DR. MARTENS FOUNDATION
The principal activities of Dr. Martens Foundation is to distribute money in the form of grants for specific charitable purposes, in support of advancing social justice.
Financial health, per its FY2025 accounts
The accounts state that the Dr. Martens Foundation reported a net expense of £177,000 for the year ended 31 March 2025, driven by charitable grants of £824,000 against total income of £905,000. Unrestricted reserves decreased to £74,000 from £251,000 in the prior year, though the trustees confirm this remains above their target of three months' forecasted operational costs. The foundation relies on donations from the Dr. Martens Group and maintains a simple structure with no long-term financial commitments.
What the accounts disclose
“The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of forecasted operational cost expenditure plus potential statutory redundancy liabilities.” — page 5
Corporate structure
- Registered company of the charity Companies House 13174032
Company officers (Companies House)
- GILLESPIE, Paul Benjamin on trustee list
- SPARKS, JR., Dennis Maurice not on trustee list
- RAEYMAEKERS, Greet on trustee list
- SHORES, Pamela on trustee list
- MEKIK ARGUEDAS SCHWANK, Tuze not on trustee list
- REICHWALD, Emily Clare on trustee list
- ARMSTRONG, Paul Richard on trustee list
- WOOF, Zhwan
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Emily Reichwaldchair
- Dennis Sparks Jr.
- Greet Raeymaekers
- PAMELA SHORES
- PAUL RICHARD ARMSTRONG
- Paul Benjamin Gillespie
- Tuze Mekik Arguedas Schwank
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £904k | £1.1m |
| 31/03/2024 | £935k | £2.0m |
| 31/03/2023 | £181k | £1.2m |
| 31/03/2022 | £3.3m | £861k |
Common questions
Is DR. MARTENS FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the Dr. Martens Foundation reported a net expense of £177,000 for the year ended 31 March 2025, driven by charitable grants of £824,000 against total income of £905,000. Unrestricted reserves decreased to £74,000 from £251,000 in the prior year, though the trustees confirm this remains above their target of three months' forecasted operational costs. The foundation relies on donations from the Dr. Martens Group and maintains a simple structure with no long-term financial commitments. Its FY2025 accounts were audited by PricewaterhouseCoopers LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DONATING CHARITY LIMITED | 1 | £1.1m |
| 4 CHARITY FOUNDATION | 1 | £290k |
| THE UKI CHARITABLE FOUNDATION | 1 | £157k |
| MOYNITRUST | 1 | £15k |
Charities like this
- THE MARTYN BRACEGIRDLE CHARITABLE FOUNDATION
- THE MILES MORLAND FOUNDATION
- THE INJUSTICE FOUNDATION
- THE J VAN MARS FOUNDATION
- The Ross Foundation
- THE MARQUE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DR. MARTENS FOUNDATION | £904k | — | — | above | — | no doubt |
| THE MARTYN BRACEGIRDLE CHARITABLE FOUNDATION | £148k | — | 0 | unclear | — | no doubt |
| THE MILES MORLAND FOUNDATION | £235k | — | — | within | — | no doubt |
| THE INJUSTICE FOUNDATION | £609k | — | 0 | unclear | 55000.0% | no doubt |
| THE J VAN MARS FOUNDATION | £4.4m | — | 0 | unclear | — | no doubt |
| The Ross Foundation | £2.1m | — | 0 | above | — | no doubt |