Richmond Foundation
Richmond Foundation administers a royal gift made in 1786 to help the community in Richmond. Through grant-giving, education support and charitable housing we seek to improve the quality of life of disadvantaged people within our benefit area
Objects
(1) THE OBJECT OF THE CHARITY SHALL BE TO FURTHER ALL OR ANY OF THE FOLLOWING PURPOSES:-(1) THE RELIEF OF THE INHABITANTS OF THE LONDON BOROUGH OF RICHMOND UPON THAMES (THE INHABITANTS OF THE SAID LONDON BOROUGH BEING HEREINAFTER REFERRED TO AS “THE SAID INHABITANTS”) WHO ARE POOR OR OTHERWISE IN NEED BY REASON OF THEIR YOUTH, AGE, ILL-HEALTH, DISABILITY, FINANCIAL HARDSHIP OR OTHER DISADVANTAGE;(2) THE RELIEF OF DISTRESS AND SICKNESS AMONG THE SAID INHABITANTS;(3) THE PROVISION AND SUPPORT (WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE SAID INHABITANTS IN THE INTERESTS OF SOCIAL WELFARE) OF FACILITIES FOR RECREATION OR OTHER LEISURE-TIME OCCUPATION;(4) THE PROVISION AND SUPPORT OF EDUCATIONAL FACILITIES FOR THE SAID INHABITANTS;(5) ANY OTHER CHARITABLE PURPOSES (WHETHER OR NOT OF A NATURE SIMILAR TO ANY OF THOSE HEREINBEFORE SPECIFIED) FOR THE BENEFIT OF THE SAID INHABITANTS.(2) THE TRUSTEES MAY APPROPRIATE THE LAND AND BUILDINGS BELONGING TO THE CHARITY OR ANY PART THEREOF FOR USE FOR ANY PURPOSE WITHIN THE OBJECT OF THE CHARITY.
Financial health, per its FY2025 accounts
The accounts state that total income decreased by 11% to £2.3m, while total expenditure increased to £4.2m, resulting in a net decrease in funds. The charity holds unrestricted free reserves of £1.1m and maintains a cash deposit of £1.4m, which the trustees consider sufficient to meet short-term liquidity requirements.
What the accounts disclose
“The Trustees set the required reserves level by taking the following six-month budgeted cash requirement from year end.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- 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
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media 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
- Employees paid over £60,000: 4 (£60,001–£70,000: 2; £80,001–£90,000: 1; £100,001–£110,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2024
- Employees paid over £60,000: 2 (£70,001–£80,000: 1; £100,001–£110,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2023
- Employees paid over £60,000: 1 (£90,001–£100,000: 1)
- Grant-making is its main activity
Leadership, per the charity’s website
- Phil Barron — CEO
Funders the charity credits
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Dr Mary Elizabeth Frederica Heneschair
- Chris Phillips
- Claire O'Donnell
- Councillor Richard Pyne
- Duncan Richford
- Gary Clements
- MARK O'KELLY
- Owen Carew-Jones
- Sarah Louise Lester
- Stephen Speak
- Tatyana Mursalimov
- david herring
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £2.3m | £4.2m |
| 30/06/2024 | £2.6m | £3.9m |
| 30/06/2023 | £2.4m | £3.6m |
| 30/06/2022 | £2.7m | £4.2m |
| 30/06/2021 | £3.2m | £3.8m |
Common questions
Is Richmond Foundation financially healthy?
Per its FY2025 accounts: The accounts state that total income decreased by 11% to £2.3m, while total expenditure increased to £4.2m, resulting in a net decrease in funds. The charity holds unrestricted free reserves of £1.1m and maintains a cash deposit of £1.4m, which the trustees consider sufficient to meet short-term liquidity requirements. Its FY2025 accounts were audited by Critchleys Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HAMPTON FUEL ALLOTMENT | 1 | £84k |
| THE SUNNY SKIES FOUNDATION | 1 | £10k |
| THE GROCERS' CHARITY | 1 | £5k |
| THE CONGREGATION OF THE SISTERS OF CHARITY OF SAINT LOUIS CIO | 1 | £5k |
| THE GREEN HALL FOUNDATION | 1 | £4k |
| SSP FOUNDATION | 1 | £2k |
| CHAPMAN CHARITABLE TRUST | 1 | £1k |
Charities like this
- THE RICHMOND UPON THAMES VOLUNTARY FUND
- Richmond Education Foundation
- RICHMOND CHARITIES
- RICHMOND HILL ELDERLY ACTION LIMITED
- Friends of Lift Richmond Park
- RICHMOND CHURCH CHARITY ESTATES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Richmond Foundation | £2.3m | — | — | unclear | — | no doubt |
| THE RICHMOND UPON THAMES VOLUNTARY FUND | £67k | — | — | no_policy | — | no doubt |
| Richmond Education Foundation | £327k | — | — | unclear | — | no doubt |
| RICHMOND CHARITIES | £4.9m | £60,001 - £70,000 | 4 | above | — | no doubt |
| RICHMOND HILL ELDERLY ACTION LIMITED | £227k | — | 0 | within | — | no doubt |
| Friends of Lift Richmond Park | £40k | — | 0 | unclear | — | no doubt |