RNLI LIFESAVING ENDOWMENT
The Charity shall establish, build and invest an endowment fund for the RNLI.
Financial health, per its FY2024 accounts
The accounts state that the charity holds £56.8M in investments and reported a net surplus of £6.65M for the year ended 31 December 2024, driven by investment gains. The Trustees confirm there are no material uncertainties related to the charity's ability to continue as a going concern. Reserves totalled £56.8M, with the majority held as an expendable endowment.
What the accounts disclose
“Total income was £346,000 (2023: £406,000), principally due to investment income.” — page 4
“The RNLI Lifesaving Endowment donated £569,000 (2023: £502,000) 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.” — 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?
Per its FY2024 accounts: The accounts state that the charity holds £56.8M in investments and reported a net surplus of £6.65M for the year ended 31 December 2024, driven by investment gains. The Trustees confirm there are no material uncertainties related to the charity's ability to continue as a going concern. Reserves totalled £56.8M, with the majority held as an expendable endowment. Its FY2024 accounts were audited by BDO LLP.
Who funds RNLI LIFESAVING ENDOWMENT?
Funders whose own accounts filings name RNLI LIFESAVING ENDOWMENT as a grant recipient include THE BARRY AND PEGGY HIGH FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BARRY AND PEGGY HIGH FOUNDATION | FY2022 | £60k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PHILIP J MILTON AND COMPANY PLC CHARITABLE FOUNDATION | 1 | — |
| THE MICHAEL BISHOP FOUNDATION | 1 | £1.2m |
| THE LATE GWYNETH MON WILLIAMS CHARITABLE TRUST | 1 | £246k |
| THE KENNETH & SUSAN GREEN CHARITABLE FOUNDATION | 1 | £160k |
| THE VALERIE EVELYN MORANT TRUST | 1 | £151k |
| THE LIDBURY FAMILY TRUST | 1 | £100k |
| DILLHAVEN LIMITED | 1 | £92k |
| WHEELER MILL FOUNDATION | 1 | £59k |
Charities like this
- T & S TRUST FUND
- THE ROYAL NATIONAL LIFEBOAT INSTITUTION
- THE RELITHAN CHARITABLE TRUST
- ROYAL NAVY WINTER SPORTS ASSOCIATION
- SELLATA LIMITED
- MW (HO) FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RNLI LIFESAVING ENDOWMENT | £346k | — | 0 | unclear | — | no doubt |
| T & S TRUST FUND | £334k | — | 0 | above | — | no doubt |
| THE ROYAL NATIONAL LIFEBOAT INSTITUTION | £286.7m | more than £60,000 | 125 | within | — | no doubt |
| THE RELITHAN CHARITABLE TRUST | £506k | — | 0 | below | — | no doubt |
| ROYAL NAVY WINTER SPORTS ASSOCIATION | £700k | — | 0 | unclear | — | no doubt |
| SELLATA LIMITED | £158k | — | 0 | above | — | no doubt |