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.
Objects
1. THE RELIEF OF POVERTY AMONG THE AGED IMPOTENT OR POOR. 2. THE ADVANCEMENT OF EDUCATION. 3. SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES SHALL FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION DETERMINE AND INCLUDING THE MAKING OF GRANTS TO SUCH CHARITABLE FOUNDATIONS AS THE TRUSTEES SHALL IN LIKE MANNER DETERMINE
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
Policies the charity declares
- 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
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- 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 05/04/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2023
- Grant-making is its main activity
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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE VALENTINE CHARITABLE TRUST | 1 | £30k |
| THE ALICE ELLEN COOPER-DEAN CHARITABLE FOUNDATION | 1 | £25k |
| THE GEORGE GOODSIR CHARITABLE TRUST | 1 | £5k |
| THE YORK EARLY MUSIC FOUNDATION | 1 | £3k |
Charities like this
- NORTHAMPTON OLD GRAMMAR SCHOOL FOUNDATION
- THE JOHN BROWNE CHARITABLE TRUST
- OVINGDEAN HALL FOUNDATION
- THE BOURNE FOUNDATION
- THE RANMORE CHARITABLE TRUST
- NORMAN FOSTER FOUNDATION (UK)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HORNE FOUNDATION | £39k | — | 0 | unclear | — | no doubt |
| NORTHAMPTON OLD GRAMMAR SCHOOL FOUNDATION | £395k | — | 0 | unclear | — | no doubt |
| THE JOHN BROWNE CHARITABLE TRUST | £349k | — | 0 | unclear | — | not going concern |
| OVINGDEAN HALL FOUNDATION | £774k | — | 0 | unclear | — | no doubt |
| THE BOURNE FOUNDATION | £36k | — | 0 | unclear | — | no doubt |
| THE RANMORE CHARITABLE TRUST | £17k | — | 0 | unclear | — | no doubt |