S P LOHIA FOUNDATION
The charity is a grant giving foundation providing grants to individuals and organisations for exclusively charitable purposes in accordance with its grant making policy amended from time to time.
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £358,432, which is above the trustees' stated policy target of maintaining three to six months of expenditure. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“Donations and legacies 2 500,000 1,610,600 2,110,600 505,000” — page 12
“It is the policy of the foundation that unrestricted funds which have not been designated for a specific use should be maintained at a level equivatent to between three and six month's expenditure.” — page 6
Funders the charity credits
- The Children’s Trust
- Icahn School of Medicine at Mount Sinai Hospital
- UNHCR
- Indorama
- Kochi-Muziris Biennale
- Displacement Film Fund
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Sri Prakash Lohiachair
- Aarti Lohia
- Amit Lohia
- Gaurav Kalyani
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.5m | £1.7m |
| 31/12/2023 | £2.1m | £2.0m |
| 31/12/2022 | £505k | £233k |
Common questions
Is S P LOHIA FOUNDATION financially healthy?
Per its FY2023 accounts: The accounts state that unrestricted reserves stood at £358,432, which is above the trustees' stated policy target of maintaining three to six months of expenditure. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by Berkeley Finch Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ADDERSTONE FOUNDATION | 1 | £1.2m |
| THE RIVER FARM FOUNDATION | 1 | £400k |
| SLOANE ROBINSON FOUNDATION | 1 | £200k |
| JEREMY ALEXANDER SETTLEMENT | 1 | £165k |
| THE DAVID AND CLAUDIA HARDING FOUNDATION | 1 | £143k |
| BOOST CHARITABLE TRUST | 1 | £7k |
| THE PUBLIC INTEREST FOUNDATION | 1 | £5k |
| THE EDWARD AND DOROTHY CADBURY TRUST | 1 | £1k |
Charities like this
- THE PURI FOUNDATION
- THE HERITAGE FOUNDATION
- THE PHAROS FOUNDATION
- PONOSI FOUNDATION
- THE MELETE FOUNDATION
- THE PALOMA FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| S P LOHIA FOUNDATION | £1.5m | — | 0 | above | — | no doubt |
| THE PURI FOUNDATION | £5.3m | — | 0 | above | — | no doubt |
| THE HERITAGE FOUNDATION | £463k | — | 0 | above | — | no doubt |
| THE PHAROS FOUNDATION | £1.4m | unclear | 2 | below | — | no doubt |
| PONOSI FOUNDATION | £144k | — | 0 | unclear | — | no doubt |
| THE MELETE FOUNDATION | £157k | — | 0 | unclear | — | no doubt |