THE GALE FOUNDATION TRUST CIO
The object of the CIO is to further such charitable purposes as the charity trustees in their discretion think fit in particular by providing financial support to those purposes.
Objects
THE OBJECT OF THE CIO IS TO FURTHER SUCH CHARITABLE PURPOSES AS THE CHARITY TRUSTEES IN THEIR DISCRETION THINK FIT IN PARTICULAR BY PROVIDING FINANCIAL SUPPORT TO THOSE PURPOSES.
Financial health, per its FY2025 accounts
The accounts state that the charity's financial position was materially strengthened by a one-off legacy receipt of £3,018,738, resulting in total unrestricted funds of £3,292,635. The trustees report no material uncertainties regarding going concern and note that the charity is in a strong financial position with adequate resources. The charity has no stated reserves policy target, but intends to distribute 80-90% of annual income over time to support future grant-making.
What the accounts disclose
“During the period the charity received interest of £130,000 from a company controlled by one of the trustees. Debtors include a loan amounting to £917,783 to a trustee's company. This loan was donated to the charity during the year and has been repaid after the balance sheet date.” — page 20
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- 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
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Grant-making is its main activity
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- BRYAN JOHN HOILE
- RICHARD GALE
- Thomas Baker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.2m | £50k |
| 31/03/2024 | £14k | £15k |
| 31/03/2023 | £16k | £27k |
| 31/03/2022 | £11k | £17k |
| 31/03/2021 | £25k | £29k |
Common questions
Is THE GALE FOUNDATION TRUST CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity's financial position was materially strengthened by a one-off legacy receipt of £3,018,738, resulting in total unrestricted funds of £3,292,635. The trustees report no material uncertainties regarding going concern and note that the charity is in a strong financial position with adequate resources. The charity has no stated reserves policy target, but intends to distribute 80-90% of annual income over time to support future grant-making. Its FY2025 accounts were audited by Carter & Coley Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KINGS CHURCH DARLINGTON | 1 | £103k |
| Richmond Foundation | 1 | £54k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £42k |
| COMMISSION APOSTOLIC TRUST LTD | 1 | £23k |
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £2k |
Charities like this
- RE N-GAGE
- THE CHANDRAJ FOUNDATION
- THE CHARLIE ALLEN FOUNDATION
- THE NAGLE FAMILY FOUNDATION
- JCD FOUNDATION
- CHRIST CENTRAL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE GALE FOUNDATION TRUST CIO | £3.2m | — | 0 | unclear | — | no doubt |
| RE N-GAGE | £327k | £60,001 - £70,000 | 1 | unclear | — | noted |
| THE CHANDRAJ FOUNDATION | £68k | — | 0 | unclear | — | no doubt |
| THE CHARLIE ALLEN FOUNDATION | £50k | — | — | unclear | — | no doubt |
| THE NAGLE FAMILY FOUNDATION | £150k | — | 0 | unclear | — | no doubt |
| JCD FOUNDATION | £1.8m | — | 0 | unclear | — | no doubt |