TNC UK FOUNDATION LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity maintained minimal retained reserves of £1,281 at year-end, relying on its parent company to cover operational expenses and contractual obligations. The trustees and auditor confirmed the entity has adequate resources to continue as a going concern for at least twelve months, with no material uncertainties identified.
What the accounts disclose
“The Foundation has chosen to maintain a minimal level of retained reserves. This reflects the fact that under the Cooperation Agreement dated 14 June 2017, The Nature Conservancy provides donations to cover operational expenses and contractual obligations allowing the Foundation to match all third party donations on appropriate charitable programs. Reserves at the year-end amounted to £1,281.” — page 6
“Expenses totalling £103,461 (2023: £105,473) were paid in the year by the parent company, the Nature Conservancy. The company received the donation in kind from the parent totalling £105,406 (2023: £105,473) in the period. £2,019 was owed to the parent company at the balance sheet (2023: £5,915). Grants were made to TNC Foundation UK Limited are detailed in note 7.” — page 24
Corporate structure
- Registered company of the charity Companies House 08960834
Leadership, per the charity’s website
- Jennifer Morris — Chief Executive Officer
- James Bond — Chief Finance Officer
- David Banks — Chief Conservation Officer
- James E. Page, Jr. — Chief Global Diversity, Equity, and Inclusion Officer
- Becky Marshall — Chief of Staff
- Jan Glendening — Executive Vice President
- Frank Rijsberman — Head of Policy and Public Funding
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Alan Adye
- Marta Magdalena Lejkowski
- Roni Elchahal
- Rupert Adams
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £3.0m | £3.0m |
| 30/06/2024 | £3.4m | £3.4m |
| 30/06/2023 | £2.6m | £2.6m |
| 30/06/2022 | £1.9m | £1.9m |
| 30/06/2021 | £1.2m | £1.2m |
Common questions
Is TNC UK FOUNDATION LIMITED financially healthy?
The accounts state that the charity maintained minimal retained reserves of £1,281 at year-end, relying on its parent company to cover operational expenses and contractual obligations. The trustees and auditor confirmed the entity has adequate resources to continue as a going concern for at least twelve months, with no material uncertainties identified. Its FY2024 accounts were audited by Azets Audit Services.
Who funds TNC UK FOUNDATION LIMITED?
Funders whose own accounts filings name TNC UK FOUNDATION LIMITED as a grant recipient include AKO FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| AKO FOUNDATION | FY2024 | £1.8m |
| AKO FOUNDATION | FY2022 | £258k |
| AKO FOUNDATION | FY2022 | £258k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MASTER CHARITABLE TRUST | 1 | £1.0m |
| ECOLOGICAL RESTORATION FUND | 1 | £500k |
| The Brindle Foundation | 1 | £275k |
| THE CONSTANCE TRAVIS CHARITABLE TRUST | 1 | £130k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT ANDREW AND SAINT MARK, SURBITON | 1 | £98k |
| THE FIDELIS FOUNDATION | 1 | £96k |
| SWIRE 2765 | 1 | £90k |
| THE TRESANTON TRUST | 1 | £90k |