RNLI LIFESAVING ENDOWMENT
Financial health, per its FY2023 accounts
The accounts state that the charity holds £50.2M in investments and reported a net income of £4,236k for the year ended 31 December 2023. The trustees have assessed that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The charity has no employees and reimburses the RNLI for direct administration costs.
What the accounts disclose
“The RNLI Lifesaving Endowment donated £502K (2022: £459K) to the RNLI during the period. The RNLI recharged the administration costs of the charitable incorporated organisation, for example, auditor fees, legal fees and investment fees. The RNLI also provided accounting support for which no charge was made.” — page 20
Structured financials (annual return, FY ending 31/12/2021)
Register events
- Received assets from another charity (12/08/2022)
Trustees
- Denis Woulfe
- EDWARD FREDERIC COLIN DONALDSON
- Jamshaid Islam
- Janet Legrand
- Mark Gregory Wordsworth
- Paul O'Leary
- Robert Boddington
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £346k | £592k |
| 31/12/2023 | £406k | £524k |
| 31/12/2022 | £345k | £477k |
| 31/12/2021 | £566k | £952k |
| 30/06/2020 | £42.4m | £30k |
Common questions
Is RNLI LIFESAVING ENDOWMENT financially healthy?
The accounts state that the charity holds £50.2M in investments and reported a net income of £4,236k for the year ended 31 December 2023. The trustees have assessed that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The charity has no employees and reimburses the RNLI for direct administration costs. Its FY2023 accounts were audited by BDO LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LATE GWYNETH MON WILLIAMS CHARITABLE TRUST | 1 | £155k |
| THE VALERIE EVELYN MORANT TRUST | 1 | £151k |
| THE KENNETH & SUSAN GREEN CHARITABLE FOUNDATION | 1 | £130k |
| THE LIDBURY FAMILY TRUST | 1 | £100k |
| DILLHAVEN LIMITED | 1 | £71k |
| WHEELER MILL FOUNDATION | 1 | £59k |
| BEAULAND LIMITED | 1 | £57k |
| THE COYSH FAMILY CHARITABLE TRUST | 1 | £23k |