THE STUART YOUNG FOUNDATION
The charity awards grants to new Undergraduate students and new PhD scholars at the discretion of the Trustees and Allocation Panels and upon applicants fulfilling the criteria specified on the application form. These grants are typically for 3 years, commencing from Year 1.
Financial health, per its FY2024 accounts
The accounts state that the charity maintains free reserves of £497,056, which is above the stated policy target of three to six months' expenditure. The trustees confirm adequate resources for going concern, supported by investment income and a net asset position of £1,123,936.
What the accounts disclose
“It is the policy of the trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
“During the year to 31 December 2024, the charity received £26,000 (2023: £Nil) of donations in aggregate from charities connected to the trustees.” — page 18
Register events
- Received assets from another charity (26/07/2023)
Trustees
- Denis Leonard Aaronson
- Henry Grunwald OBE KC
- LESLEY AARONSON
- Lady Karen RIX
- Mark Simon Mishon
- Martin Paisner CBE MA LLM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £40k | £129k |
| 31/12/2023 | £20k | £92k |
| 31/12/2022 | £12k | £92k |
| 31/12/2021 | £30k | £78k |
| 31/12/2020 | £26k | £90k |
Common questions
Is THE STUART YOUNG FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity maintains free reserves of £497,056, which is above the stated policy target of three to six months' expenditure. The trustees confirm adequate resources for going concern, supported by investment income and a net asset position of £1,123,936. Its FY2024 accounts were independently examined.