THE GEN FOUNDATION
PROVIDE GRANTS TO STUDENTS / RESEARCHERS IN BIOLOGICAL, CHEMICAL, BOTANICAL AND FOOD SCIENCES.CANDIDATES IN LANGUAGE, MUSIC AND ART MAY ALSO BE CONSIDERED
Objects
(A) THE ADVANCEMENT OF EDUCATION AND IN PARTICULAR, BUT NOT RESTRICTED TO, THE PROVISION OF GRANTS, SCHOLARSHIPS, BURSARIES OR AWARDS TO JAPANESE AND BRITISH STUDENTS TO ENABLE THEM TO TO STUDY LANGUAGES, THE ARTS AND NATURAL SCIENCES; AND (B) THE FURTHERANCE AND PROMOTION OF ANY OTHER CHARITABLE OBJECTS AND PURPOSES IN ANY PART OF THE WORLD AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds stood at £343,580, which the trustees intend to maintain to cover wind-down and running costs for twelve months. The charity reported a net movement in funds of £90,036, driven by investment gains, and confirmed there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“Investment income is earned through holding assets for investment purposes and includes dividends and interest.” — page 9
“It is the intention of the charity to maintain unrestricted funds at a level to cover the wind down of the charity, plus its general running costs, for twelve months” — page 5
“Mr JS Riches is a consultant member at Withers LLP who provided legal services to the Charity of £nil.” — page 12
Policies the charity declares
- 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
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Akihiro Kudo
- Dr YASUHIRO SHIMIZU
- Soo Ryun Song Farr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £32k | £38k |
| 31/12/2024 | £27k | £33k |
| 31/12/2023 | £11k | £29k |
| 31/12/2022 | £0 | £7k |
| 31/12/2021 | £0 | £7k |
Common questions
Is THE GEN FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds stood at £343,580, which the trustees intend to maintain to cover wind-down and running costs for twelve months. The charity reported a net movement in funds of £90,036, driven by investment gains, and confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.