LUCILLE FOUNDATION
The Lucille Foundation is an independent grant-making charitable trust. We fund organisations in the developing world and the UK that promote community empowerment and fight poverty and environmental degradation. The Lucille Foundation does not accept unsolicited applications.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £81,981 for the year ended 31 March 2025, with total unrestricted funds of £1,064,841. The trustees consider these free reserves to be adequate but not excessive in light of their policy to maintain sufficient funds for charitable objects. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“During the year to 31 March 2025, the trustees donated £6,824,850 to the charity (2024 - £5,360,700).” — page 25
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2024) to "above" (FY2025).
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ALEXANDER ALFRED CHARLES DE CARVALHO
- CHARLENE LUCILLE DE CARVALHO HEINEKEN
- CHARLES ANDREW GEORGE DE CARVHALO
- LOUISA LUCILLE HENRIETTA BRASSEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £6.8m | £6.8m |
| 31/03/2024 | £5.4m | £4.7m |
| 31/03/2023 | £4.7m | £5.0m |
| 31/03/2022 | £1.4m | £4.3m |
| 31/03/2021 | £5.5m | £5.0m |
Common questions
Is LUCILLE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income of £81,981 for the year ended 31 March 2025, with total unrestricted funds of £1,064,841. The trustees consider these free reserves to be adequate but not excessive in light of their policy to maintain sufficient funds for charitable objects. 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 Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £600k |
| THE LIZ AND TERRY BRAMALL FOUNDATION | 1 | £100k |
| THE BARTLETT FOUNDATION | 1 | £86k |
| THE ARNOLD BURTON 1998 CHARITABLE TRUST | 1 | £70k |
| GIVE A GIFT | 1 | £45k |
| MILLS AND REEVE CHARITABLE TRUST | 1 | £1k |
Charities like this
- LUMULE FOUNDATION
- THE LANCASHIRE FOUNDATION
- THE WILLIAM LEECH FOUNDATION LIMITED - THE FOUNDATION TRUST
- THE LYNN FOUNDATION
- COMMUNITY FOUNDATION FOR LEEDS
- LSEG Foundation
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LUCILLE FOUNDATION | £6.8m | — | 0 | above | — | no doubt |
| LUMULE FOUNDATION | £171k | — | 0 | unclear | — | no doubt |
| THE LANCASHIRE FOUNDATION | £956k | — | 0 | above | — | no doubt |
| THE WILLIAM LEECH FOUNDATION LIMITED - THE FOUNDATION TRUST | £259k | — | 0 | unclear | — | no doubt |
| THE LYNN FOUNDATION | £217k | — | 0 | unclear | — | no doubt |
| COMMUNITY FOUNDATION FOR LEEDS | £4.5m | £80,001 - £90,000 | 1 | above | — | no doubt |