THE SPECTRIS FOUNDATION
Advancing education in science, technology, engineering and maths (STEM subjects) inparticular with the aim of increasing diversity in STEM subjects and improving representation of underprivileged students. Operating internationally in the UK, the United States, Netherlands, Denmark, Germany, China, Brazil, South Korea, Japan, India and other jurisdictions in which a grant would be beneficial.
Financial health, per its FY2024 accounts
The accounts state that unrestricted undesignated reserves were £690,497, which the trustees consider sufficient to meet their policy requirement of holding three months' operating costs. The charity holds significant expendable endowment funds of £16,103,666, providing substantial liquid resources to support future charitable activities and operational stability.
What the accounts disclose
“The trustees reviewed the charity’s reserves policy and concluded that the Foundation should hold no more than 3 months’ operating costs, committed grant payments and future agreed grant making.” — page 14
“Donations of £1,979,819 (2023: £149,321) were received from Spectris plc during the period. In addition donated facilities and services worth £7,651 (2023: £8,935) were provided by Spectris plc and its employees.” — page 30
Leadership, per the charity’s website
- Andrew Heath — Chair
- Rebecca Levy — Foundation Director
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Andrew James Heathchair
- Amit Agarwal
- Angela Margaret Noon
- Ben Bryson
- Karen Usher
- Laura Hughes-Onslow
- Leke Oluwole
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.6m | £1.1m |
| 31/12/2024 | £2.4m | £1.1m |
| 31/12/2023 | £493k | £1.0m |
| 31/12/2022 | £15.3m | £750k |
Common questions
Is THE SPECTRIS FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted undesignated reserves were £690,497, which the trustees consider sufficient to meet their policy requirement of holding three months' operating costs. The charity holds significant expendable endowment funds of £16,103,666, providing substantial liquid resources to support future charitable activities and operational stability. Its FY2024 accounts were audited by Sayer Vincent LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £2.2m |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £674k |
| KUSUMA TRUST UK | 1 | £154k |
| THE APAX FOUNDATION | 1 | £81k |
| THE WILFRED AND ELSIE ELKES CHARITY FUND | 1 | £24k |
| CORAM LIFE EDUCATION | 1 | £22k |
| THE TANLAW FOUNDATION | 1 | £8k |
| THE DAVID BROWNLOW CHARITABLE FOUNDATION | 1 | £250 |
Charities like this
- STANFORD FOUNDATION (UK) LIMITED
- ENTHUSE CHARITABLE TRUST
- THE EDUCATION ENDOWMENT FOUNDATION
- THE ESPRIT FOUNDATION
- THE SUPPORT FOUNDATION
- Community Foundation for Staffordshire and Shropshire
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SPECTRIS FOUNDATION | £1.6m | — | — | above | — | no doubt |
| STANFORD FOUNDATION (UK) LIMITED | £1.0m | — | 0 | above | — | no doubt |
| ENTHUSE CHARITABLE TRUST | £3.4m | — | 0 | unclear | — | no doubt |
| THE EDUCATION ENDOWMENT FOUNDATION | £52.4m | — | 0 | unclear | — | no doubt |
| THE ESPRIT FOUNDATION | £266k | — | 0 | unclear | — | no doubt |
| THE SUPPORT FOUNDATION | £190k | — | 0 | below | — | no doubt |