THE RATIU FAMILY CHARITABLE FOUNDATION

Registered charity 278286 · accounts filings on the Charity Commission register

1. Adavancement of education of the public 2. Relief of poverty3. Promotion and furtherance of education and research concerning history, geography, culture, arts, music, literature, language, industries and economy of Romania and Romanian people4. Publishing the results of any such research at the discretion of the Trustees5. Relief of Romanian refugees in the United Kingdom

Objects

(A) THE ADVANCEMENT OF EDUCATION OF THE PUBLIC AND THE RELIEF OF POVERTY AND TO PROMOTE AND FURTHER EDUCATION AND RESEARCH CONCERNING THE HISTORY, GEOGRAPHY, CULTURE, ARTS, MUSIC, LITERATURE, LANGUAGE, INDUSTRIES AND ECONOMY OF ROMANIA AND THE ROMANIAN PEOPLE AND TO PUBLISH THE RESULT OF ANY SUCH RESEARCH IN SUCH MANNER AS THE TRUSTEES SHALL FROM TIME TO TIME IN THEIR DISCRETION DETERMINE PROVIDED THAT NO PART OF THE CAPITAL OR INCOME OF THE TRUST FUND SHALL BE PAID OR APPLIED FOR OR TO ANY OBJECT, PURPOSE OR INSTITUTION WHICH IS NOT CHARITABLE. (B) THE RELIEF OF POOR ROMANIAN REFUGEES.

Area of benefit: WORLDWIDE

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · Amateur Sport · Environment/conservation/heritage · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves of £1,116,800 are maintained, which the trustees consider sufficient to cover three to six months of expenditure. The charity relies almost entirely on funding from Bellerive Limited, with £51,359 owed to this related party at year-end. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were materially non-compliant.

Automated summary of the FY2023 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Bullying and harassment policy and procedures
• Campaigns and political activity policy and procedures
• Complaints handling
• Complaints policy and procedures
• Conflicting interests
• Engaging external speakers at charity events policy and procedures
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investing charity funds policy and procedures
• Investment
• Paying staff
• Risk management
• Safeguarding policy and procedures
• Safeguarding vulnerable beneficiaries
• Serious incident reporting policy and procedures
• Social media policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures
• Volunteer management

Structured financials (annual return, FY ending 31/12/2023)

Reported reserves equal ~29.1 months of spending — in the top quarter for charities its size (median 7.1 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (97% 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: 6.1% of total income — above the median for charities its size (3.0%) (benchmarks).

Trustees · trustee networks

• NICOLAE CHRISTOPHER RATIUchair · trustee of 1 other charity
• Dr DAN DAN
• INDREI RATIU
• IOANA RATIU
• Richard Frank Coleman Pollitzer

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

Operates in: Romania · Throughout London · United States

Income and spending

Common questions

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.

Charities like this

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

• THE RUMI FOUNDATION income £8.0m
• The Lakshmi N Mittal Family Foundation income £4.2m
• THE RAJASTHANI FOUNDATION income £154k
• THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE income £133k
• THE FAMILY RICH CHARITIES TRUST income £138k
• THE RASCHE FAMILY CHARITABLE TRUST income £143k

Side by side with its peers

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