UT FOUNDATION UK LIMITED
The charity promotes the advancement of learning and education in particular (but without limitation) at the University of Texas in Austin.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £18,135 at year-end, which exceeds its stated policy target of retaining up to £5,000 to meet general expenses. The trustees report that budgeted income and expenditure, together with funds held, are sufficient for the charity to continue as a going concern.
What the accounts disclose
“Total donations of £38,212 were received during the year of which £120 (plus £30 gift-aid tax) were restricted for the Dan Knopf Graduate Support Endowment Fund and the remaining for unrestricted charitable activities.” — page 3
“To achieve its objectives, the charity has elected to donate all its incoming resources to the designated institutions. Therefore, all funds are utilised for either unrestricted or restricted charitable purposes, and, as a policy, funds are not retained in general reserves, save to meet general expenses of up to £5,000.” — page 3
“The University of Texas Foundation, Inc., a not-for-profit registered charity in the State of Texas, USA and is the ultimate controlling party and beneficiary of the charitable donations made by the company and it bears the annual audit and accountancy costs amounting to £1,500 (2024 -£2040). It also contributed £10,453 (2024 - £6,674) towards the charity's finance and administration costs. These contributions are recorded as part of other income in the accounts.” — page 4
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Douglas Bruce Glass
- Dounia Nadar
- Dr Jamie Cantara
- Jeffrey Eldredge
- Sarah Chisholm
- Sharon DeSpain
- Thomas Perich
- Veronica Stoller
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £60k | £47k |
| 31/12/2024 | £1.6m | £1.6m |
| 31/12/2023 | £1.6m | £1.6m |
| 31/12/2022 | £1.5m | £1.5m |
Common questions
Is UT FOUNDATION UK LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £18,135 at year-end, which exceeds its stated policy target of retaining up to £5,000 to meet general expenses. The trustees report that budgeted income and expenditure, together with funds held, are sufficient for the charity to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds UT FOUNDATION UK LIMITED?
Funders whose own accounts filings name UT FOUNDATION UK LIMITED as a grant recipient include National Philanthropic Trust UK Limited.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| National Philanthropic Trust UK Limited | FY2024 | £1.6m | |
| National Philanthropic Trust UK Limited | FY2025 | £1.6m | |
| National Philanthropic Trust UK Limited | FY2023 | £815k |