FORD FAMILY FOUNDATION
the provision of social investments and/or grants, coupled with an option to access business skills and expertise, to support charities and not for profit organisations delivering specific charitable purposes or activities focussing on providing opportunities in economically deprived areas and/or for those individuals who are in need due to their social or economic circumstances.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £2,729,455, a decrease from the previous year's £3,134,263, following a net expenditure of £404,808. The trustees' policy is to distribute income after expenses while retaining a small cash proportion for urgent needs, a target which the current reserves appear to satisfy. The charity reported no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The trustees’ policy is to distribute any income arising in the Foundation, after allowing for operating expenses, but to retain a small proportion of income in reserve as cash to meet urgent needs in advance of expected receipts.” — page 10
“Tony Ford generously gifted his shares in Real Direction Ltd to the Foundation, enabling the organisation to be formally brought into the Foundation’s investment portfolio.” — page 5
Structured financials (annual return, FY ending 31/12/2022)
Trustees
- Anthony John Fordchair
- David Andrew Gardner FCA
- Gemma Louise Burgess
- Iain Andrew Aitken
- Sir Jake Berry
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £167k | £572k |
| 31/12/2023 | £8k | £119k |
| 31/12/2022 | £1.7m | £310k |
| 31/12/2021 | £46k | £2k |
| 31/12/2020 | £19k | £2k |
Common questions
Is FORD FAMILY FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £2,729,455, a decrease from the previous year's £3,134,263, following a net expenditure of £404,808. The trustees' policy is to distribute income after expenses while retaining a small cash proportion for urgent needs, a target which the current reserves appear to satisfy. The charity reported no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BOLTON COMMUNITY AND VOLUNTARY SERVICES | 1 | £33k |
| THE SIMON & ELIZABETH BATEY CHARITABLE TRUST | 1 | £32k |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 1 | £29k |
| Boodles Charitable Trust | 1 | £26k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £23k |
| THE WO STREET CHARITABLE FOUNDATION | 1 | £20k |
| THE SWALLOW TRUST | 1 | £10k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY HURDSFIELD | 1 | £5k |
Charities like this
- RIO FERDINAND FOUNDATION
- THE MOULDING FOUNDATION
- 4 CHARITY FOUNDATION
- PS FOUNDATION
- CHESHIRE COMMUNITY FOUNDATION LIMITED
- THE DONALD GORDON SECOND FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FORD FAMILY FOUNDATION | £167k | — | 0 | unclear | — | no doubt |
| RIO FERDINAND FOUNDATION | £1.3m | £70,001 - £80,000 | 1 | unclear | — | no doubt |
| THE MOULDING FOUNDATION | £2.1m | — | 0 | unclear | — | no doubt |
| 4 CHARITY FOUNDATION | £1.4m | — | 0 | unclear | — | no doubt |
| PS FOUNDATION | £560k | — | 0 | unclear | — | no doubt |
| CHESHIRE COMMUNITY FOUNDATION LIMITED | £2.3m | £60,001 - £70,000 | 1 | unclear | — | no doubt |