THE FAIRTRADE FOUNDATION
The Fairtrade Foundation seeks to 1. Providing an independent certification of the trade supply chain, with the FAIRTRADE Mark as the consumer guarantee.2. Facilitating the market so that producers can sell to traders and retailers in order that the market for Fairtrade grows.3.Awareness-raising among consumers of the need for Fairtrade and the importance of the FAIRTRADE Mark.
Financial health, per its FY2024 accounts
The accounts state that the Fairtrade Foundation reported a total deficit of £1.0 million for the year ended 31 December 2024, resulting in a decrease in total funds to £5.3 million. Despite the deficit, the Trustees consider the level of unrestricted reserves to be prudent and above the minimum policy target, maintaining a going concern basis with no material uncertainties identified.
What the accounts disclose
“The Foundation’s highest salary was 4.3 times the lowest salary during 2024, in line with our policy to ensure the highest salary is no more than five times the lowest salary.” — page 54
“Licence fees continue to represent the majority of our total income (2024: 78 percent; 2023: 73 percent).” — page 25
“Of the total expenditure, charitable expenditure represented 99 percent and the cost of raising funds was one percent (2023: 99 percent, one percent).” — page 26
“Under the policy, the target reserves level is based on a risk-based calculation of £3.6 million (2023: £3.3 million), based on the financial implications and likelihood of significant risks.”
“The Foundation purchased an annual licence for a bespoke workplace happiness survey for £7,000 (2023: £6,000) from Engaging Works of which our former Chair, Lord Mark Price, is a Founder and a Shareholder.” — page 65
“There was one serious incident report made to the Charity Commission about a possible reputational matter related to another member of the Fairtrade system. The issue continues to be monitored.”
In the news
- Climate commitment wins the young vote, Fairtrade Foundation survey suggests
- Fairtrade Foundation raises fears over UK government temporary tariff cut plans
- Fairtrade Foundation CEO Eleanor Harrison on hope, fairness and co-ops - Co-operative News
- Fairtrade Foundation calls on UK tea-drinkers to ‘brew it fair’ for estate workers
- Fairtrade Foundation launches new tea campaign
- Fairtrade Foundation Inspires Everyday Activism with Bold Brand Platform ‘Do It Fair’
- Business Charity Awards: Long-term partnership – Co-op and Fairtrade Foundation
- Fairtrade Foundation CEO takes top job at In Kind Direct
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Risper Atieno Nyong'ochair
- Anita Chandraker
- DAVID PATERSON
- Dr Stephanie Barrientos
- George Kporye
- Keri John Elborn
- Kerry Jane Smith
- Larissa Kennedy
- Sarah King
- Sean O'Neill
- Simon Wright
- Titus Pinto
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £13.3m | £14.4m |
| 31/12/2023 | £13.4m | £13.9m |
| 31/12/2022 | £12.8m | £12.5m |
| 31/12/2021 | £11.5m | £11.6m |
| 31/12/2020 | £11.9m | £11.7m |
Common questions
Is THE FAIRTRADE FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the Fairtrade Foundation reported a total deficit of £1.0 million for the year ended 31 December 2024, resulting in a decrease in total funds to £5.3 million. Despite the deficit, the Trustees consider the level of unrestricted reserves to be prudent and above the minimum policy target, maintaining a going concern basis with no material uncertainties identified. Its FY2024 accounts were audited by Crowe U.K. LLP.
What does the highest-paid employee of THE FAIRTRADE FOUNDATION earn?
Per its FY2024 accounts, the highest-paid employee was in the unclear band.
Who funds THE FAIRTRADE FOUNDATION?
Funders whose own accounts filings name THE FAIRTRADE FOUNDATION as a grant recipient include TEXTILE REUSE AND INTERNATIONAL DEVELOPMENT, ISEAL ALLIANCE, THE S M B TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES' EXETER.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| TEXTILE REUSE AND INTERNATIONAL DEVELOPMENT | FY2021 | £22k | Payment in respect of prior year funding requests |
| ISEAL ALLIANCE | FY2022 | £17k | Delta Pilot |
| THE S M B TRUST | FY2024 | £2k | |
| THE S M B TRUST | FY2025 | £2k | |
| THE S M B TRUST | FY2023 | £2k | |
| THE S M B TRUST | FY2022 | £2k | |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES' EXETER | FY2024 | £720 | UK based |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES' EXETER | FY2022 | £700 | UK based |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES' EXETER | FY2023 | £670 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 13/10/2014 | £390k | Growing women in coffee |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HEALTH FOUNDATION | 1 | £1.7m |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £1.2m |
| PERSULA FOUNDATION | 1 | £510k |
| CLEAN AIR FUND | 1 | £248k |
| TRUST FOR LONDON | 1 | £236k |
| JOHN ELLERMAN FOUNDATION | 1 | £150k |
| SYNCHRONICITY EARTH | 1 | £108k |
| THE NEIGHBOURLY FOUNDATION | 1 | £100k |
Charities like this
- THE TRAIDCRAFT FOUNDATION
- FORT FOUNDATION
- THE FAIRNESS FOUNDATION
- FAIR WAYS FOUNDATION
- THE PRET FOUNDATION
- FAIRSHARE EDUCATIONAL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE FAIRTRADE FOUNDATION | £13.3m | unclear | — | above | 1.0% | no doubt |
| THE TRAIDCRAFT FOUNDATION | £3.5m | — | — | unclear | — | no doubt |
| FORT FOUNDATION | £254k | — | 0 | unclear | — | no doubt |
| THE FAIRNESS FOUNDATION | £242k | — | — | unclear | — | no doubt |
| FAIR WAYS FOUNDATION | £581k | — | 0 | below | — | not going concern |
| THE PRET FOUNDATION | £1.3m | £70,000 to £80,000 | 1 | above | — | no doubt |