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THE ALTENBURG FOUNDATION

Registered charity 1170216 · accounts filings on the Charity Commission register · also known as THE RUSI TRUST

Latest income
£253k
Latest spending
£341k
Registered
2016
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds increased to £4,155,183.03, driven primarily by investment revaluations. The Trustees consider the level of free cash reserves of £258,244.46 to be appropriate for current activities, supported by the ability to liquidate investments if required. No material uncertainties were identified regarding the charity's ability to continue in operational existence.

What the accounts disclose

Reserves policy: appropriate to meet current activities (held: £258k)
“Free cash reserves total £258,244.46 at the year end and the Trustees consider that the level of reserves is appropriate to meet current activities.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from trustees
“The total amount of donations received without conditions from Trustees was £Nil (2023 - £997,880.61), as disclosed in note 3. There were no disclosable related party transactions during the year.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 05/04/2023)

Total income
£1.1m
Total spending
£240k
Cost of raising funds
£2k
Reserves (reported)
£99k
Employees
0

Reported reserves equal ~5.0 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
05/04/2025£253k£341k
05/04/2024£160k£275k
05/04/2023£1.1m£240k
05/04/2022£64k£76k
05/04/2021£1.3m£82k

Common questions

Is THE ALTENBURG FOUNDATION financially healthy?

The accounts state that unrestricted funds increased to £4,155,183.03, driven primarily by investment revaluations. The Trustees consider the level of free cash reserves of £258,244.46 to be appropriate for current activities, supported by the ability to liquidate investments if required. No material uncertainties were identified regarding the charity's ability to continue in operational existence. Its FY2024 accounts were independently examined.

Who funds THE ALTENBURG FOUNDATION?

Funders whose own accounts filings name THE ALTENBURG FOUNDATION as a grant recipient include BELRON RONNIE LUBNER CHARITABLE FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
BELRON RONNIE LUBNER CHARITABLE FOUNDATIONFY2024£175k

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
THE SIR BERNARD & LADY SCHREIER FOUNDATION1£4k
THE CHRISTOPHER AND HENRY OLDFIELD TRUST1£0

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ALTRO FOUNDATION LIMITED.