MAX'S FOUNDATION CIO
The aim of Max's Foundation is to fund research into genetic heart conditions in children and support those affected by these conditions.We fundraise through a variety of events held both by ourselves and by others on our behalf.We invite organisations to submit applications for grants covering projects that fall within our remit.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves decreased from £45,479 to £33,190 due to a net expenditure of £12,289. The trustees confirm that the charity's reserves policy is to hold £10,000, meaning current reserves are above the stated target. The charity reports no material uncertainty regarding its ability to continue as a going concern.
What the accounts disclose
“Donations and legacies 95,169”
“The Foundation's policy is to hold £10,000 in the bank as a reserve to cover running costs and other expenses.” — page 4
Trustees
- DAVID IAN SCHILLERchair
- MOLLY YVONNE SCHILLER
- PHIL JOHN MAURICE
- SHIRA RACHEL SCHILLER
- SUZANNE JANE BRENNAN
- Sally-Anne Burdett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £95k | £107k |
| 31/12/2023 | £54k | £53k |
| 31/12/2022 | £104k | £135k |
| 31/12/2021 | £63k | £43k |
| 31/12/2020 | £45k | £69k |
Common questions
Is MAX'S FOUNDATION CIO financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves decreased from £45,479 to £33,190 due to a net expenditure of £12,289. The trustees confirm that the charity's reserves policy is to hold £10,000, meaning current reserves are above the stated target. The charity reports no material uncertainty regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.