THE FOULKES FOUNDATION
The objectives of the Foundation continue to be to promote medical research and the training of scientists and others to study medicine by providing financial support for postdoctoral science graduates who need a medical degree before they can undertake medical research, and similarly for medical graduates who need a science Phd degree.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased from £2,077,664 to £1,971,814 due to a net expenditure of £105,850 against total income of £67,009. The charity holds no staff, with key management personnel remuneration disclosed as trustee payments, and maintains a policy of investing reserves to generate income for grants. The auditor confirmed the use of the going concern basis is appropriate with no material uncertainties identified.
What the accounts disclose
“The Foundation has a policy of investing the majority of its reserves in order to use the income derived from these investments to fund educational grants in accordance with its objectives, and reserves are therefore maintained at a level aimed at generating adequate income.” — page 6
Trustees
- ANDREW J HALL
- GEORGINA CLARE BENTON
- M A FOULKES-HAJDU
- Nicolas Peter Hajdu
- PROFESSOR COLIN SELF
- PROFESSOR SIR ALEX MARKHAM
- Professor Muzlifah Aisha Haniffa
- Professor Sir Walter Fred Bodmer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £67k | £142k |
| 05/04/2024 | £67k | £145k |
| 05/04/2023 | £71k | £103k |
| 05/04/2022 | £67k | £93k |
| 05/04/2021 | £90k | £96k |
Common questions
Is THE FOULKES FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds decreased from £2,077,664 to £1,971,814 due to a net expenditure of £105,850 against total income of £67,009. The charity holds no staff, with key management personnel remuneration disclosed as trustee payments, and maintains a policy of investing reserves to generate income for grants. The auditor confirmed the use of the going concern basis is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Brebners.