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.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net income of £166,650 for the year ended 30 September 2025, with total income increasing to £1,167,788. The trustees report that unrestricted reserves of £226,007 are fully aligned with their stated policy target, and they confirm there are no uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“fundraising costs which accounted for 21.6% of our income (2024/25 10.7%).” — 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). In the prior year Money for Madagascar used office space in the home of Irenee Rajaona-Horne and as such makes a contribution to services of this space. During the year the contribution to office services cost was £nil (2024: £2,657). There were no amounts outstanding at the year end.” — page 61
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 accounts state that the charity achieved a net income of £166,650 for the year ended 30 September 2025, with total income increasing to £1,167,788. The trustees report that unrestricted reserves of £226,007 are fully aligned with their stated policy target, and they confirm there are no uncertainties regarding the charity's ability to continue as a going concern. 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 | |
| THE BALCOMBE CHARITABLE TRUST | FY2022 | £38k | Education |
| EDUCATIONAL OPPORTUNITY FOUNDATION | FY2023 | £30k | International projects |
| THE BALCOMBE CHARITABLE TRUST | FY2025 | £28k | Environment |
| THE BALCOMBE CHARITABLE TRUST | FY2023 | £25k | Environment |
| WILLIAM ADLINGTON CADBURY CHARITABLE TRUST | FY2024 | £25k | |
| 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 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 |
| HARMONY WITH NATURE CHARITABLE TRUST | FY2024 | £5k | to Money for Madagascar, for a rainforest restoration project |
| THE KAJATAWA FOUNDATION | FY2022 | £5k | |
| HARMONY WITH NATURE CHARITABLE TRUST | FY2025 | £5k | for a rainforest restoration project |
| THE VAN NESTE FOUNDATION | FY2024 | £5k | |
| THE VAN NESTE FOUNDATION | FY2025 | £5k | |
| HARMONY WITH NATURE CHARITABLE TRUST | FY2023 | £5k | for a rainforest restoration project |
| THE OAKDALE TRUST | FY2024 | £2k | |
| C B AND H H TAYLOR 1984 TRUST | FY2023 | £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 | £15k |
| ISSA FOUNDATION | 1 | £4.2m |
| EFFECTIVE VENTURES FOUNDATION | 1 | £1.4m |
| Wild Life Foundation | 1 | £790k |
| JAMES PERCY FOUNDATION | 1 | £566k |
| THE CYNARA FOUNDATION | 1 | £565k |
| MEETINGS INDUSTRY MEETING NEEDS | 1 | £76k |
| THE BEATRICE GILMORE CHARITABLE TRUST | 1 | £64k |
Charities like this
- SEED MADAGASCAR
- AFRICA MISSIONS ENGLD
- MYMALAWI
- MALARIA CONSORTIUM
- RIPPLE AFRICA
- MALAWI RELIEF FUND UK
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 |
| SEED MADAGASCAR | £1.2m | £60,001 - £70,000 | 1 | unclear | 1.3% | no doubt |
| AFRICA MISSIONS ENGLD | £123k | — | 0 | unclear | — | no doubt |
| MYMALAWI | £212k | — | 0 | below | — | no doubt |
| MALARIA CONSORTIUM | £72.2m | — | — | above | — | no doubt |
| RIPPLE AFRICA | £2.8m | — | 0 | below | — | no doubt |