THE THOMSON FOUNDATION
Primary activities are concerned with the training of television, radio, newspaper, magazine and news agency personnel; the encouragement of good management practices; technical assistance in print and broadcasting; and help and advice in the development of new outlets for journalists and broadcasters, including the internet.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £424k for the year, resulting in a deficit compared to the previous year. However, the trustees note that significant headroom exists due to expendable endowment funds, reducing going concern risks to a very low level. Free unrestricted reserves stood at £602k at year-end.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- THOMSON FOUNDATION (TRUSTEE) LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.3m | £3.7m |
| 31/12/2023 | £2.4m | £3.4m |
| 31/12/2022 | £2.4m | £2.9m |
| 31/12/2021 | £2.6m | £2.7m |
| 31/12/2020 | £2.6m | £2.6m |
Common questions
Is THE THOMSON FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £424k for the year, resulting in a deficit compared to the previous year. However, the trustees note that significant headroom exists due to expendable endowment funds, reducing going concern risks to a very low level. Free unrestricted reserves stood at £602k at year-end. Its FY2024 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LSEG Foundation | 1 | £76k |
| CULHAM ST GABRIEL'S TRUST | 1 | £48k |
| SIR HALLEY STEWART TRUST | 1 | £21k |
| ST PETER'S, SALTLEY TRUST | 1 | £17k |
| BUCKINGHAMSHIRE COMMUNITY FOUNDATION | 1 | £10k |
| THE ARCHBISHOP OF CANTERBURY'S CHARITABLE FOUNDATION | 1 | £5k |
Charities like this
- NATIONAL COUNCIL FOR THE TRAINING OF JOURNALISTS
- THOMSON REUTERS FOUNDATION
- THE MARJORIE DEANE FINANCIAL JOURNALISM FOUNDATION
- THE GUARDIAN FOUNDATION
- THE PUBLISHING TRAINING CENTRE FOUNDATION
- BREAKTHROUGH U.K. LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE THOMSON FOUNDATION | £3.3m | — | — | unclear | — | no doubt |
| NATIONAL COUNCIL FOR THE TRAINING OF JOURNALISTS | £2.0m | — | — | unclear | — | no doubt |
| THOMSON REUTERS FOUNDATION | £22.9m | £330K - £340K | — | above | — | no doubt |
| THE MARJORIE DEANE FINANCIAL JOURNALISM FOUNDATION | £417k | — | 0 | unclear | — | no doubt |
| THE GUARDIAN FOUNDATION | £1.5m | — | — | unclear | — | no doubt |
| THE PUBLISHING TRAINING CENTRE FOUNDATION | £263k | £60,001 - £70,000 | 1 | unclear | — | no doubt |