BRIGHAM YOUNG UNIVERSITY LIMITED
To Promote and further the educational and other charitable work of Brigham Young University in the United Kingdom and elsewhere. To help achieve this object the charity continues to operate it study abroad program from its premises based at 27 Palace Court, London.
Financial health, per its FY2024 accounts
The accounts state that the charity relies on donations from its member to finance its activities, with the member guaranteeing future financial support. Per the trustees' report, unrestricted reserves are below the stated policy target, though total reserves remain significantly above the target level.
What the accounts disclose
“Donations of £1,244,818 (2023: £998,988) were received from the member in relation to program funding at the Charity's premises.” — page 26
“The target level of reserves is £100,000 of net current assets.” — page 13
“The BYU London Centre Director is employed in the UK by the charity. Her gross salary costs are met and donated by the parent entity and amounted to £148,758” — page 31
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Christopher Shane Reese
- ROBERT FRANCIS SCHWARTZ
- ROBERT JOHN CLAYTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.3m | £1.3m |
| 31/12/2023 | £1.4m | £1.3m |
| 31/12/2022 | £1.2m | £1.2m |
| 31/12/2021 | £697k | £835k |
| 31/12/2020 | £706k | £845k |
Common questions
Is BRIGHAM YOUNG UNIVERSITY LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity relies on donations from its member to finance its activities, with the member guaranteeing future financial support. Per the trustees' report, unrestricted reserves are below the stated policy target, though total reserves remain significantly above the target level. Its FY2024 accounts were audited by Price Bailey LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NNS FOUNDATION | 1 | £5.1m |
| COVENT GARDEN IP LTD | 1 | £2.3m |
| THE BROOMTON FOUNDATION | 1 | £500k |
Charities like this
- THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS (GREAT BRITAIN)
- BOSTON UNIVERSITY (USA) LONDON
- FARMLAND RESERVE UK LIMITED
- COVENT GARDEN IP LTD
- UNIVERSITY OF PENNSYLVANIA (USA) FOUNDATION LIMITED
- THE BAPTIST UNION OF GREAT BRITAIN
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BRIGHAM YOUNG UNIVERSITY LIMITED | £1.3m | — | — | unclear | — | no doubt |
| THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS (GREAT BRITAIN) | £87.8m | — | — | unclear | — | no doubt |
| BOSTON UNIVERSITY (USA) LONDON | £0 | — | 0 | below | — | noted |
| FARMLAND RESERVE UK LIMITED | £57.9m | £160,001 - £170,000 | — | above | — | no doubt |
| COVENT GARDEN IP LTD | £5.4m | — | 0 | unclear | — | no doubt |
| UNIVERSITY OF PENNSYLVANIA (USA) FOUNDATION LIMITED | £7.6m | — | 0 | unclear | — | no doubt |