HOLLYHOCK CHARITABLE FOUNDATION
To advance such charitable purposes in particular by providing grants. These grants will be used primarily to:(a) prevent or relieve poverty worldwide for individuals in need;(b) advance the health and wellbeing of the general public;(c) support programmes which promote and advance the education of the general public; and(d) promote and support Christianity.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £24,723,401 at the end of the financial year, with all funds being freely expendable. The trustees consider these reserves to be appropriate and adequate to cover planned grant-making commitments and budgeted expenditure for the next twelve months. Consequently, the trustees are satisfied that the charity can continue as a going concern despite its intention to wind down over the next four to five years.
What the accounts disclose
“The principal funding for the Foundation came by way of voluntary donations from an unconnected third party and there were no restrictions attached to these.” — page 8
“During the year ended 31 December 2024 there were no related party transactions (2023: a donation of £172,000 was received from the brother of trustee. There were no conditions attached to the donation)” — page 23
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- SIMON BROOKSchair
- Berta Burguera Arienza
- DR SIMON DAVID PECK
- Rupert William Elwes
- Simon Alexander Mark Jeffries
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £385k | £5.2m |
| 31/12/2023 | £3.9m | £5.7m |
| 31/12/2022 | £26.7m | £2.3m |
| 31/12/2021 | £3.9m | £2.7m |
| 31/12/2020 | £2.4m | £2.4m |
Common questions
Is HOLLYHOCK CHARITABLE FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £24,723,401 at the end of the financial year, with all funds being freely expendable. The trustees consider these reserves to be appropriate and adequate to cover planned grant-making commitments and budgeted expenditure for the next twelve months. Consequently, the trustees are satisfied that the charity can continue as a going concern despite its intention to wind down over the next four to five years. Its FY2024 accounts were audited by Azets Audit Services Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NATIONWIDE FOUNDATION | 1 | £1.9m |
| TRUST FOR LONDON | 1 | £124k |
| THE WESTMINSTER FOUNDATION | 1 | £94k |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | 1 | £50k |
| LLOYDS BANK FOUNDATION FOR ENGLAND & WALES | 1 | £50k |
| WESTMINSTER AMALGAMATED CHARITY | 1 | £34k |
| THE A B CHARITABLE TRUST | 1 | £22k |
| THE ACCESS TO JUSTICE FOUNDATION | 1 | £5k |
Charities like this
- JOHN JAMES CHARITABLE TRUST
- MRS R P TINDALL'S CHARITABLE TRUST
- THE CORNERSTONE CHURCH GROUP
- GRAHAME CHARITABLE FOUNDATION LIMITED
- THE ZACCHAEUS 2000 TRUST
- H P CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HOLLYHOCK CHARITABLE FOUNDATION | £385k | — | 0 | unclear | — | no doubt |
| JOHN JAMES CHARITABLE TRUST | £344k | — | 0 | unclear | — | no doubt |
| MRS R P TINDALL'S CHARITABLE TRUST | £119k | — | 0 | unclear | — | no doubt |
| THE CORNERSTONE CHURCH GROUP | £226k | — | 0 | unclear | — | no doubt |
| GRAHAME CHARITABLE FOUNDATION LIMITED | £262k | — | 0 | unclear | — | noted |
| THE ZACCHAEUS 2000 TRUST | £956k | £70,001 - £80,000 | 1 | within | — | no doubt |