the reece foundation
Activities & Mission
PROMOTE MANUFACTURING AND SUPPORT OF EDUCATION WITH EMPHASIS IN THE NORTH EAST, PARTICULARLY RELATING TO ENGINEERING MATHS AND PHYSICS BUT ALSO INCLUDING ISSUES AFFECTING THE COUNTRYSIDE AND OTHER LOCAL CHARITIES
Fundraising
See where The Reece Foundation is active and find local fundraising opportunities.
Region
Financial Information
Latest Income
£376,441
Latest Expenditure
£1,544,426
Financial Efficiency
Program Ratio 339.6%
% of income going directly to charitable activities
Overall Efficiency 92.6%
% of expenditure going to programs (vs overhead)
Administrative Ratio 7.4%
Overhead (fundraising + governance) as % of total expenditure
Latest Financial Breakdown
Income Sources
Donations & Legacies £565,000
Charitable Activities £0
Other Trading £0
Investments £189,872
Other Income £0
Expenditure Categories
Charitable Expenditure £2,563,405
Raising Funds £204,344
Governance £0
Grants to Institutions £0
Other Expenditure £0
Financial Trend
Annual Returns
| Financial Year | Income | Expenditure | Charitable Spending | Net Assets | Reserves | Staff |
|---|---|---|---|---|---|---|
| 2024 | £376,441 | £1,544,426 | 0 / 0 | |||
| 2023 | £308,737 | £1,753,090 | 0 / 0 | |||
| 2022 | £230,263 | £1,052,451 | 0 / 0 | |||
| 2021 | £754,872 | £2,767,749 | £2,563,405 | £35,206,192 | £0 | 0 / 0 |
| 2020 | £1,517,039 | £1,466,352 | £1,295,540 | £33,348,563 | £33,348,563 | 0 / 0 |
Staff column shows: Employees / Volunteers
Details
Address
40 Grosvenor Place
NEWCASTLE UPON TYNE
NE2 2RE
NEWCASTLE UPON TYNE
NE2 2RE
Website
www.reece-foundation.orgRegistration Date
22 October 2007
Status
Registered
Registry Information
Organisation Number
4034716
Charity Number
1121325
Trustees
SIMON GILROY
ANNE DOROTHY REECE
Professor David Roy Sandbach
ELLA CORNISH
Terence Joseph Courtney