THE WINDFALL FOUNDATION
The Foundation has an interest in projects that provide sustainable, long-term income generation and self-sufficiency, especially those making a demonstrable positive impact on marginalised communities currently beyond the reach of traditional government or market-based solutions.
Objects
FOR THE PUBLIC BENEFIT, PRIMARILY IN THE UNITED KINGDOM AND IN AFRICA:A. THE RELIEF OF POVERTY B. THE PROMOTION OF SUSTAINABLE DEVELOPMENT BY: (A) THE PRESERVATION, CONSERVATION AND THE PROTECTION OF THE ENVIRONMENT AND THE PRUDENT USE OF RESOURCES;(B) THE RELIEF OF POVERTY AND THE IMPROVEMENT OF THE CONDITIONS OF LIFE IN SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES;(C) THE PROMOTION OF SUSTAINABLE MEANS OF ACHIEVING ECONOMIC GROWTH AND REGENERATION.SUSTAINABLE DEVELOPMENT MEANS “DEVELOPMENT WHICH MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OF FUTURE GENERATIONS TO MEET THEIR OWN NEEDS.”C. THE ADVANCEMENT OF EDUCATION D. THE PRESERVATION AND PROTECTION OF GOOD PHYSICAL AND MENTAL HEALTH, INCLUDING BY SUPPORT TO THE PROVISION OF GOOD NUTRITION E. THE ADVANCEMENT OF THE ARTS F. SUCH OTHER PURPOSES CHARITABLE UNDER THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES MAY DECIDE.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £4,161,356, which decreased from £4,965,550 in the prior year due to a net movement in funds of £(804,194). The trustees report that the foundation has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of preparation.
What the accounts disclose
“The principal funding source of the Foundation has been donations by Andrew Elder, the Chair.” — page 5
“The Foundation keeps its reserves policy under careful review in order to mitigate its risks, support grantmaking for beneficiaries and respond to opportunities. Funds are maintained with a view to meeting all grant commitments over the full term set out in the grant agreements (not only immediate liabilities).” — page 8
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/06/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2023
- Grant-making is its main activity
Trustees
- ANDREW ELDERchair
- Geoff Stead Mr
- LINDSAY ELDER
- THOMAS ELDER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £143k | £715k |
| 30/06/2024 | £168k | £688k |
| 30/06/2023 | £55k | £561k |
| 30/06/2022 | £368k | £361k |
| 30/06/2021 | £5k | £263k |
Common questions
Is THE WINDFALL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £4,161,356, which decreased from £4,965,550 in the prior year due to a net movement in funds of £(804,194). The trustees report that the foundation has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis of preparation. Its FY2025 accounts were audited by Warrener Stewart.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HURDALE CHARITY LIMITED | 1 | £1.8m |
Charities like this
- THE ADFAL TRUST
- THE WINDMILLS FOUNDATION
- THE RANDAL CHARITABLE FOUNDATION
- WONDERFUL GIFT LIMITED
- THE DWF FOUNDATION
- THE PWC FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE WINDFALL FOUNDATION | £143k | — | 0 | unclear | — | no doubt |
| THE ADFAL TRUST | £130k | — | 0 | unclear | — | no doubt |
| THE WINDMILLS FOUNDATION | £89k | — | 0 | unclear | — | no doubt |
| THE RANDAL CHARITABLE FOUNDATION | £3.3m | — | 0 | above | — | no doubt |
| WONDERFUL GIFT LIMITED | £62k | — | 0 | unclear | — | no doubt |
| THE DWF FOUNDATION | £454k | — | 0 | unclear | — | no doubt |