PALLE MOELLER FOUNDATION
General Charitable purposes in education training medical health & sports for deserving ugandans thorugh a committee of vouluntary members submiting and selecting deserving cases to attend to.
Objects
1. TO ADVANCE THE EDUCATION OF THE PUBLIC IN ALL SUBJECTS OF LEARNING INCLUDING AGRICULTURE, MEDICINE, CRAFTS, BUSINESS AND THE LIBERAL ARTS THROUGHOUT THE WORLD. 2. TO RELIEVE POVERTY THROUGHOUT THE WORLD. 3. TO PROVIDE HOUSING AND ACCOMMODATION TO THOSE PERSONS THROUGHOUT THE WORLD WHO BY VIRTUE OF THEIR CIRCUMSTANCES ARE IN NEED OF SUCH FACILITIES. 4. TO PROMOTE PUBLIC HEALTH THROUGH THE PROVISION OF HEALTH CARE TO THOSE PERSONS THROUGHOUT THE WORLD WHO BY VIRTUE OF THEIR CIRCUMSTANCES ARE IN NEED OF SUCH FACILITIES. 5. TO RELIEVE PERSONS THROUGHOUT THE WORLD WHO ARE SUFFERING HARDSHIP AS A RESULT OF DROUGHT, EARTHQUAKE, FLOOD OR OTHER NATURAL DISASTER OR WHO BY REASON OF THEIR SOCIAL AND ECONOMIC CONDITIONS ARE IN NEED OF ASSISTANCE.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £2,200 for the year ended 31 March 2025, following a significant prior-year deficit. Per the trustees' report, the charity has adequate operational funds to continue as a going concern, despite noting that some funds were withheld by the Central Bank of Uganda due to the liquidation of Mercantile Credit Bank Ltd.
What the accounts disclose
“The value of the Endowment Fund was maintained at £105,843 as per the Foundation policy.” — page 5
“The charity, despite its reserves being withheld by Bank of Uganda under the recently liquidated Mercantile Credit Bank Ltd, has adequate operational funds to enable it continue as a going concern for the foreseeable future.” — page 5
“There were no related party transactions for the year ended 31st March 2025.” — page 18
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
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
Trustees
- Dorothy Moellerchair
- Micheal Lumu Moeller
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £72k | £70k |
| 31/03/2024 | £70k | £263k |
| 31/03/2023 | £51k | £40k |
| 31/03/2022 | £88k | £54k |
| 31/03/2021 | £57k | £61k |
Common questions
Is PALLE MOELLER FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income of £2,200 for the year ended 31 March 2025, following a significant prior-year deficit. Per the trustees' report, the charity has adequate operational funds to continue as a going concern, despite noting that some funds were withheld by the Central Bank of Uganda due to the liquidation of Mercantile Credit Bank Ltd. Its FY2025 accounts were independently examined.