or undesignated funds.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees made unrestricted donations totalling £11,852 in the year.
“Trustees made unrestricted donations totalling £11,852 in the year (2024: £5,397).” — page 35
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Bradestrete Services Limited
“The Charity does not employ management personnel but uses the services of Bradestrete Services Limited, a subsidiary of the Merchant Taylors’ Company, to provide all administrative functions.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP. Discloses 5 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£1.6m
Total spending
£1.8m
Cost of raising funds
£70k
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (73% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 4.2% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Throughout England

Income and spending

Financial year endIncomeSpending
31/07/2025£1.6m£1.8m
31/07/2024£1.7m£1.6m
31/07/2023£1.5m£1.4m
31/07/2022£1.7m£1.3m
31/07/2021£2.9m£545k

Common questions

Is The Merchant Taylors' Foundation financially healthy?

Per its FY2025 accounts: The accounts state that total funds amounted to £18,690,563, with unrestricted reserves of £855,665. The Trustees' reserves policy is that it is not necessary for the Charity to hold any free and liquid reserve in unrestricted or undesignated funds, a stance they consider appropriate due to the predictability of income streams and low level of multi-year commitments. Its FY2025 accounts were audited by Saffery LLP.

Who funds The Merchant Taylors' Foundation?

Funders whose own accounts filings name The Merchant Taylors' Foundation as a grant recipient include MERCHANT TAYLORS' CONSOLIDATED CHARITIES FOR THE POOR, MERCHANT TAYLORS' EDUCATIONAL TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
MERCHANT TAYLORS' CONSOLIDATED CHARITIES FOR THE POORFY2024£467k
MERCHANT TAYLORS' CONSOLIDATED CHARITIES FOR THE POORFY2025£383k
MERCHANT TAYLORS' CONSOLIDATED CHARITIES FOR THE POORFY2023£324kDonations to MTF (restricted for use within the charitable Objects of the Charity)
MERCHANT TAYLORS' CONSOLIDATED CHARITIES FOR THE POORFY2022£300k
MERCHANT TAYLORS' EDUCATIONAL TRUSTFY2025£34kbursaries at other schools
MERCHANT TAYLORS' EDUCATIONAL TRUSTFY2024£32kbursaries at other schools
MERCHANT TAYLORS' EDUCATIONAL TRUSTFY2023£30kfund bursaries at other schools
MERCHANT TAYLORS' EDUCATIONAL TRUSTFY2022£30kfund bursaries at other schools

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MERCHANT TAYLORS' CONSOLIDATED CHARITIES FOR THE POOR.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
The Merchant Taylors' Foundation£1.6m—0unclear—no doubt
MERCHANT TAYLORS' CONSOLIDATED CHARITIES FOR THE POOR FY2025£435k—0unclear—no doubt
THE COMPANY OF MERCHANT TAYLORS OF THE CITY OF YORK FY2025£120k—0unclear—no doubt
MERCHANT TAYLORS' EDUCATIONAL TRUST FY2025£336k—0below—no doubt
THE HABERDASHERS' FOUNDATION FY2025£454k£60,001 - £70,0004unclear—no doubt
THE TAYLOR FAMILY FOUNDATION FY2025£1.7mmore than £70,0001unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.