GHANA INTERNATIONAL FOUNDATION
The Foundation is sponsored by the London based Ghana International Bank plc with the objects of providing relief to persons in Africa in general but especially in Ghana, from conditions of need, hardship or distress and the furtherence of education. The Trustees are all based in London.
Objects
THE TRUSTEES SHALL HOLD THE TRUST FUND UPON TRUST TO APPLY THE INCOME AND ALL OR SUCH PART OR PARTS OF THE CAPITAL THEREOF FOR OR TOWARDS RELIEVING PERSONS RESIDENT IN THE CONTINENT OF AFRICA WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS AS A RESULT OF LOCAL, NATIONAL OR INTERNATIONAL DISASTER OR BY REASON OF THEIR SOCIAL AND ECONOMIC CIRCUMSTANCES AND IN FURTHERING THE EDUCATION OF PERSONS RESIDENT IN THE CONTINENT OF AFRICA IN SUCH MANNER AS THE TRUSTEES MAY AT ANY TIME AND FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION THINK FIT PROVIDED THAT DURING THE ACCUMULATION PERIOD THE TRUSTEES MAY IN THEIR DISCRETION ACCUMULATE THE WHOLE OR ANY PART OF THE INCOME OF THE TRUST FUND BY INVESTING THE SAME AND THE RESULTING INCOME THEREOF IN OR UPON ANY INVESTMENTS HEREBY AUTHORISED AND SHALL HOLD SUCH ACCUMULATIONS AS AN ACCRETION TO THE CAPITAL OF THE TRUST FUND AND AS ONE FUND THEREWITH FOR ALL PURPOSES.
Financial health, per its FY2025 accounts
The accounts state that the charity reported an excess of income over expenditure of £31,064 for the year, resulting in total unrestricted funds of £62,229 at year-end. The Trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity relies principally on donations from its sponsor, Ghana International Bank ple, to fund its activities.
What the accounts disclose
“Donation from Ghana International Bank ple 58,918” — page 12
“The Trustees currently maintain a de minimis reserve level of £2,000 per annum, below which no commitment is made by the Foundation for any award of grants.”
“Donation from the Bank of £58,918 (2024 £50,000). Independent examiner's fees of £1,920 (2024: £1,920) and accountancy fees of £1,560 (2024: £1,560) were paid on behalf of the Foundation by GHIB fiom its own funds in 2025 and shown in the financial statements as donated services.” — page 16
“Independent examiner's fees of £1,920 (2024: £1,920) and accountancy fees of £1,560 (2024: £1,560) were paid on behalf of the Foundation by GHIB fiom its own funds in 2025 and shown in the financial statements as donated services.”
“Donation from the Bank of £58,918 (2024 £50,000). Independent examiner's fees of £1,920 (2024: £1,920) and accountancy fees of £1,560 (2024: £1,560) were paid on behalf of the Foundation by GHIB fiom its own funds in 2025 and shown in the financial statements as donated services.” — page 16
“Independent examiner's fees of £1,920 (2024: £1,920) and accountancy fees of £1,560 (2024: £1,560) were paid on behalf of the Foundation by GHIB fiom its own funds in 2025 and shown in the financial statements as donated services.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- 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
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- LORD PAUL YAW BOATENGchair
- Calum Thomson
- DEAN ADANSI
- Dr Zakari Mumuni
- Hueggert Annan
- Kwesi Afrey Biney
- Raymond Jacob Bakary Sambou
- Sundeep Bhandari
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £64k | £33k |
| 31/12/2024 | £55k | £70k |
| 31/12/2023 | £57k | £151k |
| 31/12/2022 | £52k | £95k |
| 31/12/2021 | £50k | £1k |
Common questions
Is GHANA INTERNATIONAL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an excess of income over expenditure of £31,064 for the year, resulting in total unrestricted funds of £62,229 at year-end. The Trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity relies principally on donations from its sponsor, Ghana International Bank ple, to fund its activities. Its FY2025 accounts were independently examined.