THE BLOOM FOUNDATION
Latest income
£7.0m
Latest spending
£6.6m
Registered
2016
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that total income increased to £7.2m from £6.4m in the prior year, driven by higher donations and investment returns. However, the charity reported a net loss on investments of £319,047, resulting in an overall net movement in funds of £753,671. Free reserves stood at £1.3m at year-end, which the trustees consider sufficient to cover commitments for the next three years.
What the accounts disclose
Employees paid over £60,000: 1
“The number of employees whose annual remuneration was £60,000 or more were: 2024 Number 1” — page 26
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: sufficient to cover all existing and forecast commitments for the next three years (held: £1.3m)
“During the period, Trustees continued the practice of looking several years ahead at each of their quarterly meetings to ensure that planned donation levels are sufficient to cover all existing and forecast commitments for the next three years. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the foundation’s current activities.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from Tony Bloom
“During the year, donations were received from Tony Bloom in the amount of £5,500,000 (2023: £5,000,000) out of a total of £6,875m (2023: £6.25m) the remainder of which in both years was gift aid and gift in kind services.” — page 30
“In the year The Bloom Foundation made donations to BNJC (Brighton and Hove Jewish Community Centre), where Foundation Trustee Marc Sugarman is the CEO. The total commitment towards BNJC during the year ended 30 June 2024 was £2,235,000 (2023: £3,472,940).” — page 30
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations to BNJC (Marc Sugarman is CEO)
“During the year, donations were received from Tony Bloom in the amount of £5,500,000 (2023: £5,000,000) out of a total of £6,875m (2023: £6.25m) the remainder of which in both years was gift aid and gift in kind services.” — page 30
“In the year The Bloom Foundation made donations to BNJC (Brighton and Hove Jewish Community Centre), where Foundation Trustee Marc Sugarman is the CEO. The total commitment towards BNJC during the year ended 30 June 2024 was £2,235,000 (2023: £3,472,940).” — page 30
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations to Overcoming Multiple Sclerosis (Tony Bloom, Linda Bloom, Marc Sugarman are trustees)
“During the year, donations were received from Tony Bloom in the amount of £5,500,000 (2023: £5,000,000) out of a total of £6,875m (2023: £6.25m) the remainder of which in both years was gift aid and gift in kind services.” — page 30
“In the year The Bloom Foundation made donations to BNJC (Brighton and Hove Jewish Community Centre), where Foundation Trustee Marc Sugarman is the CEO. The total commitment towards BNJC during the year ended 30 June 2024 was £2,235,000 (2023: £3,472,940).” — page 30
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 30/06/2025)
Total income
£7.0m
Total spending
£6.6m
Cost of raising funds
£47k
Reserves (reported)
£493k
Employees
4
Register events
- Received assets from another charity (22/06/2018)
Trustees
- ANTHONY GRANT BLOOMchair
- LINDA MICHELLE BLOOM
- MARC LOUIS SUGARMAN
- PHILIP JONATHAN SAUNDERS
- Sara Jacqueline Franks
- Simon Harris Johnson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £7.0m | £6.6m |
| 30/06/2024 | £7.2m | £6.1m |
| 30/06/2023 | £6.4m | £9.0m |
| 30/06/2022 | £6.4m | £6.9m |
| 30/06/2021 | £2.5m | £6.0m |
Common questions
Is THE BLOOM FOUNDATION financially healthy?
The accounts state that total income increased to £7.2m from £6.4m in the prior year, driven by higher donations and investment returns. However, the charity reported a net loss on investments of £319,047, resulting in an overall net movement in funds of £753,671. Free reserves stood at £1.3m at year-end, which the trustees consider sufficient to cover commitments for the next three years. Its FY2024 accounts were audited by HW Fisher Audit.
Who funds THE BLOOM FOUNDATION?
Funders whose own accounts filings name THE BLOOM FOUNDATION as a grant recipient include HABITAT FOR HUMANITY GREAT BRITAIN.
Known funders
| Funder | Year | Amount |
|---|---|---|
| HABITAT FOR HUMANITY GREAT BRITAIN | FY2025 | £26k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| STARLOW CHARITIES LIMITED | 1 | £48k |
| HACKNEY PAROCHIAL CHARITIES | 1 | £22k |
| THE CHILDHOOD TRUST | 1 | £13k |
| THE BENZI DUNNER SCHOOLS TRUST | 1 | £12k |
| NES FOUNDATION LTD | 1 | £10k |
| THE JOHN R. MURRAY CHARITABLE TRUST | 1 | £5k |
| THE TOTTENHAM GRAMMAR SCHOOL FOUNDATION | 1 | £5k |
| DIDYMUS | 1 | £5k |