THE KANGYUR RINPOCHE FOUNDATION
Financial health, per its FY2022 accounts
The accounts state that the charity recorded a surplus of £76,340 for the year ended 31 December 2022, with total funds increasing to £1,855,627. The trustees confirm the organization is a going concern and maintain unrestricted reserves of £1,843,746, which significantly exceed the stated policy target of three months' expenditure. The charity is operated by voluntary staff, with no payments made to them except for reimbursed expenses.
What the accounts disclose
“It has been agreed that at least 3 months' of expenditure is to be held in cash and reserves at all times.”
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- CAROLINE LATHAM
- CHARLES HASTINGS
- DAVID SMITH
- DAWA HOREAU
- Dr JOHN CANTI
- ELIZABETH STEAD
- JENNIFER KANE
- KHYENTSE JIGME CHOLLEY
- MIKE STEAD
- MS LARRIE GETHIN
- TAKLUNG TSETUL PEMA WANGYAL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £464k | £1.2m |
| 31/12/2023 | £1.8m | £1.5m |
| 31/12/2022 | £645k | £569k |
| 31/12/2021 | £779k | £733k |
| 31/12/2020 | £409k | £355k |
Common questions
Is THE KANGYUR RINPOCHE FOUNDATION financially healthy?
The accounts state that the charity recorded a surplus of £76,340 for the year ended 31 December 2022, with total funds increasing to £1,855,627. The trustees confirm the organization is a going concern and maintain unrestricted reserves of £1,843,746, which significantly exceed the stated policy target of three months' expenditure. The charity is operated by voluntary staff, with no payments made to them except for reimbursed expenses. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FUTURES FOR KIDS | 1 | £52k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £20k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £20k |
| THE EVAN CORNISH FOUNDATION | 1 | £3k |
| THE VAN NESTE FOUNDATION | 1 | £3k |
| THE TULA TRUST LIMITED | 1 | £2k |
| THE FIELDROSE CHARITABLE TRUST | 1 | £0 |