THE SOBELL FOUNDATION
The Sobell Foundation is a grant-making trust. Funding is generally restricted to charities working in the following fields: medical care and treatment; care and education for physically and mentally disabled people; homelessness; and care and support for the elderly and children from disadvantaged backgrounds. In Israel only the Trustees support coexistence and immigrant absorption projects.
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £58,927,107, which significantly exceeds the trustees' stated policy target of maintaining reserves equating to at least two years of normal charitable expenditure. The trustees report adequate resources to continue operations for the foreseeable future, despite noting the current uncertain economic outlook and stock market volatility.
What the accounts disclose
“The trustees aim to maintain a reserve fund, including cash, at a level equating to at least two years normal charitable expenditure in order to meet any short-term variances in cash flow.” — page 6
“One of the Charity's trustees, Sebastian Lee, is also a trustee of Quintessentially (Charity no. 1144504). The Sobell Foundation made a grant of £5,000 (2023 Nil) to this charity during the year.” — page 27
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- ANDREA GAIE SCOULLER
- Chloe Fletcher
- JEROME HUMPHREY ANDRE LACROIX
- JULIAN MICHAEL EDWARD LEE
- Karis Ann Lacroix
- SUSAN GINA LACROIX
- Sebastian Gaskell Lee
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £1.2m | £2.3m |
| 05/04/2024 | £1.2m | £2.3m |
| 05/04/2023 | £941k | £3.9m |
| 05/04/2022 | £699k | £4.0m |
| 05/04/2021 | £1.9m | £1.9m |
Common questions
Is THE SOBELL FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £58,927,107, which significantly exceeds the trustees' stated policy target of maintaining reserves equating to at least two years of normal charitable expenditure. The trustees report adequate resources to continue operations for the foreseeable future, despite noting the current uncertain economic outlook and stock market volatility. Its FY2024 accounts were audited by BKL Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WISEHEIGHTS LIMITED | 1 | £755k |
| UK GIVES LTD | 1 | £35k |
| BONAMY CHARITABLE TRUST | 1 | £7k |
Charities like this
- SOBELL HOUSE HOSPICE CHARITY LIMITED
- SABEEL FOUNDATION
- SF FOUNDATION
- THE MAURICE WOHL CHARITABLE FOUNDATION
- FREILICH FAMILY FOUNDATION
- PETER SOWERBY FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SOBELL FOUNDATION | £1.2m | — | 0 | unclear | — | no doubt |
| SOBELL HOUSE HOSPICE CHARITY LIMITED | £4.8m | £70,001 - £80,000 | 2 | unclear | — | no doubt |
| SABEEL FOUNDATION | £378k | — | 0 | unclear | — | no doubt |
| SF FOUNDATION | £7.7m | — | 0 | above | — | no doubt |
| THE MAURICE WOHL CHARITABLE FOUNDATION | £1.1m | £70,000 - £80,000 | 2 | above | — | no doubt |
| FREILICH FAMILY FOUNDATION | £347k | — | 0 | unclear | — | no doubt |