RICK MATHER DAVID SCRASE FOUNDATION
The Foundation will make grants to charitable causes that match the interests of the late Rick Mather and the late David Scrase. Applications will only be accepted by invitation of the trustees.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £2,304,813, which the trustees consider sufficient to continue grant giving. The charity maintains a reserves policy of holding three to six months of expenditure, a level it confirms has been maintained throughout the year. Despite a net decrease in funds of £578,602 due to significant grant spending and investment losses, the trustees report no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 6
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2024) to "above" (FY2025).
Structured financials (annual return, FY ending 05/04/2024)
Trustees
- Richard Jarmanchair
- Charlie Barclay
- Hugh Anthony Wilson
- Professor Catherine Whistler
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £134k | £687k |
| 05/04/2024 | £781k | £375k |
| 05/04/2023 | £2.6m | £270k |
Common questions
Is RICK MATHER DAVID SCRASE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £2,304,813, which the trustees consider sufficient to continue grant giving. The charity maintains a reserves policy of holding three to six months of expenditure, a level it confirms has been maintained throughout the year. Despite a net decrease in funds of £578,602 due to significant grant spending and investment losses, the trustees report no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PRIORY FOUNDATION | 1 | £33k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £15k |
| JOSEPH ETTEDGUI CHARITABLE FOUNDATION | 1 | £10k |
Charities like this
- David Rattray Foundation
- Matchroom Charitable Foundation
- THE MATHER FAMILY CHARITABLE TRUST
- THE GRANT FOUNDATION
- THE SCS TRUST
- THE SUMMERSCALE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RICK MATHER DAVID SCRASE FOUNDATION | £134k | — | 0 | above | — | no doubt |
| David Rattray Foundation | £383k | £60,000 or more | 1 | unclear | — | no doubt |
| Matchroom Charitable Foundation | £1.7m | — | 0 | unclear | — | no doubt |
| THE MATHER FAMILY CHARITABLE TRUST | £607k | — | 0 | unclear | — | no doubt |
| THE GRANT FOUNDATION | £185k | — | 0 | within | — | no doubt |
| THE SCS TRUST | £166k | — | 0 | within | — | no doubt |