Charity Accounts Intelreading the accounts so you don’t have to

CO-OPERATIVE COMMUNITY INVESTMENT FOUNDATION

Registered charity 1093028 · accounts filings on the Charity Commission register · also known as CO-OP FOUNDATION, COMMUNITY DIVIDEND, THE CO-OPERATIVE FOUNDATION · also registered in Scotland as SC048102 (OSCR)

To support, through donations from co-operative organisations, members, customers and employees, projects that contribute to relief of poverty, advancement of education or other such charitable purposes and which will benefit communities in which the businesses of Co-operative Group Ltd operate.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£2.8m
Latest spending
£3.7m
Registered
2002
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total income decreased to £2,774,617 from £5,681,201 in the prior year, primarily due to the recognition of multi-year income in 2023. Despite a net income before investment gains of (£888,336), the charity reported significant investment gains of £1,868,248, resulting in a net movement in funds of £979,912 and total net assets of £23,404,430.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: six months’ support costs of circa £510,000 (held: £649k)
“A central reserves target equivalent to six months’ support costs of circa £510,000” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Co-op Foundation paid Co-operative Group Limited £981,297 (2023: £929,055) for Foundation staff salaries and other costs directly attributable to Foundation activities.
“The Co-op Foundation paid Co-operative Group Limited £981,297 (2023: £929,055) for Foundation staff salaries and other costs directly attributable to Foundation activities.” — page 41
“Co-operative Group Limited donated £8,077 in fees which were waived by its Group Chair, Allan Leighton (2023: £250,000).” — page 41
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Co-operative Group Limited donated £8,077 in fees which were waived by its Group Chair, Allan Leighton (2023: £250,000).
“The Co-op Foundation paid Co-operative Group Limited £981,297 (2023: £929,055) for Foundation staff salaries and other costs directly attributable to Foundation activities.” — page 41
“Co-operative Group Limited donated £8,077 in fees which were waived by its Group Chair, Allan Leighton (2023: £250,000).” — page 41
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: At the year-end £241,985 (2023: £35,258) was due to the Co-operative Group Limited.
“The Co-op Foundation paid Co-operative Group Limited £981,297 (2023: £929,055) for Foundation staff salaries and other costs directly attributable to Foundation activities.” — page 41
“Co-operative Group Limited donated £8,077 in fees which were waived by its Group Chair, Allan Leighton (2023: £250,000).” — page 41
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP. Discloses 4 of 6 completeness components.

Corporate structure

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Public profiles (found on the charity’s own website): instagram

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

Total income
£2.8m
Total spending
£3.7m
Reserves (reported)
£649k
Employees
17

Reported reserves equal ~2.1 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (88% 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: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£2.8m£3.7m
31/12/2023£5.7m£8.8m
31/12/2022£3.8m£5.3m
31/12/2021£4.5m£3.1m
31/12/2020£3.4m£3.9m

Common questions

Is CO-OPERATIVE COMMUNITY INVESTMENT FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that total income decreased to £2,774,617 from £5,681,201 in the prior year, primarily due to the recognition of multi-year income in 2023. Despite a net income before investment gains of (£888,336), the charity reported significant investment gains of £1,868,248, resulting in a net movement in funds of £979,912 and total net assets of £23,404,430. Its FY2024 accounts were audited by Sayer Vincent LLP.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
UK government01/04/2020£20kLoneliness Comms Grant to Co-Op Foundation
UK government17/06/2019£800kCommunity Spaces Fund
UK government01/01/2019£25kYouth loneliness campaign
UK government13/07/2018£145kBuilding Connections Fund - Youth Strand
UK government01/04/2018£348kBuilding Connections Fund - Youth Strand
UK government01/04/2018£348kBuilding Connections Fund - Youth Strand
The National Lottery Community Fund29/03/2017£1.1miwill Fund

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE PARGITER TRUST1£400k
THE FRANK JACKSON FOUNDATION1£100k
ST EDMUNDS TRUST1£38k
THE WILFRED AND ELSIE ELKES CHARITY FUND1£24k
THE FRANCIS WINHAM FOUNDATION1£20k
THE WITHEREN FOUNDATION1£20k
PAUL AND LOUISE COOKE ENDOWMENT1£10k
THE LESLIE MARY CARTER CHARITABLE TRUST1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with Community Foundation for Staffordshire and Shropshire.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
CO-OPERATIVE COMMUNITY INVESTMENT FOUNDATION£2.8m——unclear—no doubt
Community Foundation for Staffordshire and Shropshire FY2025£4.6m——unclear—no doubt
THE INVESTINDUSTRIAL FOUNDATION FY2025£1.3m—0above—no doubt
COMMUNITY AGAINST POVERTY FOUNDATION FY2025£352k—0unclear—no doubt
THE CREDIT UNION FOUNDATION FY2025£225k—0unclear—no doubt
SUFFOLK COMMUNITY FOUNDATION FY2025£6.8m£90,000 - £99,9991within—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.