THE TOMPKINS FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity holds substantial unrestricted reserves of £14,159,210 against minor administration expenses of £7,230, indicating a strong financial position. The trustees confirm the charity can maintain its support of the charitable sector notwithstanding poor investment performance in the short term. The independent auditors reported no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“the trustees consider that the minimum of realised income reserves are required to be retained subject to the relative merits of application for charitable donations the trustees receive and the timing thereof.”
“The patron Mrs E N Tompkins pays the costs of staff and overheads used by the Foundation. It is not feasible to quantify this accurately.” — page 4
Trustees
- ELIZABETH NANCY TOMPKINSchair
- PETER STEPHEN VAINES
- Victoria Elizabeth Brenninkmeijer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £397k | £586k |
| 05/04/2024 | £362k | £606k |
| 05/04/2023 | £293k | £487k |
| 05/04/2022 | £270k | £1.0m |
| 05/04/2021 | £248k | £490k |
Common questions
Is THE TOMPKINS FOUNDATION financially healthy?
The accounts state that the charity holds substantial unrestricted reserves of £14,159,210 against minor administration expenses of £7,230, indicating a strong financial position. The trustees confirm the charity can maintain its support of the charitable sector notwithstanding poor investment performance in the short term. The independent auditors reported no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Mercer & Hole LLP.