MONA HATOUM FOUNDATION
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
“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?
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.