THE ALBERT GUBAY CHARITABLE FOUNDATION
The charity funds projects run by registered charities in England, Wales, Isle of Man and Republic of Ireland. The charity aims to change the lives of people most in need through its grants, as well as supporting the Roman Catholic Church and its associated registered charities. The Foundation makes grants from its three funds, The British Church Fund, The General Fund and The Irish Church Fund.
Objects
(1) THE TRUSTEES SHALL STAND POSSESSED OF THE INCOME OF THE IRISH CHURCH FUND UPON TRUST TO PAY OR APPLY IT ONLY FOR SUCH PURPOSES OF THE ROMAN CATHOLIC CHURCH IN THE REPUBLIC OF IRELAND AS ARE CHARITABLE AND AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT PROVIDED THAT THE TRUSTEES MAY MAKE PAYMENTS OR TRANSFER ASSETS TO THE ROMAN CATHOLIC CHURCH IN EXECUTION OF THIS TRUST ONLY FOR SPECIFIC AND CLEARLY IDENTIFIED PURPOSES.(2) THE TRUSTEES SHALL STAND POSSESSED OF THE INCOME OF THE BRITISH CHURCH FUND UPON TRUST TO PAY OR APPLY IT ONLY FOR SUCH PURPOSES OF THE ROMAN CATHOLIC CHURCH IN THE BRITISH TERRITORY AS ARE CHARITABLE AND AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT PROVIDED THAT THE TRUSTEES MAY MAKE PAYMENTS OR TRANSFER ASSETS TO THE ROMAN CATHOLIC CHURCH IN EXECUTION OF THIS TRUST ONLY FOR SPECIFIC AND CLEARLY IDENTIFIED PURPOSES.(3) THE TRUSTEES SHALL STAND POSSESSED OF THE INCOME OF THE GENERAL FUND UPON TRUST TO PAY OR APPLY IT ONLY FOR SUCH PURPOSES AS ARE CHARITABLE AND AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT AND WHICH FALL TO BE PERFORMED OR ACHIEVED IN ONE OR MORE OF THE ISLE OF MAN, ENGLAND AND WALES AND THE REPUBLIC OF IRELAND AND, FOR THE AVOIDANCE OF DOUBT, SUCH PURPOSES SHALL INCLUDE THE PURPOSES OF THE ROMAN CATHOLIC CHURCH IN THE REPUBLIC OF IRELAND AND IN THE BRITISH TERRITORY.
Financial health, per its FY2026 accounts
The accounts state that the Foundation holds unrestricted funds of £113,305,212, which are classified as restricted income funds intended to maintain grant-making capacity. The filing notes that this level of funds is considered sufficient to support ongoing activities, with total net assets standing at £654,606,827 for the Foundation and £733,847,922 for the Group. The trustees report no material uncertainties regarding going concern and confirm adequate resources to continue operations for the foreseeable future.
What the accounts disclose
“Our policy is, therefore to maintain funds at a level that will provide means of annual operating surpluses and judicious management of expenses and of our foreign exchange risk.”
