THE LORD FORTE FOUNDATION
The object of the charity is to encourage excellence within the fields of hospitality, encompassing the hotel, catering, travel and tourism industries within the UK and overseas.
Objects
TO PROMOTE OR ADVANCE SUCH CHARITABLE PURPOSES OR CHARITABLE INSTITUTIONS AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT PROVIDED ALWAYS THAT WITHOUT DEROGATING FROM THE GENERAL DISCRETION AFORESAID THE TRUSTEES SHALL IN THEIR SELECTION OF PARTICULAR CHARITABLE PURPOSES PAY SPECIAL REGARD TO THE ADVANCEMENT OF EDUCATION IN ANY CHARITABLE FIELD OF LEARNING BUT ESPECIALLY IN THE FIELDS OF HOTEL MANAGEMENT AND CATERING.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves totalled £3,222,830, an increase from the previous year. The trustees regard these reserves as being at an appropriate level to fund future grants equivalent to annual income. The filing confirms there are no uncertainties regarding the Foundation's ability to continue as a going concern.
What the accounts disclose
“The Trustees anticipate making grants in future years equivalent to their annual income and regard their reserves as being at an appropriate level for this objective.”
Policies the charity declares
- 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
Trustees
- SIR ROCCO FORTEchair
- ANDREW MCKENZIE
- Lydia Irene Bianca Forte
- MR NICK SCADE MBE
- THE HON OLGA MARIE LOUISE ANNA POLIZZI DI SORRENTINO CBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £80k | £67k |
| 31/03/2024 | £82k | £88k |
| 31/03/2023 | £82k | £118k |
| 31/03/2022 | £76k | £90k |
| 31/03/2021 | £70k | £47k |
Common questions
Is THE LORD FORTE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves totalled £3,222,830, an increase from the previous year. The trustees regard these reserves as being at an appropriate level to fund future grants equivalent to annual income. The filing confirms there are no uncertainties regarding the Foundation's ability to continue as a going concern. Its FY2025 accounts were independently examined.