THE AUTHOR'S FOUNDATION
The Foundation gives grants to professional writers working on a book, in order to help cover research expenditure or to buy time
Objects
TO ADVANCE THE EDUCATION OF THE PUBLIC BY (1) MAKING GRANTS OR AWARDS OUT OF INCOME TO AUTHORS OF OUTSTANDING LITERARY MERIT TO ENABLE THEM TO CREATE AND/OR PROCURE PUBLICATION OF LITERARY WORKS OF EDUCATIONAL VALUE OF ARTISTIC MERIT, AND (2) PROMOTING THE PUBLICATION AND DISSEMINATION OF LITERARY WORKS OF EDUCATIONAL VALUE OR ARTISTIC MERIT.
Financial health, per its FY2025 accounts
The charity holds total net assets of £5,269,929, comprising an unrestricted fund of £2,532,597 and a restricted endowment fund of £2,737,332. The trustees state that the charity has sufficient but not excessive funds to service its objectives and has adequate resources to continue in operational existence for the foreseeable future. The charity relies on investment income as its principal source of funds, having ceased fundraising activities in the current year.
What the accounts disclose
“Reserves Policy The Trustees policy is to operate on the basis of being able to continue to generate sufficient incoming resources to use toward meeting their charitable objectives and to accord with their principal terms. The Trustees are of the opinion that the funds remain sufficient to enable them to continue this ongoing objective. The charity has sufficient but not excessive funds to service its objective of making future charitable distributions.” — page 4
“The Society of Authors, which is a Trustee of the Foundation, carried out management services for the Foundation and charged management fee for the year amounting to £64,044 (2024: £62,184).” — page 13
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- 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 policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- 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 31/12/2025
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Trustees
- Ardashir Navroz Vakil
- George Reginald Clive Graham
- Moniza Alvi
- Sarah Ann Waters
- The Society of Authors
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £233k | £445k |
| 31/12/2024 | £195k | £436k |
| 31/12/2023 | £211k | £435k |
| 31/12/2022 | £212k | £430k |
| 31/12/2021 | £184k | £281k |
Common questions
Is THE AUTHOR'S FOUNDATION financially healthy?
Per its FY2025 accounts: The charity holds total net assets of £5,269,929, comprising an unrestricted fund of £2,532,597 and a restricted endowment fund of £2,737,332. The trustees state that the charity has sufficient but not excessive funds to service its objectives and has adequate resources to continue in operational existence for the foreseeable future. The charity relies on investment income as its principal source of funds, having ceased fundraising activities in the current year. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TANAGRA FOUNDATION | 1 | £41k |
| THE D G CHARITABLE TRUST | 1 | £25k |
| The Common Humanity Arts Trust | 1 | £10k |
Charities like this
- THE AUTHORS' CONTINGENCY FUND
- AUTHORS' AWARDS AND ADVANCEMENT
- THE FOUNDATION FOUNDATION
- THE ROYAL LITERARY FUND
- THE READING FOUNDATION
- FRANCIS HEAD AWARD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE AUTHOR'S FOUNDATION | £233k | — | — | above | — | no doubt |
| THE AUTHORS' CONTINGENCY FUND | £49k | — | — | unclear | — | no doubt |
| AUTHORS' AWARDS AND ADVANCEMENT | £162k | — | — | unclear | — | no doubt |
| THE FOUNDATION FOUNDATION | £177k | — | 0 | above | — | no doubt |
| THE ROYAL LITERARY FUND | £4.3m | — | — | unclear | — | no doubt |
| THE READING FOUNDATION | £517k | — | 0 | unclear | — | no doubt |