HARVARD GLOBAL FOUNDATION LIMITED
Advancing learning, research, and education, in particular at Harvard University, and such other exclusively charitable purposes as the Trustees may determine.
Objects
THE OBJECTS OF THE CHARITY ARE:(A) THE ADVANCEMENT OF LEARNING, RESEARCH AND EDUCATION IN PARTICULAR AT HARVARD UNIVERSITY; AND (B) SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION DETERMINE.THIS ARTICLE 3 MAY BE AMENDED BY A SPECIAL RESOLUTION BUT ONLY WITH THE PRIOR WRITTEN CONSENT OF THE COMMISSION.
Financial health, per its FY2025 accounts
The accounts state that total income increased significantly to £4,001,638, while expenditure rose sharply to £4,203,525, resulting in a net deficit for the year. Per the trustees' report, the charity maintains a reserves policy to cover administration costs for one year, though unrestricted funds are currently in deficit. The auditor confirmed the financial statements give a true and fair view and identified no material uncertainties regarding going concern.
What the accounts disclose
“It is the Trust's policy to retain sufficient reserves to cover administration costs and commitments for a period of one year.” — page 4
Policies the charity declares
- 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
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/06/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2023
- Grant-making is its main activity
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Cecil Dyer Quillen
- JAMES VICTOR BAKER
- John Howard McFadden
- Joseph Hugh O'Regan
- Richard Grant Howells
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £4.0m | £4.2m |
| 30/06/2024 | £1.3m | £453k |
| 30/06/2023 | £258k | £51k |
| 30/06/2022 | £0 | £0 |
Common questions
Is HARVARD GLOBAL FOUNDATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that total income increased significantly to £4,001,638, while expenditure rose sharply to £4,203,525, resulting in a net deficit for the year. Per the trustees' report, the charity maintains a reserves policy to cover administration costs for one year, though unrestricted funds are currently in deficit. The auditor confirmed the financial statements give a true and fair view and identified no material uncertainties regarding going concern. Its FY2025 accounts were audited by TC Group.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JMCMRJ SORRELL FOUNDATION | 1 | £100k |
| THE RISMAN FOUNDATION | 1 | £84k |
| PRISM THE GIFT FUND | 1 | £49k |
Charities like this
- HARVARD GLOBAL UK
- FRIENDS OF HARVARD UNIVERSITY
- THE BRITISH FRIENDS OF HARVARD BUSINESS SCHOOL
- HQR LONDON CHARITABLE FOUNDATION
- THE HABERDASHERS' FOUNDATION
- THE HOWARD FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HARVARD GLOBAL FOUNDATION LIMITED | £4.0m | — | 0 | unclear | — | no doubt |
| HARVARD GLOBAL UK | £177k | — | — | above | — | no doubt |
| FRIENDS OF HARVARD UNIVERSITY | £1.7m | — | 0 | below | — | no doubt |
| THE BRITISH FRIENDS OF HARVARD BUSINESS SCHOOL | £249k | — | 0 | unclear | — | no doubt |
| HQR LONDON CHARITABLE FOUNDATION | £340k | — | 0 | unclear | — | no doubt |
| THE HABERDASHERS' FOUNDATION | £454k | £60,001 - £70,000 | 4 | unclear | — | no doubt |