THE ROYAL INSTITUTE OF PHILOSOPHY

Charity Number: 313834
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

We are devoted to creating, sharing and enabling philosophical thinking. We empower the curious of all ages and backgrounds to think about fundamental questions. We encourage a better understanding of our world and our place in it.. We look to actively support this work through grant giving programmes and a series of public lectures across the UK, encouraging positive access for many.

Income and expenditure

Data for financial year ending 31 July 2024

Total income:
£576,113

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £224.34k
Charitable activities £281.79k
Other trading activities £0
Investments £40.76k
Other £29.22k

Total expenditure:
£554,728

Text alternative for this canvas graphic is in the data table below.
Raising funds £0
Charitable activities £554.73k
Other £0

£0 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 £554.73k
Retained for future use £21.39k

People

2 Employee(s)

12 Trustee(s)

35 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

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

What the charity does:
  • Education/training
  • Arts/culture/heritage/science
  • Recreation
Who the charity helps:
  • Children/young People
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 07 October 1963: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
00205110 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • 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
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity does not own and/or lease 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

12 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Professor Susan James Trustee 13 July 2023
BRITISH SOCIETY FOR THE HISTORY OF PHILOSOPHY
Received: On time
Professor Hallvard Lillehammer Trustee 13 July 2023
None on record
Dr David Edmonds Trustee 21 December 2022
None on record
Dr James Wilson Trustee 21 December 2022
None on record
Professor John Haldane Trustee 17 December 2021
THE SOCIETY FOR EDUCATIONAL STUDIES
Received: On time
Dr Lea Cecile Salje Trustee 29 March 2021
None on record
Dr SARAH BETH LORD Trustee 11 December 2020
None on record
Dr Constantinos Sandis Trustee 11 December 2020
None on record
Professor Ben Andrew Colburn Trustee 11 December 2020
None on record
Dr Rachel Wiseman Trustee 21 May 2019
None on record
Professor Lucy O'Brien Trustee 14 December 2018
None on record
DR Sarah Sawyer Trustee 13 December 2016
None on record

Financial history

" role="img"> Text alternative for this canvas graphic is in the data table below.

Financial period end date

Income / Expenditure 31/07/2020 31/07/2021 31/07/2022 31/07/2023 31/07/2024
Total gross income £456.49k £470.74k £449.29k £495.00k £576.11k
Total expenditure £379.03k £389.21k £524.93k £515.16k £554.73k
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 £224.34k
Income - Other trading activities N/A N/A N/A N/A £0
Income - Charitable activities N/A N/A N/A N/A £281.79k
Income - Endowments N/A N/A N/A N/A £0
Income - Investment N/A N/A N/A N/A £40.76k
Income - Other N/A N/A N/A N/A £29.22k
Income - Legacies N/A N/A N/A N/A £0
Expenditure - Charitable activities N/A N/A N/A N/A £554.73k
Expenditure - Raising funds N/A N/A N/A N/A £0
Expenditure - Governance N/A N/A N/A N/A £7.37k
Expenditure - Grants institution N/A N/A N/A N/A £0
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.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 31/07/2020 31/07/2021 31/07/2022 31/07/2023 31/07/2024
Own use assets N/A N/A N/A N/A £26.38k
Long-term investments N/A N/A N/A N/A £117.87k
Other assets N/A N/A N/A N/A £1.53m
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 £45.65k

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 July 2024 20 February 2025 On Time
Accounts and TAR 31 July 2024 20 February 2025 On Time Download Open in new window
Annual return 31 July 2023 18 December 2023 On Time
Accounts and TAR 31 July 2023 18 December 2023 On Time Download Open in new window
Annual return 31 July 2022 19 December 2022 On Time
Accounts and TAR 31 July 2022 19 December 2022 On Time Download Open in new window
Annual return 31 July 2021 03 February 2022 On Time
Accounts and TAR 31 July 2021 03 February 2022 On Time Download Open in new window
Annual return 31 July 2020 16 February 2021 On Time
Accounts and TAR 31 July 2020 16 February 2021 On Time Download Open in new window
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.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 6 APRIL 1925 AS AMENDED BY SPECIAL RESOLUTION DATED 16 JANUARY 2009 as amended on 12 Dec 2024

Charitable objects

3.1 THE OBJECT IS TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE SUBJECT OF PHILOSOPHY BY: 3.1.1 ORGANISING AND PROMOTING THE TEACHING, DISCUSSION; AND RESEARCH IN THE SUBJECT OF PHILOSOPHICAL STUDIES; 3.1.2 PROVIDING OPPORTUNITIES FOR THE STUDY OF PHILOSOPHY AND ANY SUBJECT COGNATE OR ALLIED TO THE STUDY OF PHILOSOPHY; 3.1.3 ARRANGING LECTURES, CLASS TEACHING, SEMINARS, PUBLIC MEETINGS, CONFERENCES AND DISCUSSIONS; 3.1.4 ESTABLISHING, CONTROLLING, MANAGING AND CARRYING ON COLLEGES, HALLS, SCHOOLS, LECTURE ROOMS AND OPPORTUNITIES FOR STUDY AND RESEARCH; 3.1.5 ESTABLISHING AND AWARDING PROFESSORSHIPS, FELLOWSHIPS, LECTURESHIPS, READERSHIPS, SCHOLARSHIPS, EXHIBITIONS, PRIZES, GRANTING CERTIFICATES AND CONDUCTING EXAMINATIONS IN CONNECTION WITH PHILOSOPHICAL SUBJECTS. 3.1.6 PROMOTING AND UNDERTAKING SUCH OTHER ACTIVITIES WHICH PROMOTE THE OBJECT AND WHICH THE EXECUTIVE COMMITTEE IN THEIR ABSOLUTE DISCRETION DETERMINE.

Area of benefit

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

NOT DEFINED

Contact information

Address:
Room 283
Senate House
Malet Street
London
WC1E 7HU
Phone:
02076644851
Email:
m.nightingale@royalinstitutephilosophy.org
Website:

www.royalinstitutephilosophy.org Open in new window