THE TC FOUNDATION
To promote for the public benefit the conservation, restoration and understanding of textiles;To promote & support training in the conservation of textiles; To support research into methods and techniques for conserving textiles
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus for the year, resulting in total net assets increasing to £1,316,092. The Trustees confirm that free reserves of £85,639 are in excess of their stated policy target of 12 months' running costs, supporting a conclusion that the charity is a going concern.
What the accounts disclose
“It is the policy of the TCF to hold sufficient monies to fund its general running costs for a rolling period of at least 12 months.”
Trustees
- Dr MARY MICHELLE BROOKS
- Emma Inglis
- Fiona Orr
- Julie Fleming Bon
- KATIE ANTONIO
- PROFESSOR NICHOLAS PEARCE
- TRICIA BEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £227k | £179k |
| 31/07/2024 | £164k | £181k |
| 31/07/2023 | £183k | £145k |
| 31/07/2022 | £193k | £204k |
| 31/07/2021 | £178k | £149k |
Common questions
Is THE TC FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus for the year, resulting in total net assets increasing to £1,316,092. The Trustees confirm that free reserves of £85,639 are in excess of their stated policy target of 12 months' running costs, supporting a conclusion that the charity is a going concern. Its FY2025 accounts were independently examined.
Who funds THE TC FOUNDATION?
Funders whose own accounts filings name THE TC FOUNDATION as a grant recipient include THE COTTON INDUSTRY WAR MEMORIAL TRUST, THE DULVERTON TRUST, THE HEADLEY TRUST, THE PILGRIM TRUST, DRAPERS CHARITABLE FUND.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE COTTON INDUSTRY WAR MEMORIAL TRUST | FY2023 | £670k | Bursaries awarded to students |
| THE DULVERTON TRUST | FY2026 | £35k | MPhil Textile Conservation and MPhil Book & Paper Conservation bursaries (UK students) |
| THE HEADLEY TRUST | FY2025 | £24k | Towards bursaries/hardship support for the MPhil Textile Conservation course. |
| THE PILGRIM TRUST | FY2024 | £20k | MPhil Book & Archival Materials at the Kelvin Centre for Conservation, Glasgow: Inaugural bursaries |
| DRAPERS CHARITABLE FUND | FY2022 | £16k | Bursaries for MPhil Textile Conservation course |
| DRAPERS CHARITABLE FUND | FY2023 | £16k | Second of two annual grants for bursaries |
| DRAPERS CHARITABLE FUND | FY2025 | £15k | Bursaries for MPhil Textile Conservation course |
| THE COTTON INDUSTRY WAR MEMORIAL TRUST | FY2025 | £10k | Bursary’s awarded to students |
| THE SOUTH SQUARE TRUST | FY2024 | £10k | Arts Institutions and Organisations |
| DR RADCLIFFE'S TRUST | FY2023 | £8k | Stained Glass Conservation MA Bursaries |
| DR RADCLIFFE'S TRUST | FY2025 | £4k | Renew, Repurpose |
| LORD BARNBY'S FOUNDATION | FY2022 | £2k | |
| THE GOLSONCOTT FOUNDATION | FY2025 | £1k | |
| LORD BARNBY'S FOUNDATION | FY2023 | £1k | |
| THE GOLSONCOTT FOUNDATION | FY2023 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE VINEHILL TRUST | 1 | £6.6m |
| THE MERCERS CHARITABLE FOUNDATION | 1 | £59k |
| THE ARCHITECTURAL HERITAGE FUND | 1 | £43k |
| LORD LEVERHULME'S CHARITABLE TRUST | 1 | £20k |
| THE PWC FOUNDATION | 1 | £10k |
| THE KIRBY LAING FOUNDATION | 1 | £5k |
| THE WORSHIPFUL COMPANY OF PLAISTERERS CHARITABLE TRUST | 1 | £4k |
Charities like this
- THE TEXTILE INSTITUTE
- THE ENERGY SAVING TRUST FOUNDATION
- FABRIC Charitable Incorporated Organisation
- COTTON TEXTILES RESEARCH TRUST
- THE TEMPLATE FOUNDATION
- TARA GETTY FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE TC FOUNDATION | £227k | — | 0 | above | — | no doubt |
| THE TEXTILE INSTITUTE | £301k | — | 0 | above | — | no doubt |
| THE ENERGY SAVING TRUST FOUNDATION | £211k | £60,001 - £70,000 | — | no_policy | — | no doubt |
| FABRIC Charitable Incorporated Organisation | £3.1m | more than £60,000 | 1 | unclear | — | no doubt |
| COTTON TEXTILES RESEARCH TRUST | £125k | — | 0 | above | — | no doubt |
| THE TEMPLATE FOUNDATION | £1.6m | — | 0 | above | — | no doubt |