The Ethos Foundation
Latest income
£1.1m
Latest spending
£3.5m
Registered
2016
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £57,341,797 at the year-end, an increase from the previous year. The trustees confirm that the Foundation has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties related to going concern.
What the accounts disclose
Reserves policy: spend down by December 2035 (held: £57.3m)
“The Foundation intends to spend down its reserves by December 2035, as set out within its Investment Policy.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: The Cabrach Distillery CIC
“The Cabrach Trust ('the Trust') received a total of £1,000,000 in grants (2023: £1,650,000), including the final tranche of capital funding to establish the Cabrach Distillery, which will be operated by the Trust’s trading subsidiary, The Cabrach Distillery CIC.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Leadership, per the charity’s website
- Grant Gordon — Chair
- Sarah Blackwood — Director
Structured financials (annual return, FY ending 30/09/2025)
Total income
£1.1m
Total spending
£3.5m
Reserves (reported)
£58.5m
Employees
2
Trustees
- GRANT EDWARD GORDONchair
- BRIGITTE GORDON
- Katie Louise Oliver
- Lucy Blythe
- Luka Gakic
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £1.1m | £3.5m |
| 30/09/2024 | £1.1m | £3.1m |
| 30/09/2023 | £1.3m | £4.1m |
| 30/09/2022 | £58.7m | £2.0m |
| 30/09/2021 | £1000k | £1.4m |
Common questions
Is The Ethos Foundation financially healthy?
The accounts state that unrestricted reserves stood at £57,341,797 at the year-end, an increase from the previous year. The trustees confirm that the Foundation has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties related to going concern. Its FY2024 accounts were audited by Grunberg & Co Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MASTER CHARITABLE TRUST | 1 | £323k |
| THE BORROWS CHARITABLE TRUST | 1 | £10k |