MONA HATOUM FOUNDATION
The Foundation provides yearly bursaries to three Central Saint Martins postgraduate students.Safe keeps and conserves the artworks belonging to the Foundation. Makes loans of the artworks to public institutions in the UK and abroad.Maintains the artist's physical archive and aims to digitise it.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £3,212,117 at the end of the financial year, a decrease from the previous year's £3,500,557. The trustees confirm that the going concern basis of accounting is appropriate with no material uncertainties identified. The charity's reserves policy is to hold sufficient funds to allow future grants and donations to be made at the trustees' discretion.
What the accounts disclose
“Income for the year related to royalties and loan fees of £2,757 (2024: £3,032), bank interest of £27,767 (2024: £6,124) and proceeds from art sales of £82,486 (2024: £46,423).”
“It is the policy of the charity to hold reserves which are sufficient to allow future grants and donations to be made at the discretion of the trustees.” — page 5
Structured financials (annual return, FY ending 31/03/2021)
Trustees
- Dr Andrea Hanne Lisa Schlieker
- GEORGE RICHARD RILEY
- Gerald Glen Collins
- Mona Hatoum
- TIMOTHY ADAM MAXWELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £113k | £128k |
| 31/03/2024 | £135k | £59k |
| 31/03/2023 | £3k | £132k |
| 31/03/2022 | £89k | £92k |
| 31/03/2021 | £3.5m | £68k |
Common questions
Is MONA HATOUM FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £3,212,117 at the end of the financial year, a decrease from the previous year's £3,500,557. The trustees confirm that the going concern basis of accounting is appropriate with no material uncertainties identified. The charity's reserves policy is to hold sufficient funds to allow future grants and donations to be made at the trustees' discretion. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FUNDING NETWORK | 1 | £85k |
| THE LOVINGTON FOUNDATION | 1 | £39k |
| The Portal Trust | 1 | £20k |
| NETWORK FOR SOCIAL CHANGE CHARITABLE TRUST | 1 | £19k |
| THE CHILDHOOD TRUST | 1 | £13k |
| THE DAVID FAMILY FOUNDATION | 1 | £0 |
Charities like this
- STUART HALL FOUNDATION
- THE HENRY MOORE FOUNDATION
- MARIA BJORNSON MEMORIAL FUND
- THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE
- THE FOUNDATION FOUNDATION
- JMWM HUSSAIN FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MONA HATOUM FOUNDATION | £113k | — | 0 | unclear | — | no doubt |
| STUART HALL FOUNDATION | £212k | — | 0 | unclear | — | no doubt |
| THE HENRY MOORE FOUNDATION | £8.0m | £150,001 - £160,000 | — | below | — | no doubt |
| MARIA BJORNSON MEMORIAL FUND | £283k | — | 0 | unclear | — | no doubt |
| THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE | £133k | — | 0 | above | — | no doubt |
| THE FOUNDATION FOUNDATION | £173k | — | 0 | above | — | no doubt |