Community Foundation North East
Latest income
£10.7m
Latest spending
£10.7m
Registered
1988
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves were £2,614,063, with a general reserve of £1,042,001 which is slightly above the Board's calculated maximum policy target of £838,000. The charity reported total income of £11.81m and net assets of £103.60m, with the Board confirming sufficient resources to continue as a going concern.
What the accounts disclose
Reserves policy: up to 12 months of operating costs (held: £2.6m)
“The Board sets a maximum level of reserves to allow the Community Foundation North East to operate for up to 12 months if income streams were significantly impacted by market conditions and a minimum level based on the same scenario but adjusting some costs during the 12 months”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Directors and their associated companies donated £1,776,773 to named funds.
“During the year Directors and their associated companies donated a total of £1,776,773 (2024: £274,452) to Community Foundation North East named endowment and revenue funds” — page 50
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Tyne & Wear Foundation Limited
“Tyne & Wear Foundation Limited — a trading company whose profits are covenanted to the Community Foundation North East.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.
Leadership, per the charity’s website
- Phil Moorhouse — Chair
- Jill Baker — Deputy Chair
Funders the charity credits
- Northern Powergrid
- Fogo Fund
Structured financials (annual return, FY ending 31/03/2025)
Total income
£11.8m
Total spending
£10.7m
Cost of raising funds
£663k
Reserves (reported)
£878k
Employees
24
Register events
- Received assets from another charity (24/09/2024)
- Received assets from another charity (18/01/2023)
- Received assets from another charity (15/12/2022)
- Received assets from another charity (07/04/2022)
- Received assets from another charity (19/01/2021)
- Received assets from another charity (19/01/2021)
Trustees
- Philip James Moorhousechair
- Claire Malcolm
- Colin Thompson Hewitt
- Dawn Creighton
- Dr Laura Elizabeth Warwick
- Fiona Standfield
- Gillian Baker
- Lucia Bridgeman
- Michael Keith Brodie
- Pamela Smith
- Paul Neil Farquhar
- Sarah Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £10.7m | £10.7m |
| 31/03/2024 | £10.1m | £10.0m |
| 31/03/2023 | £7.9m | £9.3m |
| 31/03/2022 | £9.4m | £10.0m |
| 31/03/2021 | £9.4m | £8.5m |
Common questions
Is Community Foundation North East financially healthy?
The accounts state that unrestricted reserves were £2,614,063, with a general reserve of £1,042,001 which is slightly above the Board's calculated maximum policy target of £838,000. The charity reported total income of £11.81m and net assets of £103.60m, with the Board confirming sufficient resources to continue as a going concern. Its FY2025 accounts were audited by Azets Audit Services.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FOYLE FOUNDATION | 2 | £400k |
| LILIAN FRANCES HIND BEQUEST (TRUSTEES OF LADY HIND) | 2 | £6k |
| LEMPRIERE PRINGLE 2015 | 1 | £500k |
| THE EARL OF NORTHAMPTON'S CHARITY | 1 | £456k |
| DAVID LAING FOUNDATION | 1 | £106k |
| THE JOHN ARMITAGE CHARITABLE TRUST | 1 | £70k |
| JOHN LAING CHARITABLE TRUST | 1 | £55k |
| THE RANWORTH TRUST 1985 | 1 | £40k |