Charity Accounts Intelreading the accounts so you don’t have to

THE FIDELIS FOUNDATION

Registered charity 1192699 · accounts filings on the Charity Commission register

The charity is a grant making foundation, it does not directly implement charitable works but provides financial support to organisations that do.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Latest income
£2.2m
Latest spending
£1.9m
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with unrestricted reserves of $1,892,709, which the trustees consider to be in line with their policy target of holding reserves equivalent to between six and twelve months of average expenditure. The charity reported a surplus on operating activities of $414,344 and holds no restricted funds, with all income derived from unrestricted donations and investment gains.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: The Fidelis Partnership (99% of income)
“The Foundation receives the majority of its income from an annual donation from The Fidelis Partnership.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: between six and twelve months of the organization’s average expenditure including grants (held: £1.9m)
“The Foundation aims to hold reserves equal to between six and twelve months of the organization’s average expenditure including grants.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: In-kind support from The Fidelis Partnership
“The charity does not yet have any such assets, thanks to the in kind support of The Fidelis Partnership who provide office space and equipment pro bono.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Sterling Partners Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£2.2m
Total spending
£1.9m
Reserves (reported)
£1.5m
Employees
0

Reported reserves equal ~9.7 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bermuda · Ireland · Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£2.2m£1.9m
31/12/2023£4k£942k
31/12/2022£2.5m£895k
31/12/2021£1.3m£744k

Common questions

Is THE FIDELIS FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity ended the year with unrestricted reserves of $1,892,709, which the trustees consider to be in line with their policy target of holding reserves equivalent to between six and twelve months of average expenditure. The charity reported a surplus on operating activities of $414,344 and holds no restricted funds, with all income derived from unrestricted donations and investment gains. Its FY2024 accounts were audited by Sterling Partners Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE ADDERSTONE FOUNDATION1£1.2m
THE CHRISTOPHER AND HENRY OLDFIELD TRUST1£25k
THE COLYER-FERGUSSON CHARITABLE TRUST1£15k
BOOST CHARITABLE TRUST1£7k
THE SIR BERNARD & LADY SCHREIER FOUNDATION1£6k
THE DULVERTON TRUST1£5k
WHITEHEAD MONCKTON CHARITABLE FOUNDATION1£3k
THE EDWARD AND DOROTHY CADBURY TRUST1£1k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE OCTOPUS FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE FIDELIS FOUNDATION£2.2m—0within—no doubt
THE OCTOPUS FOUNDATION FY2025£329k—0unclear—no doubt
THE MILES MORLAND FOUNDATION FY2025£235k——within—no doubt
HEDLEY FOUNDATION LIMITED FY2024£1.5m—0above—no doubt
BRIAN WILSON CHARITABLE TRUST FY2025£126k—0above—no doubt
THE MCLAIN FOUNDATION LIMITED FY2024£2.8m—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.