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JERWOOD FOUNDATION

Registered charity 1197386 · accounts filings on the Charity Commission register

The Foundation owns the Jerwood Collection of 20th & 21st century British art, which is available for display in the public domain. We are part of a family of philanthropic organisations and welcome applications for funding for visual and performing arts projects in the UK, particularly with a focus on working with our Collection and making art available for public benefit.

Causes: General Charitable Purposes · Arts/culture/heritage/science · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£1.3m
Latest spending
£1.6m
Registered
2022
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net surplus of £7,387,731 for the year ended 31 December 2025, driven primarily by investment gains. Per the trustees' report, total funds amounted to £73,607,169, with free reserves of £1,632,012, which the trustees consider sufficient to meet future commitments and operational costs.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investment income (100% of income)
“The Foundation’s total income in 2025 was £1,329,069, the majority of which was from investment income.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: One Trustee, Lara Wardle, has been paid for their work as Executive Director employed by the charity. Total remuneration for the year can be found in note 12.
“One Trustee, Lara Wardle, has been paid for their work as Executive Director employed by the charity. Total remuneration for the year can be found in note 12.” — page 24
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rent paid to trustee and husband for office space
“Rent totalling £9,600 (period ending December 2024: £8,400) was paid to a trustee and her husband for the use of their office space. No amounts were outstanding at the year end.” — page 29
“During the year, purchases of £9,592 (2024: £12,575) were made on behalf of two trustees for health insurance. Of this, £7,103 was reimbursed to the Foundation.” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Health insurance purchases for trustees
“Rent totalling £9,600 (period ending December 2024: £8,400) was paid to a trustee and her husband for the use of their office space. No amounts were outstanding at the year end.” — page 29
“During the year, purchases of £9,592 (2024: £12,575) were made on behalf of two trustees for health insurance. Of this, £7,103 was reimbursed to the Foundation.” — page 29
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Ellacotts Audit Services Limited. Discloses 3 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Public profiles (found on the charity’s own website): instagram

Structured financials (annual return, FY ending 31/12/2025)

Total income
£1.3m
Total spending
£1.6m
Cost of raising funds
£250k
Reserves (reported)
£1.6m
Employees
5

Reported reserves equal ~12.1 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Investments (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 18.8% of total income — in the top quarter for charities its size (median 5.2%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£1.3m£1.6m
31/12/2024£31.6m£2.7m
31/12/2023£450k£350k
31/03/2023£34.1m£659k

Common questions

Is JERWOOD FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £7,387,731 for the year ended 31 December 2025, driven primarily by investment gains. Per the trustees' report, total funds amounted to £73,607,169, with free reserves of £1,632,012, which the trustees consider sufficient to meet future commitments and operational costs. Its FY2025 accounts were audited by Ellacotts Audit Services Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
GARFIELD WESTON FOUNDATION1£2.0m
THE FOYLE FOUNDATION1£798k
THE YOUTH ENDOWMENT FUND CHARITABLE TRUST1£543k
THE FREELANDS FOUNDATION LIMITED1£328k
NESTA1£324k
THE MASTER CHARITABLE TRUST1£314k
THE FIDELITY UK FOUNDATION1£218k
THE NATIONAL GALLERY TRUST1£119k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with NATIONAL ART COLLECTIONS FUND.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
JERWOOD FOUNDATION£1.3m——above—no doubt
NATIONAL ART COLLECTIONS FUND FY2024£17.7m£150,001 - £160,000—within—no doubt
THE INGRAM ART FOUNDATION FY2025£152k——unclear—no doubt
ARTSWORK LIMITED FY2025£1.9m——unclear—no doubt
The British Society of Master Glass Painters Charitable Trust FY2024£1.6m—0unclear—no doubt
THE PUBLIC CATALOGUE FOUNDATION FY2025£2.2m—0above7.0%no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.