THE HARRY AND JANICE BANKS FOUNDATION
The charity is a grant making charity focused on preventing and relieving poverty, advancing amateur sports and games, the development of talent and the arts, citizenship and community development, culture and heritage, in County Durham and the North of England (the Region). The charity may make grants to charitable institutions and causes identified by the Founders within or outside the Region
Financial health, per its FY2025 accounts
The accounts state that the Foundation reported a net surplus of £9,093,373 before investment gains, resulting in total unrestricted funds of £9,470,601. The trustees confirm that the Foundation has adequate resources to continue in operational existence for at least 12 months, with substantial investment assets managed by CCLA Investment Management.
What the accounts disclose
“The Foundation’s expenditure is covered by an agreed percentage drawdown on the investment fund to allow the Foundation to meet its charitable aims whilst protecting the capital value in real terms. This self-imposed cap on expenditure ensures sufficient reserves to meet all necessary obligations, including £25,000 of unpaid grants included within creditors at year end, and the Board is confident that the reserves are sufficient to continue as a going concern.” — page 7
“During the year, a donation of £9,234,490 was made to the Foundation from H & J Banks Investments Limited, a company of which Harry Banks, Chair and trustee, is a director. During the year, staff costs of £35,958 were recharged from Banks Group Holdings Limited, a company of which Harry Banks, Chair and trustee, is chairman and director. During the year, grants totalling £10,000 were awarded to Durham Association of Boys and Girls Clubs, an organisation of which Harry Banks, Chair and trustee, is Vice President. During the year, grants totalling £5,000 were awarded to NASWT Riverside Band, an organisation of which Harry Banks, Chair and trustee, is Vice President.” — page 25
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- Harry James Bankschair
- Christopher John Gill
- Helen Frances Keating
- Janice Ann Banks
- Lucy Elizabeth Hinds
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £9.4m | £344k |
Common questions
Is THE HARRY AND JANICE BANKS FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the Foundation reported a net surplus of £9,093,373 before investment gains, resulting in total unrestricted funds of £9,470,601. The trustees confirm that the Foundation has adequate resources to continue in operational existence for at least 12 months, with substantial investment assets managed by CCLA Investment Management. Its FY2025 accounts were audited by UNW LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| POWER TO CHANGE TRUST | 1 | £129k |
| BACK ON THE MAP LIMITED | 1 | £53k |
| THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST | 1 | £27k |
| THE 3 TS CHARITABLE TRUST | 1 | £10k |
| HAEMOCHROMATOSIS UK | 1 | £7k |
| THE BATCHWORTH TRUST | 1 | £5k |
| FARRER AND CO CHARITABLE TRUST | 1 | £4k |
| CBRE UK CHARITABLE TRUST | 1 | £250 |
Charities like this
- THE HARRY & MARY FOUNDATION
- BANHAM FOUNDATION LIMITED
- THE HEARN FOUNDATION
- THE LANCASHIRE FOUNDATION
- THE VIRGIN MONEY FOUNDATION
- HERTFORDSHIRE COMMUNITY FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE HARRY AND JANICE BANKS FOUNDATION | £9.4m | — | 0 | above | — | no doubt |
| THE HARRY & MARY FOUNDATION | £632k | — | 0 | unclear | — | no doubt |
| BANHAM FOUNDATION LIMITED | £286k | — | 0 | unclear | — | no doubt |
| THE HEARN FOUNDATION | £4.4m | — | 0 | above | — | no doubt |
| THE LANCASHIRE FOUNDATION | £956k | — | 0 | above | — | no doubt |
| THE VIRGIN MONEY FOUNDATION | £3.3m | — | — | above | — | no doubt |