Richmond Education Foundation
The objective of the charity is to further the education of the students of Richmond, The American International University in London Inc, by the provision of:Facilities and EquipmentRestricted and Unrestricted cash donationsScholarship, endorsements and special educational programmes
Objects
TO FURTHER THE EDUCATION OF THE STUDENTS OF RICHMOND COLLEGE (ESTABLISHED IN LONDON, ENGLAND) BY PROVISION OF FACILITIES AND EQUIPMENT FACULTY AND ACADEMIC PROGRAMMES, SCHOLARSHIPS ENDOWMENTS AND SPECIAL EDUCATION PROGRAMMES.
Financial health, per its FY2025 accounts
The accounts state that the Foundation reported a consolidated loss of £140k for the year ended 30 June 2025, resulting in unrestricted funds being in deficit by £59k. The Trustees intend to clear these historical deficits in 2025/26, relying on the continued support of the University and the income generated by the endowment to maintain going concern status.
What the accounts disclose
“Investment income from the Cyril Taylor Charitable Foundation endowment was £296k (2024: £327k).” — page 7
“During the year, donations of £308,997 were made to the University (2024: £327,140) and a loan was made for £300,000.” — page 31
“The Foundation's commercial trading subsidiary, Richmond College Services Ltd, did not trade during the year.” — page 7
Policies the charity declares
- Complaints handling
- 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
- 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 30/06/2025
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2024
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/06/2023
- Has a trading subsidiary
- Grant-making is its main activity
Corporate structure
- Trading subsidiary: RICHMOND COLLEGE SERVICES LIMITED Companies House 02234479 · Financial health read from its filings
Structured financials (annual return, FY ending 30/06/2023)
Trustees
- R U Trustee Limited
- Richmond, the American International University in London, Inc.
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £327k | £432k |
| 30/06/2024 | £327k | £432k |
| 30/06/2023 | £782k | £334k |
| 30/06/2022 | £214k | £278k |
| 30/06/2021 | £1.3m | £1.8m |
Common questions
Is Richmond Education Foundation financially healthy?
Per its FY2025 accounts: The accounts state that the Foundation reported a consolidated loss of £140k for the year ended 30 June 2025, resulting in unrestricted funds being in deficit by £59k. The Trustees intend to clear these historical deficits in 2025/26, relying on the continued support of the University and the income generated by the endowment to maintain going concern status. Its FY2025 accounts were audited by PEM Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CBRE UK CHARITABLE TRUST | 1 | £2k |
| MRS B L ROBINSON'S CHARITABLE TRUST | 1 | £500 |
Charities like this
- Richmond Foundation
- LONDON EDUCATION TRUST
- READING EDUCATION TRUST
- THE REDDIFORD SCHOOL CHARITABLE TRUST
- THE MINTRIDGE FOUNDATION
- WILLIAMS COLLEGE FOUNDATION (UK) LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Richmond Education Foundation | £327k | — | — | unclear | — | no doubt |
| Richmond Foundation | £2.3m | — | — | unclear | — | no doubt |
| LONDON EDUCATION TRUST | £231k | — | 0 | unclear | — | no doubt |
| READING EDUCATION TRUST | £1.1m | — | 0 | unclear | — | no doubt |
| THE REDDIFORD SCHOOL CHARITABLE TRUST | £3.1m | — | — | unclear | — | no doubt |
| THE MINTRIDGE FOUNDATION | £140k | — | 0 | unclear | — | no doubt |