THE ESPRIT FOUNDATION
The activities of the Esprit Foundation are primarily focussed upon the making of grants for the advancement of education for the public benefit and especially those under the age of 30, in particular the promotion and understanding of: (a) the use and application of technology and technological research; and (b) business and entrepreneurship.
Financial health, per its FY2024 accounts
The accounts state that the Charity held unrestricted reserves of £397,083 at year-end, which significantly exceeds its stated reserves policy target of £15,000. The Trustees confirmed that the Charity maintained ample funds to meet all costs and liabilities, with no material uncertainties affecting its ability to continue as a going concern.
What the accounts disclose
“Total income for the year was £267,653 (2023: £250,010) as a result of a donation of £261,460 (2023: £250,000) and associated interest income.” — page 4
“The level of such reserves policy was determined to be £15,000, being an amount in excess of one year’s ongoing recurring governance, support and operational costs incurred by the Charity.”
Trustees
- Stuart Malcolm Chapmanchair
- RUPINDER KAUR ASHWORTH
- Vincent Alfred O'Brien
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £266k | £61k |
| 31/03/2024 | £268k | £110k |
| 31/03/2023 | £250k | £11k |
Common questions
Is THE ESPRIT FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the Charity held unrestricted reserves of £397,083 at year-end, which significantly exceeds its stated reserves policy target of £15,000. The Trustees confirmed that the Charity maintained ample funds to meet all costs and liabilities, with no material uncertainties affecting its ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Wavestone UK Trust | 1 | £220k |
| THE CHILDHOOD TRUST | 1 | £151k |
| THE RUMI FOUNDATION | 1 | £104k |
| TALLOW CHANDLERS BENEVOLENT FUND NO 2 | 1 | £20k |
| THE BOLTINI TRUST | 1 | £20k |
| THE PWC FOUNDATION | 1 | £10k |
| WAKEFIELD AND TETLEY TRUST | 1 | £5k |
| CHARLES S FRENCH CHARITABLE TRUST | 1 | £3k |
Charities like this
- THE ELYSIUM FOUNDATION LIMITED
- ESP FOUNDATION
- The Elischer Foundation
- THE SPECTRIS FOUNDATION
- THE ENERGY SAVING TRUST FOUNDATION
- RENAISSANCE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ESPRIT FOUNDATION | £266k | — | 0 | unclear | — | no doubt |
| THE ELYSIUM FOUNDATION LIMITED | £107k | — | 0 | above | — | no doubt |
| ESP FOUNDATION | £247k | — | 0 | unclear | — | no doubt |
| The Elischer Foundation | £204k | — | 0 | unclear | — | no doubt |
| THE SPECTRIS FOUNDATION | £1.6m | — | — | above | — | no doubt |
| THE ENERGY SAVING TRUST FOUNDATION | £211k | £60,001 - £70,000 | — | no_policy | — | no doubt |