THE CLORE DUFFIELD FOUNDATION

Charity number: 1084412
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Clore Duffield Foundation is a grant making organisation which concentrates its support on education, the arts, museum and gallery education, cultural leadership training, health and social care and enhancing Jewish life whilst placing a particular emphasis on supporting children, young people and society's more vulnerable individuals.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£31,839,987

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Donations and legacies £31.46m
Charitable activities £0
Other trading activities £0
Investments £379.58k
Other £0

Total expenditure:
£5,731,235

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Raising funds £0
Charitable activities £5.73m
Other £0

£3,387,455 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £0
Charitable expenditure £5.73m
Retained for future use £26.11m

People

2 Employee(s)

6 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£90k to £100k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
  • Arts/culture/heritage/science
  • Environment/conservation/heritage
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 09 January 2001: Standard registration
Organisation type:
Other
Other names:

No other names

Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints policy and procedures
  • Conflicting interests
  • 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
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

6 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
DAME Vivien Louise Duffield DBE Chair 12 March 1982
MISS V L CLORE'S 1967 CHARITABLE TRUST
Received: On time
THE ROYAL OPERA HOUSE ENDOWMENT FUND 2000
Received: On time
RICHARD JOHN OLDFIELD Trustee 17 December 2013
THE CHRISTOPHER AND HENRY OLDFIELD TRUST
Received: On time
THE AMBER FOUNDATION
Received: On time
Jeremy Sandelson Trustee 27 June 2013
COURTNELL FOUNDATION
Received: On time
THE RAYNE FOUNDATION
Received: On time
JAMES PAUL HARDING Trustee 07 November 2012
None on record
Melanie Clore Trustee 05 July 2012
Royal Academy Trust
Received: On time
DAVID TERENCE DIGBY HARREL LLB Trustee 12 March 2006
THE MARLOWE TRUST
Received: On time
THE CLORE LEADERSHIP PROGRAMME
Received: On time
MISS V L CLORE'S 1967 CHARITABLE TRUST
Received: On time

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £5.55k £10.46k £27.84k £33.72k £31.84m
Total expenditure £4.37m £6.01m £3.40m £4.07m £5.73m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies N/A N/A N/A N/A £31.46m
Income - Other trading activities N/A N/A N/A N/A £0
Income - Charitable activities N/A N/A N/A N/A £0
Income - Endowments N/A N/A N/A N/A £0
Income - Investment N/A N/A N/A N/A £379.58k
Income - Other N/A N/A N/A N/A £0
Income - Legacies N/A N/A N/A N/A £0
Expenditure - Charitable activities N/A N/A N/A N/A £5.73m
Expenditure - Raising funds N/A N/A N/A N/A £0
Expenditure - Governance N/A N/A N/A N/A £28.29k
Expenditure - Grants institution N/A N/A N/A N/A £5.51m
Expenditure - Investment management N/A N/A N/A N/A £0
Expenditure - Other N/A N/A N/A N/A £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets N/A N/A N/A N/A £206.79k
Long-term investments N/A N/A N/A N/A £57.33m
Other assets N/A N/A N/A N/A £16.09m
Defined benefit pension scheme asset or liability N/A N/A N/A N/A £0
Total liabilities N/A N/A N/A N/A £4.06m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 14 October 2024 On Time
Accounts and TAR 31 December 2023 15 October 2024 On Time Download Open in new window
Annual return 31 December 2022 27 July 2023 On Time
Accounts and TAR 31 December 2022 27 July 2023 On Time Download Open in new window
Annual return 31 December 2021 28 September 2022 On Time
Accounts and TAR 31 December 2021 28 September 2022 On Time Download Open in new window
Annual return 31 December 2020 30 September 2021 On Time
Accounts and TAR 31 December 2020 Not Required
Annual return 31 December 2019 05 October 2020 On Time
Accounts and TAR 31 December 2019 Not Required
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

SCHEME OF THE CHARITY COMMISSIONERS DATED 22 DECEMBER 2000.

Charitable objects

TO BENEFIT SUCH CHARITIES AND SUCH CHARITABLE PURPOSES AS THE TRUSTEES MAY DETERMINE.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED.

Contact information

Address:
THE CLORE DUFFIELD FOUNDATION
UNIT 3
CHELSEA MANOR STUDIOS
FLOOD STREET
LONDON
Phone:
02073516061
Email:
info@cloreduffield.org.uk
Website:

www.cloreduffield.org.uk Open in new window