EDUCATIONAL FOUNDATION OF ALDERMAN JOHN NORMAN
The Educational of Children who are descendants of Alderman John Norman and children/young people residing within the Parish of Old Catton.Educational Organisations within the Parish of Old Catton,the City of Norwich and its immediate suburbs.
Objects
(A) THE AWARD TO BENEFICIARIES (BOYS AND GIRLS AND YOUNG PERSONS WHO, IN THE OPINION OF TRUSTEES, ARE IN NEED OF FINANCIAL ASSISTANCE) OF EXHIBITIONS, SCHOLARSHIPS OR MAINTENANCE ALLOWANCES TENABLE EITHER AT ANY SCHOOL, UNIVERSITY OR OTHER EDUCATIONAL ESTABLISHMENT. (B) THE GRANT TO BENEFICIARIES OF FINANCIAL ASSISTANCE, OUTFITS, CLOTHING, TOOLS, INSTRUMENTS OR BOOKS TO HELP THEM ON LEAVING SCHOOL, UNIVERSITY OR OTHER EDUCATIONAL ESTABLISHMENT. (C) THE ADVANCEMENT OF THE EDUCATION OF BENEFICIARIES IN SUCH OTHER WAYS AS THE TRUSTEES MAY DETERMINE. (D) OTHER EDUCATION BENEFITS. (E) GRANTS FOR THE BENEFIT OF SCHOOLS WHICH ARE ESTABLISHED FOR CHARITABLE PURPOSES ONLY AND ARE NOT MAINTAINED BY THE LOCAL EDUCATION AUTHORITY. (F) GRANTS FOR THE PURPOSE OF HELPING AND EDUCATING YOUNG PERSONS THROUGH RECREATION AND OTHER LEISURE TIME ACTIVITIES SO TO DEVELOP THEIR PHYSICAL MENTAL AND SPIRITUAL CAPACITIES SO THAT THEIR CONDITIONS OF LIFE MAY BE IMPROVED.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £109,020, which is above the trustees' stated policy target of £60,000 to £70,000. Total assets less current liabilities increased to £11,907,382, driven by significant unrealised gains on investment assets, while the charity maintained a positive cash flow from operations.
What the accounts disclose
“The Trustees aim to keep unrestricted funds equivalent to one year's charitable expenditure. This is currently estimated to be between £60,000 and £70,000.” — page 6
Policies the charity declares
- Complaints handling
- 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
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Grant-making is its main activity
Property (HM Land Registry)
Trustees
- CHRISTOPHER D BROWNchair
- David J Nobbs
- Doctor Rachel Thomson
- FRANCIS WHYMARK
- ROGER SANDALL
- ROY HUGHES
- Rev Andrew Parsons
- Rev PHILIP BUTCHER
- TRACEY C HUGHES
- Tim Lawes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £291k | £331k |
| 31/03/2024 | £329k | £320k |
| 31/03/2023 | £291k | £308k |
| 31/03/2022 | £288k | £282k |
| 31/03/2021 | £251k | £305k |
Common questions
Is EDUCATIONAL FOUNDATION OF ALDERMAN JOHN NORMAN financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £109,020, which is above the trustees' stated policy target of £60,000 to £70,000. Total assets less current liabilities increased to £11,907,382, driven by significant unrealised gains on investment assets, while the charity maintained a positive cash flow from operations. Its FY2025 accounts were audited by Sumer Auditco Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £2.2m |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £674k |
| ACHISOMOCH AID COMPANY LIMITED | 1 | £564k |
| KUSUMA TRUST UK | 1 | £154k |
| CORAM LIFE EDUCATION | 1 | £22k |
| BELZ FOUNDATION LTD | 1 | £21k |
| THE BENZI DUNNER SCHOOLS TRUST | 1 | £10k |
| THE TANLAW FOUNDATION | 1 | £8k |
Charities like this
- NOAM EDUCATIONAL TRUST
- THE EDUCATION ENDOWMENT FOUNDATION
- THE OLD ELTHAMIANS' CHARITABLE TRUST
- ETON PARISH EDUCATIONAL TRUST
- ETHEL JAMES TRUST FUND
- ALDERMAN NEWTON'S EDUCATIONAL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| EDUCATIONAL FOUNDATION OF ALDERMAN JOHN NORMAN | £291k | — | 0 | unclear | — | no doubt |
| NOAM EDUCATIONAL TRUST | £746k | — | 0 | unclear | — | no doubt |
| THE EDUCATION ENDOWMENT FOUNDATION | £52.4m | — | 0 | unclear | — | no doubt |
| THE OLD ELTHAMIANS' CHARITABLE TRUST | £82k | — | 0 | above | — | no doubt |
| ETON PARISH EDUCATIONAL TRUST | £27k | — | 0 | unclear | — | no doubt |
| ETHEL JAMES TRUST FUND | £48k | — | 0 | unclear | — | noted |