THE KURT AND MAGDA STERN FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that total unrestricted funds stood at £1,208,915 at the end of the year, which is significantly greater than the trustees' stated reserve requirement of £30,000. The charity reported a net income of £53,433 after investment gains, supported by £160,000 in donations from a private family foundation and investment income. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Trustees
- SARAH TAMSIN HOAREchair
- Emma Delpech
- SUSAN JILL WALKER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £213k | £301k |
| 31/12/2024 | £153k | £223k |
| 31/12/2023 | £194k | £185k |
| 31/12/2022 | £130k | £231k |
| 31/12/2021 | £93k | £196k |
Common questions
Is THE KURT AND MAGDA STERN FOUNDATION financially healthy?
The accounts state that total unrestricted funds stood at £1,208,915 at the end of the year, which is significantly greater than the trustees' stated reserve requirement of £30,000. The charity reported a net income of £53,433 after investment gains, supported by £160,000 in donations from a private family foundation and investment income. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |