THE CARMELA & RONNIE PIGNATELLI FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity's financial performance is fully dependent on donations from the settlor, Mr M Pignatelli. The trustees' policy is to distribute income as it arises rather than accumulate reserves, resulting in nil unrestricted reserves at year-end. Total funds decreased from £1,032,491 to £930,051 due to grants exceeding incoming donations.
What the accounts disclose
“The Trustees’ policy is to distribute the income as it arises and not to accumulate reserves.” — page 3
“The charity received donations during the year of £50,000 (2023 - £200,000) from the settlor and trustee, Mr M Pignatelli, without conditions attached.” — page 16
Trustees
- MARK GUY LEWIS PIGNATELLIchair
- CHARLOTTE NATASHA PIGNATELLI
- Paula Maria Pignatelli
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £206k | £206k |
| 31/03/2024 | £212k | £215k |
| 31/03/2023 | £203k | £204k |
| 31/03/2022 | £209k | £210k |
| 31/03/2021 | £230k | £233k |
Common questions
Is THE CARMELA & RONNIE PIGNATELLI FOUNDATION financially healthy?
The accounts state that the charity's financial performance is fully dependent on donations from the settlor, Mr M Pignatelli. The trustees' policy is to distribute income as it arises rather than accumulate reserves, resulting in nil unrestricted reserves at year-end. Total funds decreased from £1,032,491 to £930,051 due to grants exceeding incoming donations. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SUICIDE & CO | 1 | £3k |