SALOMAN FOUNDATION
Saloman Foundation is a newly formed charity aiming, inter alia, to relieve poverty and financial hardship, and to support the advancement of health.
Objects
THE OBJECT OF THE CIO IS:TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE TRUSTEES SEE FIT FROM TIME TO TIME.
Financial health, per its FY2026 accounts
The accounts state that unrestricted funds increased to £3,674,267, driven by a significant net income of £2,975,524 which included substantial investment gains. The charity maintains a cash balance of £439,546 and reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“Saloman Foundation intend to apply income by the award of grants in pursuit of it's charitable objectives, whilst maintaining capital reserves for more significant medium term projects, and to generate income in future years.” — page 4
Policies the charity declares
- 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
- 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 31/01/2026
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/01/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/01/2024
- Grant-making is its main activity
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- Paul Neumannchair
- David Marx
- Dr Shuoying Cao
- Martyn Leigh Sherman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2026 | £231k | £158k |
| 31/01/2025 | £3.0m | £52k |
| 31/01/2024 | £609k | £300 |
| 31/01/2023 | £0 | £120 |
Common questions
Is SALOMAN FOUNDATION financially healthy?
Per its FY2026 accounts: The accounts state that unrestricted funds increased to £3,674,267, driven by a significant net income of £2,975,524 which included substantial investment gains. The charity maintains a cash balance of £439,546 and reports no material uncertainties regarding its ability to continue as a going concern. Its FY2026 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GOD MY SILENT PARTNER FOUNDATION | 1 | £146k |
| GIVE US A CHANCE | 1 | £15k |
| THE PWC FOUNDATION | 1 | £10k |
| B K CHARITABLE TRUST | 1 | £8k |
| UK FRIENDS OF AHAVAS CHESED | 1 | £6k |
| PERSONAL ASSURANCE CHARITABLE TRUST | 1 | £1k |
| CBRE UK CHARITABLE TRUST | 1 | £1k |
Charities like this
- SUMERIAN FOUNDATION
- SALAM CHARITY
- AS-SALAAM FOUNDATION
- AS-SALAAM HUMANITARIAN FOUNDATION
- SULTANA FOUNDATION
- Sangam Foundation
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SALOMAN FOUNDATION | £231k | — | 0 | unclear | — | no doubt |
| SUMERIAN FOUNDATION | £758k | — | 0 | above | — | no doubt |
| SALAM CHARITY | £2.7m | — | 0 | unclear | — | no doubt |
| AS-SALAAM FOUNDATION | £54k | — | 0 | unclear | — | no doubt |
| AS-SALAAM HUMANITARIAN FOUNDATION | £538k | — | 0 | unclear | — | no doubt |
| SULTANA FOUNDATION | £55k | — | 0 | unclear | — | no doubt |