NORTHWESTERN UNIVERSITY (USA) FOUNDATION LIMITED
The Objects of the Charity are:(a) the advancement of learning and education in particular (but without limitation) at or in connection with Northwestern University; (b) such other exclusively charitable purposes under the law of England and Wales as the Trustees may in their absolute discretion determine.
Objects
THE OBJECTS OF THE CHARITY ARE:(A) THE ADVANCEMENT OF LEARNING AND EDUCATION IN PARTICULAR (BUT WITHOUT LIMITATION) AT OR IN CONNECTION WITH NORTHWESTERN UNIVERSITY; AND (B) SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES UNDER THE LAW OF ENGLAND AND WALES AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION DETERMINE
Financial health, per its FY2025 accounts
The accounts state that the charity operated at a net expenditure of £12,793 for the year, resulting in total funds decreasing from £17,571 to £4,778. The trustees' policy is to hold a minimal level of reserves, which aligns with the unrestricted reserves of £3,903. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a 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.” — page 6
“Two trustees made donations amounting to £35,910 to the charity during the year ended 31 August 2025 (2024 — two trustees donated £76,053). The charity has subsequently claimed Gift Aid on these donations. Donations from trustees were received on normal terms and without conditions, therefore confirming no undue influence. There are no further related party transactions to report.” — page 16
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/08/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/08/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/08/2023
- Grant-making is its main activity
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?
Per its FY2025 accounts: The accounts state that the charity operated at a net expenditure of £12,793 for the year, resulting in total funds decreasing from £17,571 to £4,778. The trustees' policy is to hold a minimal level of reserves, which aligns with the unrestricted reserves of £3,903. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NNS FOUNDATION | 1 | £5.1m |
| AKO FOUNDATION | 1 | £3.7m |
| THE BROOMTON FOUNDATION | 1 | £500k |
| ASSOCIATION OF NHS CHARITIES | 1 | £85k |
| UBS UK Donor-Advised Foundation | 1 | £40k |
| THE RCN FOUNDATION | 1 | £30k |
| KUSUMA TRUST UK | 1 | £10k |
Charities like this
- CORNELL UNIVERSITY FOUNDATION (UK) LIMITED
- WELLESLEY COLLEGE FOUNDATION (UK) LIMITED
- DMW TRUST
- STANFORD FOUNDATION (UK) LIMITED
- The Attwood Foundation
- THE PWC FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NORTHWESTERN UNIVERSITY (USA) FOUNDATION LIMITED | £399k | — | 0 | within | — | no doubt |
| CORNELL UNIVERSITY FOUNDATION (UK) LIMITED | £2.7m | — | — | below | — | no doubt |
| WELLESLEY COLLEGE FOUNDATION (UK) LIMITED | £140k | — | — | above | — | no doubt |
| DMW TRUST | £50k | — | 0 | within | — | no doubt |
| STANFORD FOUNDATION (UK) LIMITED | £1.0m | — | 0 | above | — | no doubt |
| The Attwood Foundation | £32k | — | 0 | unclear | — | no doubt |