THE DOUGLAS PENNANT FAMILY FOUNDATION
Chiefly, grants to other charities principally operating in and around Bethesda and Bangor , North Wales, but also educational charities in Jamaica
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £1,263,829 at the period end, having experienced a net outgoing of resources of £13,698 due to investment losses. The trustees' report indicates that the charity has no paid employees and operates solely through its trustees, with a reserves policy focused on capital growth to meet future grant-making requirements.
What the accounts disclose
“It is the policy of the Trustees to invest unrestricted funds for capital growth.” — page 28
Trustees
- RICHARD CHARLES HARPER DOUGLAS PENNANTchair
- EDWARD CHARLES SAMPLE
- Emyr Wynne Hughes
- Michael Philip McNeill Armstrong
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £44k | £57k |
| 31/03/2024 | £44k | £45k |
| 31/03/2023 | £39k | £53k |
| 31/03/2022 | £33k | £64k |
| 31/03/2021 | £30k | £76k |
Common questions
Is THE DOUGLAS PENNANT FAMILY FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £1,263,829 at the period end, having experienced a net outgoing of resources of £13,698 due to investment losses. The trustees' report indicates that the charity has no paid employees and operates solely through its trustees, with a reserves policy focused on capital growth to meet future grant-making requirements. Its FY2025 accounts were independently examined.