Cultural Philanthropy Foundation Limited
Financial health, per its FY2023 accounts
The accounts state that the charity incurred a net expenditure of £42,086 for the year, resulting in a significant decrease in unrestricted reserves from £55,883 to £13,797. Per the trustees' report, the charity remains active in delivering its strategic projects, but the financial position shows a reduction in available funds due to expenditure exceeding incoming resources.
What the accounts disclose
Trustees
- CAROLINE LOUISE MCCORMICKchair
- Alexandra Cheales
- Joshua Adam Cockcroft
- Robert Paul Owens
- Sarah Purisa Maguire
- WILLIAM JOHN GALLIENNE SWAINSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £122k | £110k |
| 31/12/2023 | £33k | £75k |
| 31/12/2022 | £118k | £68k |
| 31/12/2021 | £60k | £58k |
| 31/12/2020 | £110k | £115k |
Common questions
Is Cultural Philanthropy Foundation Limited financially healthy?
The accounts state that the charity incurred a net expenditure of £42,086 for the year, resulting in a significant decrease in unrestricted reserves from £55,883 to £13,797. Per the trustees' report, the charity remains active in delivering its strategic projects, but the financial position shows a reduction in available funds due to expenditure exceeding incoming resources. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £21.1m |
| THE COLES-MEDLOCK FOUNDATION | 1 | £21k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £15k |
| THE BARBARA WARD CHILDREN'S FOUNDATION | 1 | £14k |
| THE PETER STEBBINGS MEMORIAL CHARITY | 1 | £10k |
| EAST END COMMUNITY FOUNDATION | 1 | £10k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £5k |
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | 1 | £3k |