ST MARYLEBONE EDUCATIONAL FOUNDATION
Provides grants towards individuals educational costs if they are under 25 and have either resided in the City of Westminster or been schooled there for at least 2 years. Currently not providing grants to Tertiary or Further Education. Also provides grants to some Organisations. Various eligibility criteria apply, please apply in writing.
Financial health, per its FY2024 accounts
The accounts state that the charity's free reserves were £344,893, which the trustees believe is sufficient to honour current funding awards and grants to individuals to the end of their terms. The charity reports a net income of £28,862 for the year, driven by increased rental income and investment gains, although total expenditure exceeded incoming resources from operations.
What the accounts disclose
“Rents received 295,583” — page 19
“The level of free reserves should allow the Foundation to honour current funding awards and grants to individuals to the end of their terms.” — page 8
“Grants totalling £47,896 (2023: £47,939) were paid to the School during the financial period. At the balance sheet date the amount due to the School was £24,948 (2023: £33,939). The St Marylebone Church of England School (The Reverend Dr Canon Stephen Evans is a trustee) Grants totalling £101,029 (2023: £100,527) were paid to the School during the financial period. At the balance sheet date the amount due to the School was £50,514 (2023: £61,092). St Vincents Family Project (Mr Varley is CEO) Grants totalling £5,200 (2023: £5,000) were paid to the Project during the financial period.” — page 27
Trustees
- Kathryn Mary Roskellchair
- Andrew James Varley
- Christopher Philip Weir
- Richard James Goodwin
- Victoria Louise Dare
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £311k | £310k |
| 31/08/2024 | £318k | £348k |
| 31/08/2023 | £284k | £273k |
Common questions
Is ST MARYLEBONE EDUCATIONAL FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity's free reserves were £344,893, which the trustees believe is sufficient to honour current funding awards and grants to individuals to the end of their terms. The charity reports a net income of £28,862 for the year, driven by increased rental income and investment gains, although total expenditure exceeded incoming resources from operations. Its FY2024 accounts were audited by Gibson Whitter Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £445k |
| FRIENDS OF WMSBG-KOLEL DAMESEK ELIEZER | 1 | £181k |
| GERSON BERGER ASSOCIATION LIMITED | 1 | £180k |
| WISEHEIGHTS LIMITED | 1 | £115k |
| SHULEM B. ASSOCIATION LIMITED | 1 | £105k |
| OLLINGHAM LIMITED | 1 | £100k |
| Y G S YESHIVA GEDOLA SEMINAR | 1 | £59k |
| SHAAREI RACHAMIM LIMITED | 1 | £43k |
Charities like this
- ST MARYLEBONE EDUCATIONAL FOUNDATION
- MARJORIE LIPMAN FOUNDATION
- ST MARYLEBONE ALMSHOUSES
- ALDERMAN NEWTON'S EDUCATIONAL FOUNDATION
- HENRY WOOD ACCOMMODATION TRUST
- THE TOTTENHAM GRAMMAR SCHOOL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ST MARYLEBONE EDUCATIONAL FOUNDATION | £311k | — | 0 | unclear | — | no doubt |
| ST MARYLEBONE EDUCATIONAL FOUNDATION | £311k | — | 0 | unclear | — | no doubt |
| MARJORIE LIPMAN FOUNDATION | £100k | — | 0 | unclear | — | no doubt |
| ST MARYLEBONE ALMSHOUSES | £291k | — | — | unclear | — | no doubt |
| ALDERMAN NEWTON'S EDUCATIONAL FOUNDATION | £197k | — | 0 | unclear | — | no doubt |
| HENRY WOOD ACCOMMODATION TRUST | £155k | — | 0 | above | — | no doubt |