TIM WHITE'S COUNTRYWIDE FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased from £3,616,330 to £3,589,166 due to a net loss on investments of £113,275 and charitable expenditure of £14,482, partially offset by donations of £3,500,000. The trustees report that reserves policy targets have been maintained, with unrestricted funds held at a level equivalent to between three and six months' expenditure or £200,000. The independent examiner confirmed that no matters came to their attention giving cause to believe the financial statements were materially non-compliant.
What the accounts disclose
“It Is the policy of the Foundation 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 or £200,000.” — page 4
Structured financials (annual return, FY ending 05/04/2024)
Trustees
- Alex Edward John Hall
- Cynthia Joan White
- Jazmine Lindsay D'Angelo
- Timothy Gene White
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £119k | £33k |
| 05/04/2024 | £3.6m | £6k |
Common questions
Is TIM WHITE'S COUNTRYWIDE FOUNDATION financially healthy?
The accounts state that unrestricted funds decreased from £3,616,330 to £3,589,166 due to a net loss on investments of £113,275 and charitable expenditure of £14,482, partially offset by donations of £3,500,000. The trustees report that reserves policy targets have been maintained, with unrestricted funds held at a level equivalent to between three and six months' expenditure or £200,000. The independent examiner confirmed that no matters came to their attention giving cause to believe the financial statements were materially non-compliant. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE MICHAEL AND ILSE KATZ FOUNDATION | 1 | £15k |