THE MICHAEL BISHOP FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity holds unrestricted funds totaling £45,083,115, with total assets of £46,451,105. The trustees report that they have maintained liquidity through the sale of investments and do not anticipate any threat to the continued operation of the charity. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The investment objectives of the charity are to preserve capital in real terms and provide sufficient income to meet the Trustees requirements.” — page 3
“Lord Glendonbrook made gifts to the Charity during the year totalling £2,477,684 (2022: £1,476,774) (see note 2). Lord Glendonbrook and Martin Ritchie are directors of The Glendonbrook Foundation. During the year, grants of £692,746 were made to The Glendonbrook Foundation (2022: £Nil) by the Charity.” — page 18
Leadership, per the charity’s website
- Lord Glendonbrook — Founder
- Lord Glendonbrook CBE — Trustee
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- BARON GLENDONBROOK OF BOWDON CBEchair
- Joanne Furlong
- Jonathan David Elliott
- Martin Peter Ritchie
- TIMOTHY JOHN BYE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £2.8m | £4.5m |
| 05/04/2024 | £4.0m | £3.0m |
| 05/04/2023 | £3.2m | £2.6m |
| 05/04/2022 | £2.1m | £3.4m |
| 05/04/2021 | £3.9m | £4.2m |
Common questions
Is THE MICHAEL BISHOP FOUNDATION financially healthy?
The accounts state that the charity holds unrestricted funds totaling £45,083,115, with total assets of £46,451,105. The trustees report that they have maintained liquidity through the sale of investments and do not anticipate any threat to the continued operation of the charity. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by Perrys Accountants Limited.
Who funds THE MICHAEL BISHOP FOUNDATION?
Funders whose own accounts filings name THE MICHAEL BISHOP FOUNDATION as a grant recipient include UNSEEN (UK).
Known funders
| Funder | Year | Amount |
|---|---|---|
| UNSEEN (UK) | FY2025 | £20k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FRIENDS OF BOYAN TRUST | 1 | £143k |
| GOLDHEART CHARITY LIMITED | 1 | £30k |
| BRUSHMILL LIMITED | 1 | £12k |
| GERSON BERGER ASSOCIATION LIMITED | 1 | £10k |
| THE EDGAR E LAWLEY FOUNDATION | 1 | £2k |