THE ARNAUD MASSENET FAMILY FOUNDATION
THE CHARITY IS A GRANT GIVING FOUNDATION PROVIDING GRANTS TO INDIVIDUALS AND ORGANISATIONS FOR EXCLUSIVELY CHARITABLE PURPOSES IN ACCORDANCE WITH ITS GRANT MAKING POLICY AMENDED FROM TIME TO TIME.
Objects
THE OBJECT OF THE CIO IS, FOR THE PUBLIC BENEFIT, TO FURTHER SUCH EXCLUSIVELY CHARITABLE PURPOSES ACCORDING TO THE LAW OF ENGLAND AND WALES AS THE CHARITY TRUSTEES IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £461,972 for the year ended 31 March 2025, resulting in unrestricted funds of £157,454. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis. However, the charity holds a £300,000 loan that is conditional on reserves and converts to a donation if not repaid by October 2027.
What the accounts disclose
“The charity's policy is to pay grants based on its ability to do so taking into account commitments already made.”
“£461,000 of donations were received from trustees during the year (2024: £7,000).” — page 14
“Trustee, A Massenet, loaned the Charity £300,000 in the year to 31 March 2023, the balance at the year end was £300,000.” — page 14
“£461,000 of donations were received from trustees during the year (2024: £7,000).” — page 14
“Trustee, A Massenet, loaned the Charity £300,000 in the year to 31 March 2023, the balance at the year end was £300,000.” — page 14
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Trustee conflicts of interest policy and procedures
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ARNAUD MASSENETchair
- CAROLINE SCIAMMA-MASSENET
- ISABELLA MASSENET
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £581k | £119k |
| 31/03/2024 | £7k | £6k |
| 31/03/2023 | £54 | £347k |
| 31/03/2022 | £245k | £215k |
| 31/03/2021 | £114k | £189k |
Common questions
Is THE ARNAUD MASSENET FAMILY FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £461,972 for the year ended 31 March 2025, resulting in unrestricted funds of £157,454. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis. However, the charity holds a £300,000 loan that is conditional on reserves and converts to a donation if not repaid by October 2027. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |
Charities like this
- NNS FOUNDATION
- The Gerald and Gail Ronson Family Foundation
- THE HEARN FOUNDATION
- THE GENERATIONAL FOUNDATION
- THE SAUNDERSON FOUNDATION
- THE GRANT FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ARNAUD MASSENET FAMILY FOUNDATION | £581k | — | 0 | unclear | — | no doubt |
| NNS FOUNDATION | £10.0m | — | 0 | unclear | — | no doubt |
| The Gerald and Gail Ronson Family Foundation | £660k | — | — | below | — | no doubt |
| THE HEARN FOUNDATION | £4.4m | — | 0 | above | — | no doubt |
| THE GENERATIONAL FOUNDATION | £1.4m | — | 0 | unclear | — | no doubt |
| THE SAUNDERSON FOUNDATION | £442k | — | 0 | unclear | — | no doubt |