FOUNDATION SCOTLAND

1. FOUNDATION SCOTLAND 2012-12-07 → present
2. THE SCOTTISH COMMUNITY FOUNDATION 1998-09-11 → 2012-12-07
3. THE CALEDONIAN FOUNDATION 1994-09-07 → 1998-09-11

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Henderson Loggie LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees have considered the position for the next twelve months from the date of signing the financial statements, and have concluded that the use of the going concern basis of accounting is appropriate because there are no material uncertainties relating to activities or conditions that may cast doubt about the ability of the charity to continue as a going concern.”

Significant events

• “Foundation Scotland distributed over £32m to communities across Scotland, working alongside a wide range of donors and partners.”
• “Our newly established Response Fund is one such example, developed to help organisations cope with unpredicted cost increases and to support the long-term sustainability of community-led services.”
• “The community benefit funds we support continue to grow, with 23 new funds developed and designed in the year across a range of net zero technologies.”
• “We welcomed new philanthropists and established funds worth over £0.6m. Events like our 'Mistakes in Philanthropy' with Sir Tom Hunter inspired greater engagement and learning.”
• “Our partnership with the Scottish Charity Regulator [OSCR) on the Revitalising Trusts Project has now unlocked over £6.5m from dormant charitable accounts.”
• “In social investment, we hit a milestone as our first investee, GalGael Trust, completed repayment of their 2014 loan. This year, we made over £1m new investments.”
• “We launched the Edinburgh Regenerative Futures Fund a £15m ten-year initiative co-designed with communities to tackle poverty, racism and climate change in Edinburgh.”
• “Internally, we've expanded our team and Board to strengthen capacity, governance, and specialism. We also appointed a People & Culture Business Partner to embed a learning culture and enhance our operational approach.”
• “The 'Revitalising Trusts' project passed the £6.5m mark of funds revitalised, with a further £120k currently in process, and with funds totalling £95k reorganised and managed by Foundation Scotland.”
• “We also established seventeen new community benefit funds and were appointed as new administrators for six existing funds.”
• “Dundee North West pitch was opened to the public in October 2024.”
• “After 2 years in development, the Edinburgh Regenerative Futures Fund officially launched in March 2025.”
• “Based on the rich data gathered and the clear benefit of longer term and unrestricted funding, in March 2025, each organisation was awarded a further three years of funding, bringing the total length of each grant to six years.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -60.8%

  £80,253,000 → £31,449,000

• Cash

  +4.5%

  £85,120,000 → £88,908,000

• Net assets

  -3.8%

  £137,289,000 → £132,056,000

• Employees

  +27%

  37 → 47

• Wages

  +35.9%

  £1,451,000 → £1,972,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers