Charity Accounts Intelreading the accounts so you don’t have to

THE BARING FOUNDATION

Registered charity 258583 · accounts filings on the Charity Commission register

To improve the quality of life of people suffering disadvantage and discrimination. We aim to achieve this through making grants to strengthen voluntary sector organisations which serve them directly or indirectly and by the added value we bring to this.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£6.7m
Latest spending
£9.4m
Registered
1969
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that net assets increased to £107.9 million at the year-end, with unrestricted funds of £105.4 million. The trustees consider this level of unrestricted funds meets their reserves policy, which aims to maintain the real value of annual grants in perpetuity. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £110,000 - £120,000 — in the top quarter for charities its size (median £70k)
“£110,000 - £120,000 - David Cutler - Director salary £115,056 (2023: £109,166), employer's NI £14,623 (2023: £13,809) and pension £20,135 (2023: £19,104).” — page 20
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 3
“The number of staff earning over £60,000 in the year was 3 (2023: 3).” — page 20
Per its FY2024 accounts as filed with the Charity Commission.
Largest income source: none
“No fundraising activity is carried out by the charity.”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: to achieve a minimum average annual return on investments of 4% plus CPI net of management fees... aim is to achieve a minimum average annual return on investments of 4% plus CPI net of management fees (held: £105.4m)
“The Trustees consider that the current level of unrestricted funds of £107.9 million at 31 December 2024 meets this reserves policy.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Shauneen Lambe is a Director of Youth Justice Legal Centre, a grantee.
“Trustee, Shauneen Lambe, is a Director of Youth Justice Legal Centre, a grantee in 2024.” — page 22
“Trustee, Victoria Amedume, is the Creative Director of The Albany, a grantee in 2024.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Victoria Amedume is Creative Director of The Albany, a grantee.
“Trustee, Shauneen Lambe, is a Director of Youth Justice Legal Centre, a grantee in 2024.” — page 22
“Trustee, Victoria Amedume, is the Creative Director of The Albany, a grantee in 2024.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Adviser Daniel Regan has involvement with London Arts & Health, a grantee.
“Trustee, Shauneen Lambe, is a Director of Youth Justice Legal Centre, a grantee in 2024.” — page 22
“Trustee, Victoria Amedume, is the Creative Director of The Albany, a grantee in 2024.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Director David Cutler has involvement with Koy Kaapelitalo, a grantee.
“Trustee, Shauneen Lambe, is a Director of Youth Justice Legal Centre, a grantee in 2024.” — page 22
“Trustee, Victoria Amedume, is the Creative Director of The Albany, a grantee in 2024.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Deputy Director David Sampson has involvement with Initiative Sankofa d’Afrique de l’Ouest, a grantee.
“Trustee, Shauneen Lambe, is a Director of Youth Justice Legal Centre, a grantee in 2024.” — page 22
“Trustee, Victoria Amedume, is the Creative Director of The Albany, a grantee in 2024.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 6 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Corporate structure

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£6.7m
Total spending
£9.4m
Cost of raising funds
£437k
Reserves (reported)
£105.4m
Employees
6

Reported reserves equal ~134.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (66% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 6.5% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£6.7m£9.4m
31/12/2023£4.0m£5.4m
31/12/2022£2.5m£4.5m
31/12/2021£2.3m£5.2m
31/12/2020£2.2m£5.4m

Common questions

Is THE BARING FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that net assets increased to £107.9 million at the year-end, with unrestricted funds of £105.4 million. The trustees consider this level of unrestricted funds meets their reserves policy, which aims to maintain the real value of annual grants in perpetuity. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by HaysMac LLP.

What does the highest-paid employee of THE BARING FOUNDATION earn?

Per its FY2024 accounts, the highest-paid employee was in the £110,000 - £120,000 band, and 3 employees earned over £60,000.

Who funds THE BARING FOUNDATION?

Funders whose own accounts filings name THE BARING FOUNDATION as a grant recipient include BRIDGE HOUSE ESTATES, Rights and Security International, KENTISH TOWN IMPROVEMENT FUND.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
BRIDGE HOUSE ESTATESFY2023£1.5mHuman rights-based approaches programme
Rights and Security InternationalFY2022£50k
KENTISH TOWN IMPROVEMENT FUNDFY2024£0Funded Social Shapla

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
UK government31/10/2023£20kInvestment funds
UK government25/01/2023£20kInvestment funds
Calouste Gulbenkian Foundation, UK Branch01/01/2018£10kThe Baring Foundation
Calouste Gulbenkian Foundation, UK Branch02/02/2017£20kThe Baring Foundation
Calouste Gulbenkian Foundation, UK Branch01/03/2016£20kThe Baring Foundation

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE NEIGHBOURLY FOUNDATION1£1.6m
BEIS MENACHEM CHABAD LUBAVITCH1£183k
NORTHUMBERLAND NATIONAL PARK FOUNDATION1£40k
YESHIVAS LUBAVITCH MANCHESTER1£20k
THE ALBERT GUBAY CHARITABLE FOUNDATION1£12k
ROYAL DEVON UNIVERSITY HEALTHCARE NHS FOUNDATION TRUST CHARITY1£5k
DUCHY OF LANCASTER BENEVOLENT FUND1£5k
HABITAT FOR HUMANITY GREAT BRITAIN1£4k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE BARBOUR FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE BARING FOUNDATION£6.7m£110,000 - £120,0003above—no doubt
THE BARBOUR FOUNDATION FY2025£2.6m—0unclear—no doubt
THE BLAKEY FOUNDATION FY2025£271k—0unclear—no doubt
THE HERITAGE FOUNDATION FY2025£463k—0above—no doubt
B&Q Foundation FY2026£2.8m—0unclear—no doubt
BRITISH FOUNDATION FOR THE UNIVERSITY OF THE WEST INDIES FY2024£252k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.