PHILANTHROPIST
Financial health, per its FY2024 accounts
The accounts state that the charity holds substantial unrestricted reserves of £3,835,402, derived from initial donations, with no employees and no fundraising costs incurred. The trustees intend to distribute these funds to beneficiaries as soon as practicable and subsequently wind up the charity once all resources have been spent appropriately.
What the accounts disclose
“The trustees aim for the level of freely available reserves to be at least £100,000.” — page 7
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Phillip Keoghchair
- Julie Ann Rowlands
- Lee Ann Taylor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.9m | £41k |
Common questions
Is PHILANTHROPIST financially healthy?
The accounts state that the charity holds substantial unrestricted reserves of £3,835,402, derived from initial donations, with no employees and no fundraising costs incurred. The trustees intend to distribute these funds to beneficiaries as soon as practicable and subsequently wind up the charity once all resources have been spent appropriately. Its FY2024 accounts were audited by Afford Bond Holdings Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NPT Transatlantic Limited | 1 | £30.9m |
| THE MURIEL AND GERSHON COREN CHARITABLE FOUNDATION | 1 | £80k |
| B K CHARITABLE TRUST | 1 | £72k |
| THE JMCMRJ SORRELL FOUNDATION | 1 | £50k |
| BETTENHURST CHARITY LIMITED | 1 | £16k |
| THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST | 1 | £14k |
| THE J AND H ORLANDER TRUST | 1 | £2k |
| LYNWOOD CHARITABLE FOUNDATION | 1 | £2k |