DE MORGAN FOUNDATION
The De Morgan Foundation holds an extensive collection of arts and crafts ceramics by the Victorian ceramicist William De Morgan and oil paintings and drawings by the artist Evelyn De Morgan. The charity's primary objective is the "provision and maintenance of the collection" to a public audience, which the Foundation achieves at its museum, though exhibitions, and a public programme.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a small loss of £2,712 before net gains on investments, with unrestricted reserves held at £29,576,647. The trustees report that the foundation faces significant financial pressures and increasing competition for funding, noting that while they aim for a balanced budget, there is no set date to achieve continuous small surpluses.
What the accounts disclose
“The Foundation’s reserves policy enables, as a minimum, a conventional three to six months operating cost basis.” — page 45
Trustees
- THE DE MORGAN TRUSTEE COMPANY LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £102k | £74k |
| 31/12/2024 | £107k | £110k |
| 31/12/2023 | £338k | £99k |
| 31/12/2022 | £81k | £106k |
| 31/12/2021 | £97k | £100k |
Common questions
Is DE MORGAN FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a small loss of £2,712 before net gains on investments, with unrestricted reserves held at £29,576,647. The trustees report that the foundation faces significant financial pressures and increasing competition for funding, noting that while they aim for a balanced budget, there is no set date to achieve continuous small surpluses. Its FY2024 accounts were independently examined.
Who funds DE MORGAN FOUNDATION?
Funders whose own accounts filings name DE MORGAN FOUNDATION as a grant recipient include THE COMPANY OF ARTS SCHOLARS CHARITABLE TRUST, NATIONAL ART COLLECTIONS FUND, THE DAVID FAMILY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE COMPANY OF ARTS SCHOLARS CHARITABLE TRUST | FY2024 | £4k | Education |
| NATIONAL ART COLLECTIONS FUND | FY2023 | £4k | Acquisition grant |
| THE DAVID FAMILY FOUNDATION | FY2023 | £2k | |
| THE COMPANY OF ARTS SCHOLARS CHARITABLE TRUST | FY2025 | £200 | |
| THE DAVID FAMILY FOUNDATION | FY2022 | £0 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 29/09/2006 | £49k | "Acquisition, transportation, conservation and display of a large pictorial ceramic tile panel by the nineteenth-century ceramicist William D" |
Charities like this
- THE MORGAN CHARITABLE FOUNDATION
- LEEDS CASTLE FOUNDATION
- MORGAN'S ARMY CHARITABLE FOUNDATION
- THE V&A FOUNDATION
- THE HENRY MOORE FOUNDATION
- THE MATHERS FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DE MORGAN FOUNDATION | £102k | — | 0 | unclear | — | no doubt |
| THE MORGAN CHARITABLE FOUNDATION | £140k | — | 0 | above | — | no doubt |
| LEEDS CASTLE FOUNDATION | £12.7m | — | — | below | — | no doubt |
| MORGAN'S ARMY CHARITABLE FOUNDATION | £250k | — | 0 | unclear | — | no doubt |
| THE V&A FOUNDATION | £251k | — | 0 | above | — | no doubt |
| THE HENRY MOORE FOUNDATION | £8.0m | £150,001 - £160,000 | — | below | — | no doubt |