THE RUSSELL AND MARY FOREMAN 1980 CHARITABLE TRUST
The advancement of animal welfare;The advancement of health or the saving of lives.Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Objects
(I) THE RELIEF OF NEED, HARDSHIP AND PHYSICAL AND MENTAL DISTRESS AMONG PERSONS IN ANY PART OF THE WORLD. (II) THE CARE AND PROTECTION OF ANIMALS OF ALL KINDS IN NEED OF CARE AND ATTENTION BY REASON OF SICKNESS, MALTREATMENT, POOR CIRCUMSTANCES, ILL-USAGE, OR OTHER SIMILAR CAUSES AND THE PREVENTION OF CRUELTY TO AND SUFFERING AMONG ANIMALS.
Financial health, per its FY2026 accounts
The accounts state that free reserves increased to £31,176, supported by bank balances of £102,742 and investments valued at £1,236,961 within the expendable endowment fund. The trustees pursue a policy of maintaining free reserves to cover future needs and contingencies. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or the charity's operations.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
“Ludlow Trust Company Limited was paid £8,585 (2025: £2,545) for trust administration and cash management fees during the year under review. These fees are authorised under clause 8 of the trust deed.”
“During the year, the Charity received additional funds from the Marus Trust (a related trust) following the death of Mrs Foreman, due to her being a settlor of both Trusts.”
“Ludlow Trust Company Limited was paid £8,585 (2025: £2,545) for trust administration and cash management fees during the year under review. These fees are authorised under clause 8 of the trust deed.”
“During the year, the Charity received additional funds from the Marus Trust (a related trust) following the death of Mrs Foreman, due to her being a settlor of both Trusts.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- 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
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2026
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2025
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £102k | £83k |
| 31/03/2025 | £18k | £28k |
| 31/03/2024 | £8k | £32k |
| 31/03/2023 | £6k | £10k |
| 31/03/2022 | £5k | £3k |
Common questions
Is THE RUSSELL AND MARY FOREMAN 1980 CHARITABLE TRUST financially healthy?
Per its FY2026 accounts: The accounts state that free reserves increased to £31,176, supported by bank balances of £102,742 and investments valued at £1,236,961 within the expendable endowment fund. The trustees pursue a policy of maintaining free reserves to cover future needs and contingencies. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or the charity's operations. Its FY2026 accounts were independently examined.