GOOD BUSINESS FOUNDATION
To promote civic responsibility and good citizenship by promoting and encouraging high standards ofbusiness conduct including running the Good Business Charter, an initiative that recognises responsible business practices.
Financial health, per its FY2025 accounts
The accounts state that the charity is in a strong financial position due to an annual budget commitment from a founder, with unrestricted funds totaling £31,045. The trustees note that the charity does not have a formal reserves policy because administrative costs are currently subsidized by a private donor. The charity relies heavily on this donor support, as membership income covered only 37% of total expenditure.
What the accounts disclose
“1 employee received emoluments between £80,000 and £89,999.” — page 11
“1 employee received emoluments between £80,000 and £89,999.” — page 11
“During the year Good Business Foundation received donations totalling £200,000 (2024: £150,000) from Persula Foundation, charities of which Julian Richer is also a trustee.” — page 12
“During the year Richer Sounds Ltd, a company controlled by one of the trustees, paid expenses on behalf of the Good Business Foundation totalling £248,498 (2024: £200,410).” — page 12
“During the year Good Business Foundation received donations totalling £200,000 (2024: £150,000) from Persula Foundation, charities of which Julian Richer is also a trustee.” — page 12
“During the year Richer Sounds Ltd, a company controlled by one of the trustees, paid expenses on behalf of the Good Business Foundation totalling £248,498 (2024: £200,410).” — page 12
“During the year Good Business Foundation received donations totalling £200,000 (2024: £150,000) from Persula Foundation, charities of which Julian Richer is also a trustee.” — page 12
“During the year Richer Sounds Ltd, a company controlled by one of the trustees, paid expenses on behalf of the Good Business Foundation totalling £248,498 (2024: £200,410).” — page 12
“During the year Good Business Foundation received donations totalling £200,000 (2024: £150,000) from Persula Foundation, charities of which Julian Richer is also a trustee.” — page 12
“During the year Richer Sounds Ltd, a company controlled by one of the trustees, paid expenses on behalf of the Good Business Foundation totalling £248,498 (2024: £200,410).” — page 12
“During the year Good Business Foundation received donations totalling £200,000 (2024: £150,000) from Persula Foundation, charities of which Julian Richer is also a trustee.” — page 12
“During the year Richer Sounds Ltd, a company controlled by one of the trustees, paid expenses on behalf of the Good Business Foundation totalling £248,498 (2024: £200,410).” — page 12
Trustees
- Simon Richard Foxchair
- JULIAN RICHER
- John Foster
- Katherine Chapman
- Oliver Shah
- Timothy Michael Sharp
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £316k | £309k |
| 31/10/2024 | £234k | £238k |
| 31/10/2023 | £127k | £202k |
| 31/10/2022 | £274k | £180k |
| 31/10/2021 | £88k | £95k |
Common questions
Is GOOD BUSINESS FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity is in a strong financial position due to an annual budget commitment from a founder, with unrestricted funds totaling £31,045. The trustees note that the charity does not have a formal reserves policy because administrative costs are currently subsidized by a private donor. The charity relies heavily on this donor support, as membership income covered only 37% of total expenditure. Its FY2025 accounts were independently examined.
What does the highest-paid employee of GOOD BUSINESS FOUNDATION earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,000 - £89,999 band, and 1 employees earned over £60,000.
Who funds GOOD BUSINESS FOUNDATION?
Funders whose own accounts filings name GOOD BUSINESS FOUNDATION as a grant recipient include PERSULA FOUNDATION.
Shared trustees with funders
- JULIAN RICHER — trustee here and at PERSULA FOUNDATION
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| PERSULA FOUNDATION | FY2024 | £230k | |
| PERSULA FOUNDATION | FY2025 | £150k | |
| PERSULA FOUNDATION | FY2022 | £120k | Grant Paid |
| PERSULA FOUNDATION | FY2023 | £80k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PWC FOUNDATION | 2 | £139k |
| King Charles III Charitable Fund | 1 | — |
| UBS UK Donor-Advised Foundation | 1 | £2.0m |
| EFFECTIVE VENTURES FOUNDATION | 1 | £1.2m |
| THE EARL OF NORTHAMPTON'S CHARITY | 1 | £88k |
| THE T U U T CHARITABLE TRUST | 1 | £55k |
| COLUMBIA THREADNEEDLE FOUNDATION | 1 | £48k |
| THE BEAVERBROOKS CHARITABLE TRUST | 1 | £35k |
Charities like this
- SMART CITIZENS CHARITABLE FOUNDATION
- BLUEPRINT TRUST
- THE PURI FOUNDATION
- THE GOOD FUTURE FOUNDATION CIO
- Founders Pledge Ltd
- THE HYMANS ROBERTSON FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GOOD BUSINESS FOUNDATION | £316k | £80,000 - £89,999 | 1 | unclear | — | no doubt |
| SMART CITIZENS CHARITABLE FOUNDATION | £158k | — | 0 | unclear | — | no doubt |
| BLUEPRINT TRUST | £361k | — | — | above | — | no doubt |
| THE PURI FOUNDATION | £5.3m | — | 0 | above | — | no doubt |
| THE GOOD FUTURE FOUNDATION CIO | £148k | — | 0 | unclear | — | noted |
| Founders Pledge Ltd | £245.8m | — | — | unclear | — | no doubt |