NORTHWESTERN UNIVERSITY (USA) FOUNDATION LIMITED
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £11,638 against a policy to hold minimal reserves. The charity reported a net expenditure for the year, reducing its total funds from £17,409 to £29,020, with unrestricted funds decreasing from £17,282 to £11,638. The trustees confirmed sufficient resources to meet liabilities and identified no material uncertainties regarding going concern.
What the accounts disclose
“The trustees’ policy is to distribute the majority of income received in the period and to hold a minimal level of reserves.”
“Three trustees made donations amounting to £96,777 to the charity during the year ended 31 August 2023 (2022 – one trustee donated £15,126). The charity has subsequently claimed Gift Aid on two of these donations.” — page 18
Trustees
- David Lively
- Deborah Lewis Norton
- Emily Goldner
- FAIZA SETH
- Jon Pliner
- Julie Allen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £399k | £412k |
| 31/08/2024 | £302k | £313k |
| 31/08/2023 | £292k | £281k |
| 31/08/2022 | £259k | £245k |
| 31/08/2021 | £209k | £207k |
Common questions
Is NORTHWESTERN UNIVERSITY (USA) FOUNDATION LIMITED financially healthy?
The accounts state that unrestricted reserves stood at £11,638 against a policy to hold minimal reserves. The charity reported a net expenditure for the year, reducing its total funds from £17,409 to £29,020, with unrestricted funds decreasing from £17,282 to £11,638. The trustees confirmed sufficient resources to meet liabilities and identified no material uncertainties regarding going concern. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NNS FOUNDATION | 1 | £21.2m |
| Founders Pledge Ltd | 1 | £3.4m |
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |