HORNE FOUNDATION
The objects of the charity are the advancement of education.Grants are made to major educational projects that involve new buildings and smaller donations to local projects in Northampton and Oxfordshire area, and student bursaries for higher rducation through Northampton schools.
Financial health, per its FY2025 accounts
The accounts state that the charity is winding down its operations with a plan to donate remaining funds within the next six months. Per the trustees' report, unrestricted reserves decreased significantly from £1,170,715 to £687,888 due to substantial grant-making and donations. The trustees confirm that sufficient funds are available to continue operating on a going concern basis.
What the accounts disclose
“The policy is to normally distribute an amount approximately equal to the investment income received.” — page 4
Trustees
- JESSICA HARWOOD
- MRS JULIE DAVENPORT
- ROSalind margaret HARWOOD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £39k | £524k |
| 05/04/2024 | £53k | £181k |
| 05/04/2023 | £47k | £6.8m |
| 05/04/2022 | £111k | £58k |
| 05/04/2021 | £210k | £52k |
Common questions
Is HORNE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity is winding down its operations with a plan to donate remaining funds within the next six months. Per the trustees' report, unrestricted reserves decreased significantly from £1,170,715 to £687,888 due to substantial grant-making and donations. The trustees confirm that sufficient funds are available to continue operating on a going concern basis. Its FY2025 accounts were independently examined.