THE DE LASZLO FOUNDATION
Advancement and promotion of education and interest in the visual arts; to encourage research into the retoration of works of art; to advance education and research generally in the areas of arts, science, economics and medicine; and to encourage the study, reproduction and cataloguing of works of art.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £4,988,088 at 31 March 2025, up from £4,787,804 in the prior year, driven by investment returns and a surplus of income over charitable expenditure. The trustees consider it appropriate to maintain this surplus to create stable financial reserves, noting the charity has no employees and limited operating expenses. The auditors confirmed the use of the going concern basis with no material uncertainties identified.
What the accounts disclose
“The Foundation’s policy was to build up its reserves for twenty one years to January 2008 whilst it had the power to accumulate income and to generate sufficlent grant and investment income to cover expenditure. From this date onwards the expenditure of the Foundation should exceed that of the income in accordance with the Trust deeds” — page 5
“The charity made donations of £234,000 (2024: £245,000) to a related charity, The de Laszlo Archive Trust during the year. The charities are related through Daman de Laszlo being the common founder.” — page 23
“Damon de Laszlo is a directar of Lombos Limited, in which The de Laszlo Foundation holds shares at a value of £353,908 (2024: £363,057}. A dividend of £464,333 (2024: £478,439} was received in the year,” — page 23
“The charity made donations of £234,000 (2024: £245,000) to a related charity, The de Laszlo Archive Trust during the year. The charities are related through Daman de Laszlo being the common founder.” — page 23
“Damon de Laszlo is a directar of Lombos Limited, in which The de Laszlo Foundation holds shares at a value of £353,908 (2024: £363,057}. A dividend of £464,333 (2024: £478,439} was received in the year,” — page 23
“The charity made donations of £234,000 (2024: £245,000) to a related charity, The de Laszlo Archive Trust during the year. The charities are related through Daman de Laszlo being the common founder.” — page 23
“Damon de Laszlo is a directar of Lombos Limited, in which The de Laszlo Foundation holds shares at a value of £353,908 (2024: £363,057}. A dividend of £464,333 (2024: £478,439} was received in the year,” — page 23
“The charity made donations of £234,000 (2024: £245,000) to a related charity, The de Laszlo Archive Trust during the year. The charities are related through Daman de Laszlo being the common founder.” — page 23
“Damon de Laszlo is a directar of Lombos Limited, in which The de Laszlo Foundation holds shares at a value of £353,908 (2024: £363,057}. A dividend of £464,333 (2024: £478,439} was received in the year,” — page 23
“The charity made donations of £234,000 (2024: £245,000) to a related charity, The de Laszlo Archive Trust during the year. The charities are related through Daman de Laszlo being the common founder.” — page 23
“Damon de Laszlo is a directar of Lombos Limited, in which The de Laszlo Foundation holds shares at a value of £353,908 (2024: £363,057}. A dividend of £464,333 (2024: £478,439} was received in the year,” — page 23
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- DAMON PATRICK DE LASZLO CBEchair
- LUCY DEBORAH BIRKBECK
- ROBERT DAMON DE LASZLO ACA
- WILLIAM PATRICK DE LASZLO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.6m | £1.5m |
| 31/03/2024 | £1.5m | £1.1m |
| 31/03/2023 | £1.4m | £1.1m |
| 31/03/2022 | £1.4m | £1.1m |
| 05/04/2021 | £1.1m | £763k |
Common questions
Is THE DE LASZLO FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £4,988,088 at 31 March 2025, up from £4,787,804 in the prior year, driven by investment returns and a surplus of income over charitable expenditure. The trustees consider it appropriate to maintain this surplus to create stable financial reserves, noting the charity has no employees and limited operating expenses. The auditors confirmed the use of the going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Sheen Stickland.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HUO FAMILY FOUNDATION (UK) LIMITED | 1 | £2.3m |
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £543k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £111k |
| THE FUNDING NETWORK | 1 | £85k |
| THE LOVINGTON FOUNDATION | 1 | £39k |
| THE STEVENSON FAMILY'S CHARITABLE TRUST | 1 | £25k |
| THE ALBERT DAWSON EDUCATIONAL TRUST | 1 | £23k |
| The Portal Trust | 1 | £20k |
Charities like this
- THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE
- ARTSWORK LIMITED
- THE INGRAM ART FOUNDATION
- THE HINTZE FAMILY CHARITABLE FOUNDATION
- THE DONALD GORDON SECOND FOUNDATION
- THE COURTAULD INSTITUTE OF ART FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE DE LASZLO FOUNDATION | £1.6m | — | 0 | above | — | no doubt |
| THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE | £133k | — | 0 | above | — | no doubt |
| ARTSWORK LIMITED | £1.9m | — | — | unclear | — | no doubt |
| THE INGRAM ART FOUNDATION | £152k | — | — | unclear | — | no doubt |
| THE HINTZE FAMILY CHARITABLE FOUNDATION | £688k | — | 0 | unclear | — | no doubt |
| THE DONALD GORDON SECOND FOUNDATION | £3.2m | Under £60,000 | 0 | unclear | — | no doubt |