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.

Objects

THE OBJECT OF THE CHARITY SHALL BE:THE ADVANCEMENT OF EDUCATION OF THE PUBLIC IN THE APPRECIATION OF ART INCLUDING BY MAKING ART AVAILABLE TO THE PUBLIC IN SUCH MUSEUMS, ART GALLERIES AND OTHER SUCH BUILDINGS OR INSTITUTIONS AS THE DIRECTORS SHALL AGREE FROM TIME TO TIME;ANDSUCH OTHER CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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

Registered contact address: Shropshire, West Midlands, England (from the postcode on the register)

Received the assets of JERWOOD CHARITY (charity 1074036) — merger registered 30/06/2025.
Source: Charity Commission register of merged charities (OGL v3.0).
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.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/12/2025

  • Employees paid over £60,000: 1 (£80,001–£90,000: 1)
  • Trustee benefits, answered Yes to: any trustee benefit; other trustee benefit
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2024

  • Employees paid over £60,000: 1 (£80,001–£90,000: 1)
  • Trustee benefits, answered Yes to: any trustee benefit; other trustee benefit
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2023

  • Employees paid over £60,000: 1 (£70,001–£80,000: 1)
  • Trustee benefits, answered Yes to: any trustee benefit
  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

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 4.7 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 5.3%) (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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HAREWOOD HOUSE TRUST LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
JERWOOD FOUNDATION£1.3m——above—no doubt
HAREWOOD HOUSE TRUST LIMITED FY2025£6.0m——below—noted
THE JAMES & SHIRLEY SHERWOOD FOUNDATION FY2025£372k—0unclear—no doubt
WYLDWOOD ARTS FY2025£148k—0unclear—no doubt
THE FOUNDATION FOUNDATION FY2026£177k—0above—no doubt
HARLOW ART TRUST FY2025£490k—0unclear—no doubt

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