A charity set up to honour Captain Sir Tom Moore has registered a plunge of more than £100,000 in assets, new documents show.
The 1189808 Foundation, which was renamed after the record-breaking fundraiser’s family apparently asked for his name to be stripped from the title, had just £131,110 last year — compared to £262,683 in 2023.
The micro accounts filed by the director, Stephen Jones, show that the charity, which once had an income of £1.10 million, has no staff and current assets of £147,796 — the amount before liabilities are removed.
In November, the Charity Commission found that the Ingram-Moores had made ‘repeated failures’ at the helm of the foundation.
The family had gained ‘significant personal benefit’ from the charity, according to the watchdog.
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Captain Tom’s daughter, Hannah Ingram-Moore, and husband Colin had been disqualified from serving as charity trustees at an earlier point in the investigation.
The couple responded by branding the inquiry ‘unjust and excessive’ and insisting they ‘never took a penny’ from public donations.
In January, the former Captain Tom Foundation’s remaining trustee said he was ‘imploring the Ingram-Moores to rectify matters by returning the funds due’ so they could be donated ‘to well-deserving charities as intended by the late Captain Sir Tom Moore’.
A foundation spokesperson said: ‘Notwithstanding the Charity Commission’s findings against the Ingram-Moores, as well as their failure to rectify matters by returning the funds properly due to it, The Captain Tom Foundation considers it inappropriate to stand in the way of the family’s wish regarding the use of the late Sir Captain Tom’s name.
‘The Foundation has therefore acceded to the family’s demand that it removes Captain Tom’s name from its title.’
Mrs Ingram-Moore has also been prohibited from holding a senior management role in any charity in England and Wales for 10 years, and Mr Ingram-Moore for eight years.
He resigned as director of the foundation in June 2023, while Mrs Ingram-Moore quit in 2021.
The foundation was set up to continue the goodwill which began with the World War Two veteran walking 100 laps of his garden for his 100th birthday in 2020.
The millions donated to the health service before the foundation was formed were not part of the commission’s inquiry.
The national figurehead died in February 2021, after which his family continued the high-profile fundraising campaign in his memory.
A lawyer for the Ingram-Moores indicated back in 2023 that the foundation might shut down and the charity stopped taking donations that summer.
The couple have insisted there has never been any impropriety in the way they have continued Captain Tom’s goodwill.
Responding to an earlier query from Metro, a Charity Commission spokesperson said: ‘We continue to engage with the remaining trustee of The Captain Tom Foundation as the charity’s future is determined.’
Metro has attempted to contact the charity and Captain Tom’s family for comment.
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