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The Reece Foundation

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

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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

Areas of Operation

Where this charity is registered to operate, as self-declared to the Charity Commission. These are regulatory classifications, not a list of active programmes, and don't necessarily indicate fundraising activity in each location.

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

As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2024.

Financial YearIncomeExpenditureCharitable SpendingNet AssetsReservesStaff
2024
£376,441
£1,544,4260 / 0
2023
£308,737
£1,753,0900 / 0
2022
£230,263
£1,052,4510 / 0
2021
£754,872
£2,767,749£2,563,405£35,206,192£00 / 0
2020
£1,517,039
£1,466,352£1,295,540£33,348,563£33,348,5630 / 0

Staff column shows: Employees / Volunteers

Frequently asked questions about The Reece Foundation

What does The Reece Foundation do?

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

How much income did The Reece Foundation report in 2024?

The Reece Foundation reported total income of £376k and reported expenditure of £1.54m for the financial year ending 2024, based on the most recent annual return filed with the Charity Commission.

When was The Reece Foundation registered as a charity?

The Reece Foundation was registered with the Charity Commission for England and Wales on 22 October 2007 as charity number 1121325. It has been registered for 19 years.

Who runs The Reece Foundation?

The Reece Foundation is governed by a board of 5 trustees. The chair of trustees is ANNE DOROTHY REECE. Trustees are legally responsible for the charity's governance and are listed in full on its profile.

Where does The Reece Foundation operate?

The Reece Foundation operates in England, as recorded in its Charity Commission filing.

Is The Reece Foundation a registered charity?

Yes — The Reece Foundation is a registered charity in England and Wales, charity number 1121325.

Details

Address
40 Grosvenor Place
NEWCASTLE UPON TYNE
NE2 2RE
Registration Date
22 October 2007
Status
Registered

Registry Information

Organisation Number
4034716
Charity Number
1121325

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Trustees

ANNE DOROTHY REECE Chair
ELLA CORNISH
Professor David Roy Sandbach
Also governs 1 other charity
SIMON GILROY
Terence Joseph Courtney

Data & trust

Register data refreshed
30 July 2026
Report a data issue