THE SEEDKEEP FOUNDATION
Grant making
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted funds of £11,015,189, derived primarily from a large initial donation and investment gains. Although the balance sheet shows net current liabilities of £10,950, the trustees confirm adequate liquidity through cash balances within the investment portfolio to settle these liabilities, maintaining a going concern basis. The charity has not yet commenced its primary grant-making activities, focusing instead on establishing its investment portfolio and governance structures.
What the accounts disclose
“Donations and gifts - 9,899,996” — page 17
“To meet arising grant commitments and operating expenditure, the trustees will ensure there is always £25,000 of cash available within their investment portfolio to meet short-notice expenditures.”
Structured financials (annual return, FY ending 31/03/2023)
Trustees
- KATHERINE MARGARET HARPINchair
- Jemima Kate Harpin
- Thomas Henry Harpin
- William David Harpin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £325k | £130k |
| 31/03/2024 | £360k | £50k |
| 31/03/2023 | £10.0m | £21k |
Common questions
Is THE SEEDKEEP FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted funds of £11,015,189, derived primarily from a large initial donation and investment gains. Although the balance sheet shows net current liabilities of £10,950, the trustees confirm adequate liquidity through cash balances within the investment portfolio to settle these liabilities, maintaining a going concern basis. The charity has not yet commenced its primary grant-making activities, focusing instead on establishing its investment portfolio and governance structures. Its FY2024 accounts were audited by Haigh & Co.
Charities like this
- SEEDFIELD TRUST
- THE CRANBROOK FOUNDATION
- FUTURE SCOPE CHARITABLE TRUST
- STEPHEN TAYLOR FOUNDATION
- THE REED FOUNDATION
- RATANBEN ZAVERCHAND KARA FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SEEDKEEP FOUNDATION | £325k | — | 0 | unclear | — | no doubt |
| SEEDFIELD TRUST | £111k | — | 0 | unclear | — | no doubt |
| THE CRANBROOK FOUNDATION | £520k | — | 0 | unclear | — | no doubt |
| FUTURE SCOPE CHARITABLE TRUST | £236k | — | 0 | above | — | no doubt |
| STEPHEN TAYLOR FOUNDATION | £61.1m | — | 0 | unclear | — | no doubt |
| THE REED FOUNDATION | £2.3m | — | 0 | unclear | — | no doubt |