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.
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
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 |
|---|---|---|
| WISEHEIGHTS LIMITED | 1 | £755k |
| CHURCH REVITALISATION TRUST | 1 | £117k |
| NORFOLK COMMUNITY FOUNDATION | 1 | £67k |
| THE ELLERDALE TRUST | 1 | £10k |
| BONAMY CHARITABLE TRUST | 1 | £7k |
| THE PAUL BASSHAM CHARITABLE TRUST | 1 | £5k |
Charities like this
- Sir Harry & Lady Judith Solomon Charitable Foundation
- SAO FOUNDATION
- Sahamiye Foundation
- SF FOUNDATION
- AS-SALAAM HUMANITARIAN FOUNDATION
- SMS 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 |
| Sir Harry & Lady Judith Solomon Charitable Foundation | £4.0m | — | 0 | unclear | — | no doubt |
| SAO FOUNDATION | £812k | — | 0 | unclear | — | no doubt |
| Sahamiye Foundation | £162k | — | 0 | below | — | no doubt |
| SF FOUNDATION | £7.7m | — | 0 | above | — | no doubt |
| AS-SALAAM HUMANITARIAN FOUNDATION | £538k | — | 0 | unclear | — | no doubt |