NICHOLAS CHAMBERLAINE'S SCHOOL FOUNDATION
Grants to the four schools of the foundation to keep the Foundation schools in good repair. Educational grants to children and young persons whoi live in Bedworth or are attending or have attended one of the Foundation schools who are going on to further education. Grant to the NIcholas Chamberlaine's Hospital and Sermon Charity.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased by £4,625,479 to £35,827,496 due to a net loss of £5,372,974, largely driven by the disposal of investment property. Per the trustees' report, the charity does not engage third parties for fundraising and maintains reserves it believes are sufficient to cover contingencies and meet future grant requests.
What the accounts disclose
“Dividends and interest receivable from investment portfolio 508,095” — page 19
“It is not the policy of the Foundation to retain excessive reserves.” — page 5
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Amy Margaret Yeo Mrs
- Dale Kirk Bridgewater Mr
- JANE CORRIGAN
- Judith Knight
- Kevin Elliott
- MARK LANCELOTT GUTTERIDGE
- Paul Frederick Spencer
- Rev David Poultney
- Robert Erskine Mr
- Robert Maggs Mr
- William JOhn Hancox Mr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.1m | £6.6m |
| 31/12/2023 | £434k | £944k |
| 31/12/2022 | £382k | £425k |
| 31/12/2021 | £387k | £472k |
| 31/12/2020 | £303k | £379k |
Common questions
Is NICHOLAS CHAMBERLAINE'S SCHOOL FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds decreased by £4,625,479 to £35,827,496 due to a net loss of £5,372,974, largely driven by the disposal of investment property. Per the trustees' report, the charity does not engage third parties for fundraising and maintains reserves it believes are sufficient to cover contingencies and meet future grant requests. Its FY2024 accounts were audited by Armstrongs Bishop Simmons.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHIPPING SODBURY TOWN LANDS CHARITY | 1 | £96k |
Charities like this
- BECKETT'S AND SARGEANT'S EDUCATIONAL FOUNDATION
- The Framlingham Foundation Trust T/A The Ed Sheeran Suffolk Music Foundation
- Bedford School Foundation Trust
- STANFORD FOUNDATION (UK) LIMITED
- AYLESBURY GRAMMAR SCHOOL FOUNDATION
- BEDALES GRANTS TRUST FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NICHOLAS CHAMBERLAINE'S SCHOOL FOUNDATION | £1.1m | — | 0 | above | — | no doubt |
| BECKETT'S AND SARGEANT'S EDUCATIONAL FOUNDATION | £284k | — | 0 | unclear | — | no doubt |
| The Framlingham Foundation Trust T/A The Ed Sheeran Suffolk Music Foundation | £895k | — | — | unclear | — | no doubt |
| Bedford School Foundation Trust | £2.7m | — | 0 | above | — | no doubt |
| STANFORD FOUNDATION (UK) LIMITED | £1.0m | — | 0 | above | — | no doubt |
| AYLESBURY GRAMMAR SCHOOL FOUNDATION | £160k | — | 0 | unclear | — | no doubt |