THE CLOTHWORKERS' FOUNDATION
To make grants to UK frontline charities to support projects or programmes in defined areas of need.
Financial health, per its FY2025 accounts
The accounts state that total income decreased to £11.10 million from £13.05 million in the prior year, driven by a reduction in donations from the sole member. Despite this, the charity maintained strong unrestricted reserves of £129.80 million, significantly exceeding its stated policy target of 7.5% of grant commitments, which the trustees attribute to additional donations received at the end of 2024.
What the accounts disclose
“The remaining income of £9.74 million (2024: £10.41 million) was derived from investment assets, rental income or cash holdings.” — page 16
“After due consideration, the Trustees decided that it was appropriate to set the size of the General Fund at 7.5% (+ / - 2.5%) of grant commitments, in order to allow the Foundation to fulfil its commitments in a timely fashion.” — page 15
“Total income in 2025 was £11.10 million (2024: £13.05 million), of which £1.07 million (2024: £2.57 million) was a donation from The Clothworkers’ Company.” — page 16
“The Foundation’s share of total remuneration paid to key management personnel provided as part of this service was £253,619 (2024: £254,472).” — page 30
“Total income in 2025 was £11.10 million (2024: £13.05 million), of which £1.07 million (2024: £2.57 million) was a donation from The Clothworkers’ Company.” — page 16
“The Foundation’s share of total remuneration paid to key management personnel provided as part of this service was £253,619 (2024: £254,472).” — page 30
“Total income in 2025 was £11.10 million (2024: £13.05 million), of which £1.07 million (2024: £2.57 million) was a donation from The Clothworkers’ Company.” — page 16
“The Foundation’s share of total remuneration paid to key management personnel provided as part of this service was £253,619 (2024: £254,472).” — page 30
Corporate structure
- Registered company of the charity Companies House 01321952
Leadership, per the charity’s website
- Susanna O'Leary — Chair
- Ola Opoosun — Deputy Chair
Funders the charity credits
- Funders for Race Equality Alliance
- IVAR Open & Trusting Initiative
Company officers (Companies House)
- CORNISH, Catherine Jane on trustee list
- EVELYN, Clare Jemma on trustee list
- SCORDI, Niki on trustee list
- ROBINSON, Hugo Edward William on trustee list
- NILES, Meredith on trustee list
- JONAS, Leslie Peter on trustee list
- INGHAM CLARK, Frederick Thomas not on trustee list
- SLIM, Hugo, Dr on trustee list
- RIZWAN, Amir on trustee list
- PATEL, Dhruv Prashant on trustee list
- OPOOSUN, Ola on trustee list
- O'LEARY, Susanna Priestley on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (17/12/2013)
- Received assets from another charity (24/10/2013)
- Received assets from another charity (24/10/2013)
- Received assets from another charity (24/10/2013)
- Received assets from another charity (24/10/2013)
Trustees
- SUSANNA PRIESTLEY O'LEARYchair
- Amir Rizwan
- Catherine Jane Cornish
- Clare Jemma Evelyn
- DHRUV PRASHANT PATEL
- Dr Hugo Slim
- Frederick Thomas Ingham Clark
- Hugo Edward William Robinson
- Leslie Peter Jonas
- Lucy Elizabeth Rawson Dr
- MEREDITH NILES
- Niki Scordi
- OLA OPOOSUN
- Rachel Helena Schon
- Samantha Claire Grimmett Batt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £10.7m | £12.6m |
| 31/12/2024 | £12.3m | £12.6m |
| 31/12/2023 | £28.4m | £10.7m |
| 31/12/2022 | £80.1m | £8.7m |
| 31/12/2021 | £11.6m | £8.0m |
Common questions
Is THE CLOTHWORKERS' FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that total income decreased to £11.10 million from £13.05 million in the prior year, driven by a reduction in donations from the sole member. Despite this, the charity maintained strong unrestricted reserves of £129.80 million, significantly exceeding its stated policy target of 7.5% of grant commitments, which the trustees attribute to additional donations received at the end of 2024. Its FY2025 accounts were audited by Saffery LLP.
Who funds THE CLOTHWORKERS' FOUNDATION?
Funders whose own accounts filings name THE CLOTHWORKERS' FOUNDATION as a grant recipient include UNSEEN (UK), REDR UK, SUICIDE & CO.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| UNSEEN (UK) | FY2025 | £173k | General |
| REDR UK | FY2024 | £40k | Grants |
| SUICIDE & CO | FY2024 | £15k | IT equipment and acoustic pods |
| REDR UK | FY2023 | £11k | Grants |
| SUICIDE & CO | FY2024 | £7k | IT equipment and acoustic pods |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AMATEURS TRUST | 1 | £115k |
| ZURICH COMMUNITY TRUST (UK) LIMITED | 1 | £32k |
| JACK PETCHEY FOUNDATION | 1 | £24k |
| THE WILFRED AND ELSIE ELKES CHARITY FUND | 1 | £24k |
| THE EDWARD GOSTLING FOUNDATION | 1 | £10k |
Charities like this
- THE LOCKWOOD CHARITABLE FOUNDATION
- The Leathersellers' Foundation
- THE ROBERT MCALPINE FOUNDATION
- Community Foundation for Staffordshire and Shropshire
- THE HERITAGE FOUNDATION
- BEDFORDSHIRE AND LUTON COMMUNITY FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CLOTHWORKERS' FOUNDATION | £10.7m | — | 0 | above | — | no doubt |
| THE LOCKWOOD CHARITABLE FOUNDATION | £2.8m | — | 0 | unclear | — | no doubt |
| The Leathersellers' Foundation | £7.8m | £60,001 - £70,000 | 2 | above | — | no doubt |
| THE ROBERT MCALPINE FOUNDATION | £1.1m | — | 0 | above | — | no doubt |
| Community Foundation for Staffordshire and Shropshire | £4.6m | — | — | unclear | — | no doubt |
| THE HERITAGE FOUNDATION | £463k | — | 0 | above | — | no doubt |