THE CARROLL-MARX CHARITABLE FOUNDATION
Donations are made for general charitable purposes to provide for the general public/mankind. Grants are made to organisations and research bodies.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,152,798, which exceeds the stated policy aim to maintain sufficient reserves to sustain charitable donation activity at the current level. The charity reported a net movement in funds of £9,031 and holds no restricted funds, indicating a stable financial position with adequate liquidity to meet obligations.
What the accounts disclose
“The Trustee aims to maintain sufficient reserves to enable the Charity to sustain its charitable donation activity at the current level and, if possible, to increase it.” — page 4
“For the year ended 31 December 2024, amounts totalling £14,411 (2023: £14,967) were invoiced by Sequent (U.K.) Limited for the provision of Trustee and Administration services. Amounts totalling £nil (2023: £569) were outstanding at the year-end. The Trustee did not receive any further remuneration or expenses during the year.” — page 14
Trustees
- Sequent (U.K) Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £36k | £69k |
| 31/12/2023 | £33k | £42k |
| 31/12/2022 | £31k | £44k |
| 31/12/2021 | £27k | £38k |
| 31/12/2020 | £227k | £28k |
Common questions
Is THE CARROLL-MARX CHARITABLE FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £1,152,798, which exceeds the stated policy aim to maintain sufficient reserves to sustain charitable donation activity at the current level. The charity reported a net movement in funds of £9,031 and holds no restricted funds, indicating a stable financial position with adequate liquidity to meet obligations. Its FY2024 accounts were independently examined.