THE FOUNDATION OF SAINT MATTHIAS

Registered charity 311696 · accounts filings on the Charity Commission register

The Foundation's primary object is the advancement of education in the area of benefit, in particular the Dioceses of Bath & Wells, Bristol and Gloucester but extending to the whole of the United Kingdom, with a preference for higher or further education; such education contributing to the advancement of the Church of England.

Causes: Education/training · Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£243k
Latest spending
£397k
Registered
1965
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds a permanent endowment of £8,369,238 and maintains no unrestricted reserves, relying on its total return investment policy for operational funding. The trustees consider this endowment to be an adequate sum for continued expenditure, despite a net investment loss of £378,343 during the year. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: not to maintain any unrestricted reserves
“It is the Foundation’s policy not to maintain any unrestricted reserves, as ongoing working capital is available from the endowment under the Total Return policy adopted.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grants awarded to the Dioceses of Bath & Wells, Bristol and Gloucester.
“The Dioceses of Bath & Wells, Bristol and Gloucester are related parties to the Charity. Grants awarded to the Dioceses are shown in Note 7. The amounts outstanding to Bristol Diocese at the year-end was £2,334 (2024 - £2,268) for IT Support Services.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by TC Group. Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2025£243k£397k
31/12/2024£241k£367k
31/12/2023£242k£392k
31/12/2022£242k£360k
31/12/2021£222k£321k

Common questions

Is THE FOUNDATION OF SAINT MATTHIAS financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds a permanent endowment of £8,369,238 and maintains no unrestricted reserves, relying on its total return investment policy for operational funding. The trustees consider this endowment to be an adequate sum for continued expenditure, despite a net investment loss of £378,343 during the year. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by TC Group.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
ST HILD AND ST BEDE TRUST1£912k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ST HILD AND ST BEDE TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE FOUNDATION OF SAINT MATTHIAS£243k—0unclear—no doubt
ST HILD AND ST BEDE TRUST FY2025£296k—0above—no doubt
Foundation Church FY2025£114k—0unclear—no doubt
ST AUGUSTINE'S FOUNDATION FY2025£306k—0unclear—no doubt
THE WELLS CATHEDRAL SCHOOL FOUNDATION FY2025£240k—0unclear—no doubt
GRACE FOUNDATION FY2025£1.7mover £60,0002unclear—noted

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.