THE ROTHERMERE FOUNDATION
Supporting Phd students from Memorial University of Newfoundland to continue their education in the UK, supporting Rothermere American Institute, Oxford, other grant making
Objects
“The Trustees shall stand possessed of the Trust Property upon the trusts following that is to say:- (a) Upon trust to apply such of the income thereof as the Trustees’ in their absolute discretion determine in perpetuity in establishing and maintaining scholarships to be known as "Rothermere Scholarships" and to be from time to time awarded in manner hereinafter mentioned to graduates of the Memorial University to be held and enjoyed by those graduates when taking post graduate courses at a United Kingdom University in accordance with the subsequent provisions of this Deed;(b) Subject as aforesaid upon trust to apply such of the income thereof as the Trustees in their absolute discretion determine to advance such charitable purposes (according to the law of England and Wales) as the Trustees see fit from time to time.”
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £50,314,721, driven by significant investment gains of £4,558,552, despite a net loss on operations of £1,683,497. Free reserves of £6,954,367 exceed the trustees' stated policy target of twelve months of unrestricted expenditure. The trustees and auditors confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The total net result for the year (before unrealised gains and losses) was a loss of £1,683,497 (2024: £1,985,128). This comprises net income of £428 in the Unrestricted General Fund (2024: £445,145), net income of £66,075 in the Rothermere Fellows Fund (2024: £255,424) and net expenditure of £1,750,000 in the Expendable Endowment Fund (2024: £2,685,697).” — page 6
“The Trustees consider that maintaining free reserves of a minimum of twelve months of unrestricted expenditure is sufficient to deliver the core work of the charity. At 31 December 2025, free reserves, defined as including the General Fund and Rothermere Fellows Fund, but excluding the designated Fixed Asset Fund, totalled £6,954,367, exceeding this minimum threshold.” — page 5
“Mr V P W Harmsworth’s fees as Secretary for the year ended 30 September 2025 were £56,842 (2024: £54,580). He also received £3,058 (2024: £2,666) in reimbursed travel and other expenses.” — page 23
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
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/09/2025
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for acting as trustee
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/09/2024
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for acting as trustee
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/09/2023
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for acting as trustee
- Grant-making is its main activity
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- RT HON VISCOUNT JONATHAN ROTHERMEREchair
- THE VISCOUNTESS CLAUDIA ROTHERMERE
- VYVYAN PETER WILFRED HARMSWORTH LVO
- Vere Richard Jonathan Harold Harmsworth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £785k | £2.5m |
| 30/09/2024 | £1.4m | £3.4m |
| 30/09/2023 | £1.4m | £883k |
| 30/09/2022 | £40.4m | £1.1m |
| 30/09/2021 | £1.2m | £824k |
Common questions
Is THE ROTHERMERE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased to £50,314,721, driven by significant investment gains of £4,558,552, despite a net loss on operations of £1,683,497. Free reserves of £6,954,367 exceed the trustees' stated policy target of twelve months of unrestricted expenditure. The trustees and auditors confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MICHAEL BISHOP FOUNDATION | 1 | £408k |
| TALBOT VILLAGE TRUST | 1 | £50k |
| THE HISCOX FOUNDATION | 1 | £50k |
| THE HARGREAVES FOUNDATION | 1 | £11k |
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | 1 | £5k |
Charities like this
- THE DARBY RIMMER MND FOUNDATION
- THE ROSENBERG MEMORIAL FUND
- THE HABERDASHERS' FOUNDATION
- CONNIE ROTHMAN LEARNING TRUST
- THE NORTHCOTE TRUST
- CHRIST THE REDEEMER COLLEGE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ROTHERMERE FOUNDATION | £785k | — | 0 | above | — | no doubt |
| THE DARBY RIMMER MND FOUNDATION | £709k | — | 0 | above | — | no doubt |
| THE ROSENBERG MEMORIAL FUND | £49k | — | 0 | unclear | — | no doubt |
| THE HABERDASHERS' FOUNDATION | £454k | £60,001 - £70,000 | 4 | unclear | — | no doubt |
| CONNIE ROTHMAN LEARNING TRUST | £1.6m | Over £60,000 | 5 | above | — | no doubt |
| THE NORTHCOTE TRUST | £179k | — | 0 | unclear | — | no doubt |