THE MOUNT EVEREST FOUNDATION
The Foundation's primary object is to provide grants and recognition to assist particularly deserving expeditions for the exploration of, and scientific work in, the mountain regions of the world.
Objects
TO ENCOURAGE OR SUPPORT EXPEDITIONS FOR THE EXPLORATION OF THE MOUNTAIN REGIONS OF THE EARTH. (FOR FURTHER DETAILS SEE CLAUSE 3 OF MEMORANDUM).
Financial health, per its FY2025 accounts
The accounts state that the charity had unrestricted reserves of £2,228,000 at the end of the financial year, which is sufficient to meet its liabilities. The charity reported a net outgoing resource of £19,000, primarily driven by grant awards of £53,600 and governance costs of £36,700, offset by investment gains of £24,000. The trustees confirm that cash resources were sufficient to meet outstanding liabilities at the balance sheet date.
What the accounts disclose
“The Foundation's reserves policy is to maintain the real value of its fund while generating the maximum income on a medium risk basis.” — page 4
“The secretary and the chairman of the screening committee received an honorarium for the work they undertake of £7,700 each.”
Policies the charity declares
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- 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
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Rebecca Stephenschair
- Adele Long
- Dr Poshendra Satyal
- Dr Tom Kenneth Roger Matthews
- John Toulmin Eastgate
- Malcolm Neal Bass
- Michael Fletcher
- Simon Richardson
- Timothy Eastwood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £76k | £95k |
| 31/03/2024 | £99k | £167k |
| 31/03/2023 | £67k | £99k |
| 31/03/2022 | £62k | £114k |
| 31/03/2021 | £63k | £90k |
Common questions
Is THE MOUNT EVEREST FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity had unrestricted reserves of £2,228,000 at the end of the financial year, which is sufficient to meet its liabilities. The charity reported a net outgoing resource of £19,000, primarily driven by grant awards of £53,600 and governance costs of £36,700, offset by investment gains of £24,000. The trustees confirm that cash resources were sufficient to meet outstanding liabilities at the balance sheet date. Its FY2025 accounts were independently examined.