HARVARD GLOBAL FOUNDATION LIMITED
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
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?
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 |
|---|---|---|
| Founders Pledge Ltd | 2 | £10.4m |
| NNS FOUNDATION | 1 | £21.2m |
| THE JMCMRJ SORRELL FOUNDATION | 1 | £100k |
| THE RISMAN FOUNDATION | 1 | £84k |