KESWICK FOUNDATION LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net unrestricted surplus of HK$14,125,663 for the year ended 31 December 2024, supported by significant investment income. Per the trustees' report, unrestricted funds amounted to HK$90,929,192, which exceeds the stated policy target of six months' general expenditure, indicating strong liquidity and financial stability.
What the accounts disclose
“One employee's emolument fell within the band GBP140,000 - GBP150,000 in 2024” — page 19
“The Company’s policy is to maintain a minimum level of non-designated unrestricted funds equal to six months’ general expenditure.”
“Certain members of the Board of Directors are directors of JMH or affiliated with the directors of JMH. Dividend income of HK$44,987,077 (2023: HK$44,134,139) was received from the investment in JMH.” — page 21
“Devon House rent of HK$1,221,696 was donated from JMH in 2024 (2023: HK$1,291,464).” — page 21
“Certain members of the Board of Directors are directors of JMH or affiliated with the directors of JMH. Dividend income of HK$44,987,077 (2023: HK$44,134,139) was received from the investment in JMH.” — page 21
“Devon House rent of HK$1,221,696 was donated from JMH in 2024 (2023: HK$1,291,464).” — page 21
Leadership, per the charity’s website
- Mrs Martha Keswick — Chairman
- Mr Michael Yao — Chairman
- Dr Max Wong — Executive Director
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- BENJAMIN WILLIAM KESWICK
- CLARE JANE KESWICK
- DEMING CHEN
- FRANCINE WING TING FU KWONG
- LILY CLARE JENCKS
- MARTHA KESWICK
- Michael Yuen-jen YAO
- NEIL MICHAEL MCNAMARA
- PROFESSOR WOON KI ANGELINA YUEN-TSANG
- Qiaobing Wu
- Ruby Susanna Weatherall
- SHARMINI PRIYA CHETWODE
- STACEY ANNE HILDEBRANDT
- STEPHEN CHARLES LI
- WAI CHI CHOW
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £5.1m | £3.6m |
| 31/12/2023 | £4.9m | £3.0m |
| 31/12/2022 | £4.6m | £3.5m |
| 31/12/2021 | £3.3m | £2.3m |
| 31/12/2020 | £3.3m | £2.6m |
Common questions
Is KESWICK FOUNDATION LIMITED financially healthy?
The accounts state that the charity reported a net unrestricted surplus of HK$14,125,663 for the year ended 31 December 2024, supported by significant investment income. Per the trustees' report, unrestricted funds amounted to HK$90,929,192, which exceeds the stated policy target of six months' general expenditure, indicating strong liquidity and financial stability. Its FY2024 accounts were audited by PricewaterhouseCoopers LLP.
What does the highest-paid employee of KESWICK FOUNDATION LIMITED earn?
Per its FY2024 accounts, the highest-paid employee was in the £140,001 - £150,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £21.1m |
| THE HADFIELD CHARITABLE TRUST | 1 | £3k |