“The total amount received as remuneration by four Directors of the Trustee Company for their services as Directors amounted to £167,581 (2025: £163,346). The Directors who received remuneration for their services as Directors during the period were John Peers £36,434 (2025: £36,000), Mark Jones £35,474 (2025: £34,023), accrued cost Andrew Green £57,899 (2025: £56,162) and John Nugent £37,774 (2025: £37,161). The total amount received as remuneration by two Directors of the Trustee Company as employees in Derwent Estates Limited amounted to £310,527 (2025: £298,698).” — page 42
“Group service recharge of £2,414,213 (2025: £2,174,939) paid to Derwent Estates Limited” — page 58
“Qualifying charitable donation of £837,385 (2025: £409,648) from Derwent Development Management Limited” — page 59
“Group service recharge of £2,414,213 (2025: £2,174,939) paid to Derwent Estates Limited” — page 58
“Qualifying charitable donation of £837,385 (2025: £409,648) from Derwent Development Management Limited” — page 59
“Group service recharge of £2,414,213 (2025: £2,174,939) paid to Derwent Estates Limited” — page 58
“Qualifying charitable donation of £837,385 (2025: £409,648) from Derwent Development Management Limited” — page 59
“Group service recharge of £2,414,213 (2025: £2,174,939) paid to Derwent Estates Limited” — page 58
“Qualifying charitable donation of £837,385 (2025: £409,648) from Derwent Development Management Limited” — page 59
“Group service recharge of £2,414,213 (2025: £2,174,939) paid to Derwent Estates Limited” — page 58
“Qualifying charitable donation of £837,385 (2025: £409,648) from Derwent Development Management Limited” — page 59
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2026
- Employees paid over £60,000: 16 (£60,001–£70,000: 2; £70,001–£80,000: 3; £80,001–£90,000: 2; £90,001–£100,000: 1; £100,001–£110,000: 2; £110,001–£120,000: 2; £130,001–£140,000: 1; £140,001–£150,000: 1; £150,001–£200,000: 1; £200,001–£250,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for acting as trustee
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2025
- Employees paid over £60,000: 17 (£60,001–£70,000: 3; £70,001–£80,000: 3; £80,001–£90,000: 1; £90,001–£100,000: 1; £100,001–£110,000: 3; £110,001–£120,000: 2; £130,001–£140,000: 1; £140,001–£150,000: 1; £150,001–£200,000: 2)
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for acting as trustee
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Employees paid over £60,000: 17 (£60,001–£70,000: 5; £70,001–£80,000: 1; £80,001–£90,000: 3; £90,001–£100,000: 1; £100,001–£110,000: 2; £110,001–£120,000: 1; £120,001–£130,000: 2; £150,001–£200,000: 2)
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for acting as trustee
- Has a trading subsidiary
- Grant-making is its main activity
Structured financials (annual return, FY ending 31/03/2026)
Trustees
- THE ALBERT GUBAY TRUSTEE LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £56.6m | £30.3m |
| 31/03/2025 | £55.4m | £30.2m |
| 31/03/2024 | £52.4m | £25.8m |
| 31/03/2023 | £45.6m | £26.4m |
| 31/03/2022 | £40.8m | £17.4m |
Common questions
Is THE ALBERT GUBAY CHARITABLE FOUNDATION financially healthy?
Per its FY2026 accounts: The accounts state that the Foundation holds unrestricted funds of £113,305,212, which are classified as restricted income funds intended to maintain grant-making capacity. The filing notes that this level of funds is considered sufficient to support ongoing activities, with total net assets standing at £654,606,827 for the Foundation and £733,847,922 for the Group. The trustees report no material uncertainties regarding going concern and confirm adequate resources to continue operations for the foreseeable future. Its FY2026 accounts were audited by KPMG Audit LLC.
Who funds THE ALBERT GUBAY CHARITABLE FOUNDATION?
Funders whose own accounts filings name THE ALBERT GUBAY CHARITABLE FOUNDATION as a grant recipient include UNSEEN (UK).
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| UNSEEN (UK) | FY2025 | £60k | General |
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ALBERT GUBAY CHARITABLE FOUNDATION | £56.6m | — | — | unclear | — | no doubt |
| THE ALBURYS CHARITABLE FOUNDATION | £73k | — | 0 | above | — | no doubt |
| THE ANTONY BOOT CHARITABLE TRUST | £1.4m | — | 0 | above | — | no doubt |
| PETER SOWERBY FOUNDATION | £1.4m | — | 0 | unclear | — | no doubt |
| THE HIBOU FOUNDATION | £149k | — | 0 | unclear | — | no doubt |
| ERNEST HECHT CHARITABLE FOUNDATION | £29k | — | 0 | below | — | not going concern |