THE GEORGE FAMILY FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £56,536 at the year end, an increase from the previous year's £13,571. The trustees consider holding reserves unnecessary as they distribute income as grants or donations to the maximum available in any given year. The charity reported a net income of £42,965 for the year, funded primarily by a £150,000 donation from related parties.
What the accounts disclose
“The Trustees have decided that holding reserves is unnecessary as they will only distribute income as donations or grants to the maximum available in any given year.” — page 4
Trustees
- Martin Georgechair
- Michael George
- Simone Large
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £175k | £199k |
| 31/03/2024 | £150k | £271k |
| 31/03/2023 | £150k | £107k |
| 31/03/2022 | £100k | £87k |
Common questions
Is THE GEORGE FAMILY FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £56,536 at the year end, an increase from the previous year's £13,571. The trustees consider holding reserves unnecessary as they distribute income as grants or donations to the maximum available in any given year. The charity reported a net income of £42,965 for the year, funded primarily by a £150,000 donation from related parties. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |