MONEY FOR MADAGASCAR
Our mission is to enable Malagasy people to reduce poverty and protect the environment through sustainable, community-led initiatives. Our projects tackle many of the key issues facing Madagascar today: extreme poverty, poor health and education, food insecurity, the destruction of natural forests and the loss of bio-diversity.
Objects
TO PROMOTE THE EDUCATION OF THE INHABITANTS OF MADAGASCAR AND ELSEWHERE AND THE RELIEF OF POVERTY IN MADAGASCAR AND ELSEWHERE AND FOR THE PURPOSES OF PROMOTING THE EDUCATION OF THE GENERAL PUBLIC IN THE UNITED KINGDOM CONCERNING MADAGASCAR AND IN PARTICULAR ECOLOGY, SOCIOLOGY, POVERTY AND ECONOMY.
Financial health, per its FY2025 accounts
The charity reported a net income of £166,650 for the year, with total income increasing to £1,167,788. Unrestricted reserves stood at £226,007, which the trustees confirmed was fully aligned with their policy target of covering 90 days of UK administrative expenses and 365 days of Madagascar support costs. The accounts were prepared on a going concern basis with no material uncertainties identified by the auditors.
What the accounts disclose
“Our improved website and other appropriate social media platforms will be key, as will our long-standing personal relationship with our donors and friends. We have again seen steady progress during the first half of 2025/26 and we fully expect to see a reduction of our fundraising costs which accounted for 21.6% of our income (2024/25 10.7%).”
“Our Current policy stipulates that we maintain unrestricted liquid assets equal to: • 90 days UK Administrative Expenses (£35,715) • 365 days Madagascar Support Costs (£134,775)” — page 32
“Irenee Rajaona-Horne, a staff member of MfM, who is the daughter-in-law of Stephen Wilkinson, Trustee, received a gross salary in the year of £40,051 (2024: £40,645).” — page 61
Policies the charity declares
- Bullying and harassment policy and procedures
- 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
- Paying staff
- 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
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/09/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/09/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/09/2023
- Volunteers: 20
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 30/09/2023 (received 27/08/2024, 28 days after the 30/07/2024 due date).
Leadership, per the charity’s website
- Lova Rasoalinoro — CEO
Funders the charity credits
- DEFRA 'Darwin Initiative'
- Critical Eco-Systems Partnership Fund (CEPF)
- The French Embassy PISCAA fund
- Coles Medlock Foundation
- The Waterloo Foundation
- Mary's Meals
- ADSUM Foundation
- The Aeonian Foundation
- British & Foreign Schools Society
- Sainsbury Family Charitable Trusts
- WACadbury Charitable Trust
- IQFA Irish Quaker Faith in Action
- Union of Welsh Independents
- UWI
Structured financials (annual return, FY ending 30/09/2025)
Register events
- Received assets from another charity (01/03/2017)
Trustees
- David Pottinger
- EIFION GRIFFITHS
- Jeremy Ralph Langford
- LADY BERNADETTE KING
- Micheline Ravolonarisoa
- SIR TIMOTHY KING QC
- Simon Kirby
- THERESA HAINE
- Vaonarivo Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £1.2m | £1.0m |
| 30/09/2024 | £1.1m | £1.4m |
| 30/09/2023 | £1.3m | £967k |
| 30/09/2022 | £766k | £745k |
| 30/09/2021 | £469k | £450k |
Common questions
Is MONEY FOR MADAGASCAR financially healthy?
Per its FY2025 accounts: The charity reported a net income of £166,650 for the year, with total income increasing to £1,167,788. Unrestricted reserves stood at £226,007, which the trustees confirmed was fully aligned with their policy target of covering 90 days of UK administrative expenses and 365 days of Madagascar support costs. The accounts were prepared on a going concern basis with no material uncertainties identified by the auditors. Its FY2025 accounts were audited by Godfrey Wilson Limited.
Who funds MONEY FOR MADAGASCAR?
Funders whose own accounts filings name MONEY FOR MADAGASCAR as a grant recipient include AEONIAN FOUNDATION, THE BALCOMBE CHARITABLE TRUST, EDUCATIONAL OPPORTUNITY FOUNDATION, WILLIAM ADLINGTON CADBURY CHARITABLE TRUST, THE GLASS-HOUSE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| AEONIAN FOUNDATION | FY2024 | £458k | |
| AEONIAN FOUNDATION | FY2025 | £311k | |
| THE BALCOMBE CHARITABLE TRUST | FY2022 | £38k | Education |
| EDUCATIONAL OPPORTUNITY FOUNDATION | FY2023 | £30k | International projects |
| THE BALCOMBE CHARITABLE TRUST | FY2025 | £28k | Environment |
| WILLIAM ADLINGTON CADBURY CHARITABLE TRUST | FY2024 | £25k | |
| THE BALCOMBE CHARITABLE TRUST | FY2023 | £25k | Environment |
| EDUCATIONAL OPPORTUNITY FOUNDATION | FY2024 | £25k | International projects |
| THE GLASS-HOUSE TRUST | FY2023 | £23k | For the running costs of Akany Hasina and other projects in Madagascar chosen by the charity, and a contribution to an in-country representative of Money for Ma |
| THE GLASS-HOUSE TRUST | FY2022 | £22k | Towards the famine appeal in Madagascar, and for Akany Hasina to cover extra costs and loss of income raising from the Covid-19 pandemic (2 grants). |
| THE BALCOMBE CHARITABLE TRUST | FY2024 | £20k | Health and welfare |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | FY2023 | £20k | |
| THE COLES-MEDLOCK FOUNDATION | FY2025 | £20k | |
| THE BALCOMBE CHARITABLE TRUST | FY2021 | £15k | Environment |
| THE COLES-MEDLOCK FOUNDATION | FY2024 | £15k | |
| THE KAJATAWA FOUNDATION | FY2025 | £13k | |
| THE KAJATAWA FOUNDATION | FY2024 | £10k | |
| THE KAJATAWA FOUNDATION | FY2023 | £8k | |
| EDUCATIONAL OPPORTUNITY FOUNDATION | FY2022 | £5k | International |
| THE VAN NESTE FOUNDATION | FY2024 | £5k | |
| THE VAN NESTE FOUNDATION | FY2025 | £5k | |
| HARMONY WITH NATURE CHARITABLE TRUST | FY2025 | £5k | for a rainforest restoration project |
| HARMONY WITH NATURE CHARITABLE TRUST | FY2024 | £5k | to Money for Madagascar, for a rainforest restoration project |
| HARMONY WITH NATURE CHARITABLE TRUST | FY2023 | £5k | for a rainforest restoration project |
| THE KAJATAWA FOUNDATION | FY2022 | £5k | |
| HARMONY WITH NATURE CHARITABLE TRUST | FY2022 | Unverified read£4k | for a rainforest restoration project |
| THE OAKDALE TRUST | FY2026 | £3k | |
| THE KAJATAWA FOUNDATION | FY2021 | £3k | |
| THE OAKDALE TRUST | FY2024 | £2k | |
| C B AND H H TAYLOR 1984 TRUST | FY2023 | £1k | |
| C B AND H H TAYLOR 1984 TRUST | FY2021 | £1k | |
| C B AND H H TAYLOR 1984 TRUST | FY2022 | £1k | |
| WILMSLOW UNITED REFORMED CHURCH CHARITY | FY2022 | £500 | Donations |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE EVAN CORNISH FOUNDATION | 2 | £13k |
| THE PENCHANT FOUNDATION | 1 | £14k |
| THE HUGH SYMONS CHARITABLE TRUST | 1 | £8k |
| THE PETER STEBBINGS MEMORIAL CHARITY | 1 | £8k |
| BIRMINGHAM VOLUNTARY SERVICE COUNCIL | 1 | £7k |
| THE ARCHER TRUST | 1 | £7k |
| W F SOUTHALL TRUST | 1 | £6k |
| THE SILVER LADY FUND INCORPORATING THE ALL NIGHT TRAVELLING CAFE | 1 | £4k |
Charities like this
- TASC MADAGASCAR
- SEED MADAGASCAR
- THE MA'ARIF FOUNDATION UK
- MOMBASA MISSION
- THE MAKHAD TRUST
- THE MARKAWASI FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MONEY FOR MADAGASCAR | £1.2m | — | 0 | above | 21.6% | no doubt |
| TASC MADAGASCAR | £31k | — | — | above | — | no doubt |
| SEED MADAGASCAR | £1.2m | £60,001 - £70,000 | 1 | unclear | 1.3% | no doubt |
| THE MA'ARIF FOUNDATION UK | £883k | — | 0 | below | — | no doubt |
| MOMBASA MISSION | £83k | — | — | unclear | — | no doubt |
| THE MAKHAD TRUST | £73k | — | 0 | above | — | no doubt |