THE EARTHSHOT PRIZE
Financial health, per its FY2025 accounts
The accounts state that total income for the year was £23.9m against total expenditure of £24.9m, resulting in a net decrease in funds. Free reserves stood at £5.8m, which is above the stated policy target range of £2.3m to £3.35m, though the Trustees note a contingent liability of £5.4m in future prize payments.
What the accounts disclose
“The Earthshot Prize reserves policy considers the financial risks to which the charity is exposed and has set the target range of free reserves accordingly at six to nine months of annual operating expenditure. This equates to a target range of free reserves at 31 March 2025 of £2.3m to £3.35m.”
“The Earthshot Prize made a grant to TEP Trading Limited to the value of £3,968,811. The grant was used to cover the costs relating to the production services of the 2024 Awards ceremony; and production services for filming of shoots, called “Meet the Finalists”, to reflect the final short list of entrants to the 2024 awards.”
“We continue to lease workspace from our Global Alliance Partner Arup, a global built environment consultancy that already purchases 100% renewable electricity for its offices and aims to electrify all the offices it owns by 2030.”
“The Earthshot Prize made a grant to TEP Trading Limited to the value of £3,968,811. The grant was used to cover the costs relating to the production services of the 2024 Awards ceremony; and production services for filming of shoots, called “Meet the Finalists”, to reflect the final short list of entrants to the 2024 awards.”
“We continue to lease workspace from our Global Alliance Partner Arup, a global built environment consultancy that already purchases 100% renewable electricity for its offices and aims to electrify all the offices it owns by 2030.”
Corporate structure
- Registered company of the charity Companies House 13981670
- Trading subsidiary: TEP TRADING LIMITED Companies House 14098707
Leadership, per the charity’s website
- HRH Prince William — President
- David Fein — Vice Chair
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Jesper Brodinchair
- David Fein
- Eduardo Silveira Mufarej
- Ian John Patrick MBE
- RICHARD WAYNE LEWIS
- Rt Hon Jacinda Kate Laurell Ardern
- Sanjayan Muttulingam
- Tokunboh Ishmael
- Zoe Alexandra Ware MVO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £23.9m | £24.9m |
| 31/03/2024 | £23.5m | £21.8m |
| 31/03/2023 | £18.8m | £12.1m |
Common questions
Is THE EARTHSHOT PRIZE financially healthy?
The accounts state that total income for the year was £23.9m against total expenditure of £24.9m, resulting in a net decrease in funds. Free reserves stood at £5.8m, which is above the stated policy target range of £2.3m to £3.35m, though the Trustees note a contingent liability of £5.4m in future prize payments. Its FY2025 accounts were audited by Crowe U.K. LLP.
Who funds THE EARTHSHOT PRIZE?
Funders whose own accounts filings name THE EARTHSHOT PRIZE as a grant recipient include THE ROYAL FOUNDATION OF THE PRINCE AND PRINCESS OF WALES, AL Philanthropies.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE ROYAL FOUNDATION OF THE PRINCE AND PRINCESS OF WALES | FY2022 | £6.6m |
| AL Philanthropies | FY2023 | £1.0m |
| THE ROYAL FOUNDATION OF THE PRINCE AND PRINCESS OF WALES | FY2023 | £161k |
| THE ROYAL FOUNDATION OF THE PRINCE AND PRINCESS OF WALES | FY2024 | £51k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Ashley Tabor-King Foundation | 1 | £1.1m |
| ANA LEAF FOUNDATION | 1 | £1.0m |
| THE RUMI FOUNDATION | 1 | £550k |
| THE RUBIN FOUNDATION CHARITABLE TRUST | 1 | £300k |
| PETER DUBENS FAMILY FOUNDATION | 1 | £300k |
| IGY FOUNDATION | 1 | £250k |
| POLDEN PUCKHAM CHARITABLE FOUNDATION | 1 | £200k |
| The Ethos Foundation | 1 | £200k |