FRIENDS OF HARVARD UNIVERSITY
Provision of assistance to UK taxpayer donors interested in supporting the activities of Harvard University and its various subdivisions as well as other activities related to education
Objects
FOR THE ADVANCEMENT AND PROMOTION OF EDUCATION AND IN PARTICULAR FOR ANY EDUCATIONAL AND CHARITABLE PURPOSES CONNECTED WITH HARVARD UNIVERSITY ITS PAST AND PRESENT STUDENTS.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure for the year, resulting in total net assets decreasing significantly from £709,391 in the prior year to £51,660. The trustees maintain a reserves policy of one year of administration costs, but the current unrestricted reserves of £2,761 are below this target. Despite the deficit, the trustees and auditors confirm the charity remains a going concern with adequate resources to continue operations.
What the accounts disclose
“generated by way of donations of £1,607,872, donated professional services of £15,000 by McFadden, Pilkington & Ward LLP, gifts in kind of £29,640 in relation to professional fees paid by a related party on behalf of the charity and £1,000 of AML compensation.” — page 4
“Total assets less liabilities amounted to £51,660 (2024: £709,391) which is represented by the accumulated balance on the restricted income fund of £48,899 and an accumulated balance on the unrestricted income fund of £2,761.” — page 4
“Donations include £15,000 of donated services by McFadden, Pilkington & Ward LLP (2024: £15,000), a law firm in which Trustee, J McFadden is a partner.” — page 21
“Donations include £29,640 (2024: £30,040) of donations in kind in relation to the payment of professional fees received from Harvard Global Research and Support Services Inc., a related entity responsible for external payments of the charity.” — page 21
“Donations include £15,000 of donated services by McFadden, Pilkington & Ward LLP (2024: £15,000), a law firm in which Trustee, J McFadden is a partner.” — page 21
“Donations include £29,640 (2024: £30,040) of donations in kind in relation to the payment of professional fees received from Harvard Global Research and Support Services Inc., a related entity responsible for external payments of the charity.” — page 21
“Donations include £15,000 of donated services by McFadden, Pilkington & Ward LLP (2024: £15,000), a law firm in which Trustee, J McFadden is a partner.” — page 21
“Donations include £29,640 (2024: £30,040) of donations in kind in relation to the payment of professional fees received from Harvard Global Research and Support Services Inc., a related entity responsible for external payments of the charity.” — page 21
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
- Risk management
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Grant-making is its main activity
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- JOHN HOWARD MCFADDENchair
- Caroline Wright
- Cecil Dyer Quillen
- JOHN DUDLEY FISHBURN
- JOSEPH HUGH O'REGAN
- James Victor Baker
- Richard Grant Howells
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.7m | £2.3m |
| 31/12/2024 | £1.1m | £595k |
| 31/12/2023 | £459k | £534k |
| 31/12/2022 | £1.0m | £3.3m |
| 31/12/2021 | £5.5m | £2.9m |
Common questions
Is FRIENDS OF HARVARD UNIVERSITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure for the year, resulting in total net assets decreasing significantly from £709,391 in the prior year to £51,660. The trustees maintain a reserves policy of one year of administration costs, but the current unrestricted reserves of £2,761 are below this target. Despite the deficit, the trustees and auditors confirm the charity remains a going concern with adequate resources to continue operations. Its FY2025 accounts were audited by TC Group.
Who funds FRIENDS OF HARVARD UNIVERSITY?
Funders whose own accounts filings name FRIENDS OF HARVARD UNIVERSITY as a grant recipient include THE JMCMRJ SORRELL FOUNDATION, PRISM THE GIFT FUND.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE JMCMRJ SORRELL FOUNDATION | FY2024 | £100k | Grants for the advancement of education |
| PRISM THE GIFT FUND | FY2021 | £49k | Grants to institutions/organisations |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE RISMAN FOUNDATION | 1 | £84k |
| THE GUY AND ELINOR MEYNELL CHARITABLE TRUST | 1 | £10k |
| THE ASTOR FOUNDATION | 1 | £4k |
Charities like this
- HARVARD GLOBAL FOUNDATION LIMITED
- THE BRITISH FRIENDS OF HARVARD BUSINESS SCHOOL
- THE UK FRIENDS OF THE UNIVERSITY OF AUCKLAND
- THE FRIENDS OF THE BRITISH LIBRARY
- FRIENDS OF UNIVERSITY COLLEGE LONDON HOSPITALS
- STANFORD FOUNDATION (UK) LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FRIENDS OF HARVARD UNIVERSITY | £1.7m | — | 0 | below | — | no doubt |
| HARVARD GLOBAL FOUNDATION LIMITED | £4.0m | — | 0 | unclear | — | no doubt |
| THE BRITISH FRIENDS OF HARVARD BUSINESS SCHOOL | £249k | — | 0 | unclear | — | no doubt |
| THE UK FRIENDS OF THE UNIVERSITY OF AUCKLAND | £136k | — | — | unclear | — | no doubt |
| THE FRIENDS OF THE BRITISH LIBRARY | £1.6m | — | 0 | unclear | — | no doubt |
| FRIENDS OF UNIVERSITY COLLEGE LONDON HOSPITALS | £60k | — | 0 | unclear | — | no doubt |