FMDM FOUNDATION CIO
The Charity aims to support the religious and other charitable activities of the Sisters of the Franciscan Missionaries of the Divine Motherhood. These activities are in healthcare, social work, pastoral care and education and the Sisters work in England, and the Congregation's overseas missions in Australia, Ireland, Malaysia, Nigeria, Singapore, Zambia and Zimbabwe.
Objects
(1) SUCH LAWFUL CHARITABLE PURPOSES WHICH ADVANCE THE RELIGIOUS AND OTHER CHARITABLE WORK CARRIED ON BY OR WITH THE SUPPORT OF THE CONGREGATION (INCLUDING BUT NOT LIMITED TO, THE SUPPORT OF THE MEMBERS OF THE CONGREGATION RESIDING IN EUROPE, ASIA AND AUSTRALIA); AND(2) THE ADVANCEMENT OF THE ROMAN CATHOLIC RELIGION IN ACCORDANCE WITH THE PRINCIPLES OF THE WORLDWIDE FRANCISCAN MISSION TO INCLUDE, BUT NOT LIMITED TO, THE CONGREGATION’S CHARISM,IN SUCH WAYS AS THE TRUSTEES WITH THE APPROVAL OF THE CONGREGATIONAL LEADER SHALL FROM TIMETO TIME THINK FIT.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £675,035 for the year ended 31 December 2024, driven by net investment gains of £4,123,393 which offset a net expenditure on activities of £3,448,358. Per the trustees' report, total reserves stood at £102.4 million, with the trustees considering free reserves to be adequate but not excessive against a policy target of approximately four months' expenditure.
What the accounts disclose
“The Trustees consider that, given the nature of the Charity’s work and its commitments, the level of free reserves should be approximately four months’ expenditure.” — page 24
“All Sister Trustees are members of the Franciscan Missionaries of the Divine Motherhood and as such their living and personal costs are borne by the Charity.” — page 26
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
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (04/06/2024)
Trustees
- CHRISTOPHER JOHN ILEYchair
- Georgina Anne Hovey
- John Anthony Herring
- John Barrington Quin
- Julian James Hills
- Julie Margaret Gayler
- Lynda Clarke Donaldson
- Peter Arthur White
- SISTER HELEN TERESA DOYLE
- Sr Helena McEvilly
- Thomas David Horton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £5.1m | £9.1m |
| 31/12/2024 | £5.2m | £8.6m |
| 31/12/2023 | £104.0m | £9.8m |
Common questions
Is FMDM FOUNDATION CIO financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net income of £675,035 for the year ended 31 December 2024, driven by net investment gains of £4,123,393 which offset a net expenditure on activities of £3,448,358. Per the trustees' report, total reserves stood at £102.4 million, with the trustees considering free reserves to be adequate but not excessive against a policy target of approximately four months' expenditure. Its FY2024 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FMM GENERALATE UK CIO | 1 | £2.2m |
| THE ENGLISH REGION OF THE DAUGHTERS OF MARY AND JOSEPH CIO | 1 | £86k |
| GIVE US A CHANCE | 1 | £15k |
| B K CHARITABLE TRUST | 1 | £8k |
| UK FRIENDS OF AHAVAS CHESED | 1 | £6k |
Charities like this
- FRANCISCAN MISSIONARIES OF MARY UK CIO
- SISTERS OF THE HOLY FAMILY
- TRUST PROPERTY HELD IN CONNEXION WITH THE SISTERS OF THE HOLY FAMILY OF BORDEAUX
- THE BRITISH ISLES PROVINCE OF THE CONGREGATION OF SISTERS OF CHARITY OF JESUS AND MARY
- SISTERS OF THE SACRED HEARTS OF JESUS AND MARY CIO
- DAUGHTERS OF MARY AND JOSEPH CONGREGATION FUND CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FMDM FOUNDATION CIO | £5.1m | — | — | unclear | — | no doubt |
| FRANCISCAN MISSIONARIES OF MARY UK CIO | £2.4m | — | 0 | within | — | no doubt |
| SISTERS OF THE HOLY FAMILY | £838k | — | 0 | above | — | no doubt |
| TRUST PROPERTY HELD IN CONNEXION WITH THE SISTERS OF THE HOLY FAMILY OF BORDEAUX | £1.5m | — | 0 | within | — | no doubt |
| THE BRITISH ISLES PROVINCE OF THE CONGREGATION OF SISTERS OF CHARITY OF JESUS AND MARY | £2.8m | — | — | within | — | no doubt |
| SISTERS OF THE SACRED HEARTS OF JESUS AND MARY CIO | £2.7m | £60,001 - £70,000 | 1 | within | — | no doubt |