KHALILI FOUNDATION

Registered charity 1044028 · accounts filings on the Charity Commission register · also known as MAIMONIDES INTERFAITH FOUNDATION, THE MAIMONIDES FOUNDATION

In line with its Trust Deed, and subsequent Deed of Variations, the aim of the Foundation are to: foster interfaith and intercultural understanding worldwide through art, culture and education.

Causes: Education/training · Religious Activities · Arts/culture/heritage/science · Human Rights/religious Or Racial Harmony/equality Or Diversity · Other Charitable Purposes · website · Get email alerts

Latest income
£478k
Latest spending
£508k
Registered
1995
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £29,961 for the year ended 31 December 2025, primarily due to high support costs. Unrestricted reserves decreased to £24,710, with the trustees aiming to maintain sufficient free reserves to continue current work levels. The charity's gross income exceeded £250,000, triggering an independent examination rather than a full audit.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £25k; policy: sufficient free reserves to enable the charity to continue its work at the current level and, if possible, to increase it)
“The Trustees aim to maintain sufficient free reserves to enable the charity to continue its work at the current level and, if possible, to increase it.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee donation
“During the year one of the trustee donated £440,000 (2024: £630,000) to the charity.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£669k
Total spending
£624k
Cost of raising funds
£39k
Reserves (reported)
£55k
Employees
0

Reported reserves equal ~1.1 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 5.8% of total income — above the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£478k£508k
31/12/2024£669k£624k
31/12/2023£327k£319k
31/12/2022£0£0
31/12/2021£20k£19k

Common questions

Is KHALILI FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a deficit of £29,961 for the year ended 31 December 2025, primarily due to high support costs. Unrestricted reserves decreased to £24,710, with the trustees aiming to maintain sufficient free reserves to continue current work levels. The charity's gross income exceeded £250,000, triggering an independent examination rather than a full audit. Its FY2025 accounts were independently examined.