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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)

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.

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.

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).

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).

Register events

Trustees

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?

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.

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 FRANK JACKSON FOUNDATION1£85k
THE PARGITER TRUST1£80k
ST EDMUNDS TRUST1£21k
THE FRANCIS WINHAM FOUNDATION1£10k
PAUL AND LOUISE COOKE ENDOWMENT1£5k
THE LESLIE MARY CARTER CHARITABLE TRUST1£5k
THE AIM FOUNDATION1£3k

Charities like this

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