THE RUSHWORTH FOUNDATION
Makes grants to organisations for charitable purposes with a particular but not exclusive interest in music.
Financial health, per its FY2025 accounts
The accounts state that total income increased to £43,750, funding £30,000 in charitable grants and resulting in net unrestricted reserves of £16,634. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future. No specific reserves policy target is stated, only that reserves are managed to balance current and future beneficiary needs.
What the accounts disclose
“Charitable Activities: these include £300 (2024: £300) grant making administration costs payable to LCVS. Governance Costs: these include £150 (2024: £150) payable to LCVS in respect of accountancy and trust administration. Creditors: balance includes £570 (2024: £450) payable to LCVS at the year end. LCVS is related to the Fund by virtue of being the corporate trustee.” — page 11
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £44k | £31k |
| 30/06/2024 | £19k | £40k |
| 30/06/2023 | £94k | £77k |
| 30/06/2022 | £40k | £41k |
| 30/06/2021 | £85k | £89k |
Common questions
Is THE RUSHWORTH FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that total income increased to £43,750, funding £30,000 in charitable grants and resulting in net unrestricted reserves of £16,634. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future. No specific reserves policy target is stated, only that reserves are managed to balance current and future beneficiary needs. Its FY2025 accounts were independently examined.