GEMFIELDS FOUNDATION
(1) the prevention or relief of poverty by providing grants and awards tocharities and/or other organisations working to prevent or relieve poverty; and(2) the advancement of animal welfare and the conservation and protection ofwildlife and natural habitats by providing grants and awards to charities and/orother organisations working in the field of wildlife protection.
Financial health, per its FY2024 accounts
The accounts state that the charity relies entirely on donations for financial support, with total income of USD68,738 and unrestricted reserves of USD27,533 at year-end. Overhead and administrative costs are borne by the corporate member, Gemfields Limited, meaning the charity incurred no direct staff or management costs. The trustees confirm adequate resources exist to continue operations for the foreseeable future.
What the accounts disclose
“It is the policy of the Charity to ensure that there are sufficient cash reserves to cover all committed grants and statutory costs.”
Trustees
- PHILIPPE EDOUARD BRUNO LAMBLINchair
- EDWARD JOHNSON
- Emily Dungey
- RICHA GOYAL
- Samora Machel
- Sixtus Mulenga
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £55k | £2k |
| 31/12/2023 | £14k | £68k |
| 31/12/2022 | £167k | £192k |
| 31/12/2021 | £90k | £47k |
| 31/12/2020 | £4k | £2k |
Common questions
Is GEMFIELDS FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity relies entirely on donations for financial support, with total income of USD68,738 and unrestricted reserves of USD27,533 at year-end. Overhead and administrative costs are borne by the corporate member, Gemfields Limited, meaning the charity incurred no direct staff or management costs. The trustees confirm adequate resources exist to continue operations for the foreseeable future. Its FY2024 accounts were independently examined.