JERWOOD FOUNDATION
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.
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.
What the accounts disclose
“The Foundation’s total income in 2025 was £1,329,069, the majority of which was from investment income.” — page 7
“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
“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
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- 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
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- 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 31/12/2025
- 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
Leadership, per the charity’s website
- Rupert Tyler — Chairman
- Lara Wardle — Executive Director
- Alan Grieve — Chairman Emeritus
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (28/11/2024)
Trustees
- Rupert David Tylerchair
- Christopher William King
- Julia Wharton
- KATHARINE GOODISON
- Kathrin Kahrass Carmona e Costa
- Lara Wardle
- Lucy Amanda Ash
- Miranda Thompson-Schwab
- PHILIPPA VICTORIA CAMPBELL
- TARA LOUISE MAYHEW
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
Charities like this
- HAREWOOD HOUSE TRUST LIMITED
- THE JAMES & SHIRLEY SHERWOOD FOUNDATION
- WYLDWOOD ARTS
- THE FOUNDATION FOUNDATION
- HARLOW ART TRUST
- THE HERTFORD MUSEUM CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| JERWOOD FOUNDATION | £1.3m | — | — | above | — | no doubt |
| HAREWOOD HOUSE TRUST LIMITED | £6.0m | — | — | below | — | noted |
| THE JAMES & SHIRLEY SHERWOOD FOUNDATION | £372k | — | 0 | unclear | — | no doubt |
| WYLDWOOD ARTS | £148k | — | 0 | unclear | — | no doubt |
| THE FOUNDATION FOUNDATION | £177k | — | 0 | above | — | no doubt |
| HARLOW ART TRUST | £490k | — | 0 | unclear | — | no doubt |