FITZGERALD FAMILY FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity holds £2,509,567 in expendable endowment funds with no unrestricted reserves. The financial performance is explicitly described as dependent on donations from the settlor and investment market performance. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees’ policy is to hold an endowment fund in order to generate income, which will be used to help cover running costs or for exceptional circumstances.” — page 3
“The charity received donations during the year of £118,500 (2023 - £170,400) from the settlor and trustee, Mr S Fitzgerald, without conditions attached.” — page 10
“During the year the charity made a donation of £200,000 (2023 – £nil) to the Fitzgerald Foundation in Australia, a charity the Settlor and Trustee Mr S Fitzgerald is also a Settlor and Trustee of.” — page 10
“The charity received donations during the year of £118,500 (2023 - £170,400) from the settlor and trustee, Mr S Fitzgerald, without conditions attached.” — page 10
“During the year the charity made a donation of £200,000 (2023 – £nil) to the Fitzgerald Foundation in Australia, a charity the Settlor and Trustee Mr S Fitzgerald is also a Settlor and Trustee of.” — page 10
Trustees
- STEPHEN CHARLES FITZGERALDchair
- ANDREW FRANCIS WILSON BA, MA
- JULIE ANN FITZGERALD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £425k | £437k |
| 05/04/2024 | £404k | £424k |
| 05/04/2023 | £136k | £154k |
| 05/04/2022 | £171k | £189k |
| 05/04/2021 | £145k | £160k |
Common questions
Is FITZGERALD FAMILY FOUNDATION financially healthy?
The accounts state that the charity holds £2,509,567 in expendable endowment funds with no unrestricted reserves. The financial performance is explicitly described as dependent on donations from the settlor and investment market performance. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |
| JEREMY COLLER FOUNDATION | 1 | £230k |