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THE MOHN WESTLAKE FOUNDATION

Registered charity 1170045 · accounts filings on the Charity Commission register

General Charitable Purposes

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · Environment/conservation/heritage · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£11.1m
Latest spending
£12.5m
Registered
2016
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds total funds of £19,105,047, comprising an expendable endowment fund of £39,093,950 and unrestricted funds in deficit of £19,988,903. The trustees note that the deficit on free reserves arises from the timing of liability recognition and transfers from the endowment fund, and they do not consider it necessary to maintain significant free reserves given the availability of the expendable endowment. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations and legacies (95% of income)
“Donations to the Foundation’s capital fund totalled £15,000,000 (2024: £15,000,000) from the settlor trustee.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £-20.0m; policy: no significant free reserves)
“Given the availability of the expendable endowment fund the trustees do not consider that the charity needs to maintain any significant free reserves although they recognise reserves may arise from time to time.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donation from settlor trustee's company
“During the year under review, £15,000,000 (2024: £15,000,000) of donations were received from Marstia Invest AS of Norway, the settlor and one of the trustees wholly own the company.” — page 17
“During the year under review, no grants (2024: a grant of £3,083,833) were awarded to BookTrust, of which one of the trustees is Co-Chief Executive.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant to BookTrust (trustee is Co-CEO)
“During the year under review, £15,000,000 (2024: £15,000,000) of donations were received from Marstia Invest AS of Norway, the settlor and one of the trustees wholly own the company.” — page 17
“During the year under review, no grants (2024: a grant of £3,083,833) were awarded to BookTrust, of which one of the trustees is Co-Chief Executive.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant to Royal National Theatre (trustee is also trustee of the charity)
“During the year under review, £15,000,000 (2024: £15,000,000) of donations were received from Marstia Invest AS of Norway, the settlor and one of the trustees wholly own the company.” — page 17
“During the year under review, no grants (2024: a grant of £3,083,833) were awarded to BookTrust, of which one of the trustees is Co-Chief Executive.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Blue Spire Limited. Discloses 5 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£15.8m
Total spending
£12.5m
Cost of raising funds
£98k
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, cost of raising funds: 0.6% of total income — below the median for charities its size (3.8%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£11.1m£12.5m
31/12/2024£6.3m£13.0m
31/12/2023£11.9m£9.9m
31/12/2022£10.6m£13.7m
31/12/2021£9.2m£9.0m

Common questions

Is THE MOHN WESTLAKE FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds total funds of £19,105,047, comprising an expendable endowment fund of £39,093,950 and unrestricted funds in deficit of £19,988,903. The trustees note that the deficit on free reserves arises from the timing of liability recognition and transfers from the endowment fund, and they do not consider it necessary to maintain significant free reserves given the availability of the expendable endowment. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Blue Spire Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
DEBMAR BENEVOLENT TRUST LIMITED2£628k
THE HENDON FAMILIES SYNAGOGUE LIMITED1£929k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with JOHN MOORES FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE MOHN WESTLAKE FOUNDATION£11.1m—0below—no doubt
JOHN MOORES FOUNDATION FY2025£613k£60,000 - £70,0001below—no doubt
MW (GK) FOUNDATION FY2024£261kUnder £60,0000unclear—no doubt
MW (HO) FOUNDATION FY2024£207k—0unclear—no doubt
THE WEST FOUNDATION FY2025£77k—0above—no doubt
THE ELIZABETH FRANKLAND MOORE AND STAR FOUNDATION FY2025£444k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.