MILTON MOUNT FOUNDATION
AWARDING EDUCATIONAL BURSARIES AND GRANTS
Financial health, per its FY2025 accounts
The accounts state that expenditure exceeded income, resulting in a decrease in the Income Fund from £174,811 to £118,023. Per the trustees' report, the current level of funds is insufficient to maintain previous grant rates, necessitating a reduction in university grants and school fee formulas. The trustees anticipate reserves will be lower than the previously considered appropriate figure of around £100,000 but expect this to be rectified in the following year.
What the accounts disclose
“Dividends and stock interest 150,914”
“the Reserves at the end of 2025-26 will be rather lower than the previously considered appropriate figure of around £100,000”
“The request for assistance are such that the current level of the Income Fund will not enable the Foundation to continue with the bursaries for the school year and grants to university students being made at the same rate, So a reduction in the size of University grants is being made for 2025-26.” — page 4
Trustees
- Ann Susan Bulley
- Blessing Afolabi-Jombo
- Carole Rachel Marsden
- Gwyn Davies
- KATHLEEN OLIVER
- RAYMOND DUNNETT
- REV KEVIN PATRICK SWAINE
- Rev Geoffrey Felton
- Sara Louise Iles
- Thandar Tun
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £152k | £206k |
| 30/06/2024 | £153k | £179k |
| 30/06/2023 | £153k | £178k |
| 30/06/2022 | £151k | £203k |
| 30/06/2021 | £150k | £190k |
Common questions
Is MILTON MOUNT FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that expenditure exceeded income, resulting in a decrease in the Income Fund from £174,811 to £118,023. Per the trustees' report, the current level of funds is insufficient to maintain previous grant rates, necessitating a reduction in university grants and school fee formulas. The trustees anticipate reserves will be lower than the previously considered appropriate figure of around £100,000 but expect this to be rectified in the following year. Its FY2025 accounts were independently examined.
Charities like this
- Highworth Grammar School Trust, School Fund
- CLSG BURSARY AND AWARDS FUND
- MAISON DE L'INSTITUT DE FRANCE A LONDRES (FONDATION EDMOND DE ROTHSCHILD)
- SEBRIGHT'S EDUCATIONAL FOUNDATION
- WELLINGTON MANAGEMENT UK FOUNDATION
- THE ROWLAND EDUCATIONAL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MILTON MOUNT FOUNDATION | £152k | — | 0 | above | — | noted |
| Highworth Grammar School Trust, School Fund | £565k | — | 0 | unclear | — | no doubt |
| CLSG BURSARY AND AWARDS FUND | £1.4m | — | 0 | above | — | no doubt |
| MAISON DE L'INSTITUT DE FRANCE A LONDRES (FONDATION EDMOND DE ROTHSCHILD) | £223k | — | 0 | above | — | no doubt |
| SEBRIGHT'S EDUCATIONAL FOUNDATION | £205k | — | 0 | below | — | no doubt |
| WELLINGTON MANAGEMENT UK FOUNDATION | £1000k | — | 0 | unclear | — | no doubt |