THE DOWNING FOUNDATION
The Downing Foundation makes grants to support a wide range of charities and advance a wide range of charitable purposes. The Foundation supports c.3 charities at time, which are elected by the employees of Downing LLP. The support is intended for the benefit of the general public and specifically, to charities in the local community.
Financial health, per its FY2023 accounts
The accounts state that the charity generated a surplus of £92,478 and held unrestricted reserves of £112,543 at the year end. The trustees report that these reserves are sufficient to cover running costs and allow the charity to continue its activities. No material uncertainties or risks to going concern were identified in the filing.
What the accounts disclose
“Donations received during the year totalled £118,597 (2022 - £28,635.00).” — page 4
“The charity aims to maintain reserves to cover the running costs of the charity.”
“During the year donations totalling £111,493 were received from Downing LLP the sole member of the charity. At the balance sheet date amounts totalling £nil (2022- £1,362) were due from Downing LLP.” — page 14
Trustees
- James Alexander Weaverchair
- Nicholas Peter Lewis
- Paul Joseph Harbard
- Stephen Edwin John Compson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £439k | £334k |
| 31/05/2024 | £12k | £52k |
| 31/05/2023 | £119k | £26k |
| 31/05/2022 | £29k | £9k |
| 31/05/2021 | £7k | £7k |
Common questions
Is THE DOWNING FOUNDATION financially healthy?
Per its FY2023 accounts: The accounts state that the charity generated a surplus of £92,478 and held unrestricted reserves of £112,543 at the year end. The trustees report that these reserves are sufficient to cover running costs and allow the charity to continue its activities. No material uncertainties or risks to going concern were identified in the filing. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MISS W E LAWRENCE 1973 CHARITABLE SETTLEMENT | 1 | £3k |
Charities like this
- DOWNE HOUSE FOUNDATION
- THE DOW CLEWER FOUNDATION
- THE DOWNS SCHOOL TRUST
- THE GRANT THORNTON FOUNDATION
- FAMILY FOUNDATIONS TRUST LIMITED
- DHD FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE DOWNING FOUNDATION | £439k | — | 0 | above | — | no doubt |
| DOWNE HOUSE FOUNDATION | £393k | — | 0 | within | — | no doubt |
| THE DOW CLEWER FOUNDATION | £258k | — | 0 | unclear | — | no doubt |
| THE DOWNS SCHOOL TRUST | £106k | — | 0 | unclear | — | no doubt |
| THE GRANT THORNTON FOUNDATION | £364k | — | 0 | unclear | — | no doubt |
| FAMILY FOUNDATIONS TRUST LIMITED | £327k | — | 0 | above | — | no doubt |