THE GENERATIONAL FOUNDATION
The Foundation makes grants to charities and non-profit bodies in furtherance of its charitable purposes
Objects
THE OBJECTS OF THE CIO ARE TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) FOR THE PUBLIC BENEFIT AS THE CHARITY TRUSTEES SHALL SEE FIT FROM TIME TO TIME.
Financial health, per its FY2024 accounts
The accounts state that the charity's work is entirely reliant on donations from two trustees, with total funds amounting to £1,006,681 at year-end. The charity has no employees and minimal overheads, resulting in a net income of £402,358 for the year. The trustees have not adopted a formal reserves policy due to the charity's significant unrestricted funds and minimal anticipated costs.
What the accounts disclose
“Donations (inc. Gift Aid) 1,380,385”
“Mr and Mrs Headley, trustees of the Charity, donated to the Charity in cash £1,000,000 on 25 January 2024 and £5,385 on 8 August 2024 to be used to develop the work of the Charity in accordance with its Trust Deed.” — page 21
Policies the charity declares
- Conflicting interests
- Investment
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2022
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
1 annual return is past its due date with no recorded received date (Charity Commission register).
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Andrew Nicholas Headley
- Meg Joelle Headley
- Zoe Cronin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | — | — |
| 31/12/2024 | £1.4m | £992k |
| 31/12/2023 | £9k | £415k |
| 31/12/2022 | £1.0m | £1.1m |
| 31/12/2021 | £1.3m | £120k |
Common questions
Is THE GENERATIONAL FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity's work is entirely reliant on donations from two trustees, with total funds amounting to £1,006,681 at year-end. The charity has no employees and minimal overheads, resulting in a net income of £402,358 for the year. The trustees have not adopted a formal reserves policy due to the charity's significant unrestricted funds and minimal anticipated costs. Its FY2024 accounts were audited by Haines Watts Wolverhampton Limited.
Who funds THE GENERATIONAL FOUNDATION?
Funders whose own accounts filings name THE GENERATIONAL FOUNDATION as a grant recipient include THE GENERATIONAL FOUNDATION.
Shared trustees with funders
- Andrew Nicholas Headley — trustee here and at THE GENERATIONAL FOUNDATION
- Meg Joelle Headley — trustee here and at THE GENERATIONAL FOUNDATION
- Zoe Cronin — trustee here and at THE GENERATIONAL FOUNDATION
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE GENERATIONAL FOUNDATION | FY2022 | £500k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| RAMBLERS HOLIDAYS CHARITABLE TRUST | 1 | £7k |
Charities like this
- THE GENERATIONS FOUNDATION
- THE GENERATION TRUST
- GENERATIONS CHURCH
- THE GEORGE FAMILY FOUNDATION
- THE HERITAGE FOUNDATION
- THE GENERATION FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE GENERATIONAL FOUNDATION | £1.4m | — | 0 | unclear | — | no doubt |
| THE GENERATIONS FOUNDATION | £138k | — | 0 | unclear | — | no doubt |
| THE GENERATION TRUST | £42k | — | 0 | above | — | no doubt |
| GENERATIONS CHURCH | £151k | — | 0 | unclear | — | no doubt |
| THE GEORGE FAMILY FOUNDATION | £175k | — | 0 | unclear | — | no doubt |
| THE HERITAGE FOUNDATION | £463k | — | 0 | above | — | no doubt |