ITALIAN MEDICAL CHARITY
The charity operates in the whole of the UK by making appropriate grants to sick or disabled persons of Italian nationality or descent, or those caring for them, as well as similar organisations operating in the UK.
Financial health, per its FY2025 accounts
The accounts state that total funds decreased to £3,345,661 due to unrealised investment losses, despite an increase in investment income. The Trustees confirm that the charity endeavours to maintain reserves to meet day-to-day obligations and that this objective was met during the year. The charity remains focused on maintaining grant payments at existing levels through defensive investment strategies.
What the accounts disclose
Trustees
- LUIGI IGNAZIO LORENZO LAVARINIchair
- DOMENICO Bellantone
- Daniela Manzi
- Dr GINO ANTONIO AMATO
- LORENZO GIOVENE
- MARCO FRANK GIUSEPPE EVANS
- PETER FRANCIS JOHN MARIO CAPELLA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £77k | £94k |
| 05/04/2024 | £73k | £81k |
| 05/04/2023 | £62k | £104k |
| 05/04/2022 | £58k | £83k |
| 05/04/2021 | £62k | £114k |
Common questions
Is ITALIAN MEDICAL CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that total funds decreased to £3,345,661 due to unrealised investment losses, despite an increase in investment income. The Trustees confirm that the charity endeavours to maintain reserves to meet day-to-day obligations and that this objective was met during the year. The charity remains focused on maintaining grant payments at existing levels through defensive investment strategies. Its FY2025 accounts were audited by Winter & Co..