NEW GENERATION EUROPE FOUNDATION
The advancement of the education of children and young people in Russia and other countries of Eastern Europe;The advancement of the education of the public in the history, arts, music and language of Russia and other countries of Eastern Europe; andTo promote such other purposes for the benefit of the public throughout the world as deemed by English Law to be charitable.
Financial health, per its FY2024 accounts
The accounts state that the charity holds significant expendable endowment funds totaling £22,515,129, with unrestricted reserves of only £69,193. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future, and the independent auditor confirmed there are no material uncertainties regarding going concern.
What the accounts disclose
“No employee received employee benefits of more than £60,000 during the year (2023: Nil).” — page 23
“The adequacy of the reserves is reviewed annually.” — page 6
Corporate structure
- Registered company of the charity Companies House 04529663
- Average employees: 1
Company officers (Companies House)
- KHODORKOVSKAYA, Anastasia on trustee list
- NEVZLIN, Irina on trustee list
- LOGAN, Maria Petina on trustee list
- LOUGH, John Bruce on trustee list
Trustees
- Anastasia Khodorkovskaya
- Irina Nevzlin
- John Lough
- Maria Logan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £115k | £4.2m |
| 31/12/2023 | £96k | £5.4m |
| 31/12/2022 | £0 | £2.4m |
| 31/12/2021 | £0 | £500k |
| 31/12/2020 | £0 | £576k |
Common questions
Is NEW GENERATION EUROPE FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds significant expendable endowment funds totaling £22,515,129, with unrestricted reserves of only £69,193. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future, and the independent auditor confirmed there are no material uncertainties regarding going concern. Its FY2024 accounts were audited by Leaman Mattei.
What does the highest-paid employee of NEW GENERATION EUROPE FOUNDATION earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds NEW GENERATION EUROPE FOUNDATION?
Funders whose own accounts filings name NEW GENERATION EUROPE FOUNDATION as a grant recipient include KHODORKOVSKY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| KHODORKOVSKY FOUNDATION | FY2025 | £10.0m | Support for Human Rights/Civil Society |
| KHODORKOVSKY FOUNDATION | FY2024 | £10.0m | Support for Human Rights/Civil Society |
| KHODORKOVSKY FOUNDATION | FY2023 | £2.9m | Advancement of Education |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KUSUMA TRUST UK | 2 | £659k |
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £2.2m |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £674k |
| THE GENERATIONAL FOUNDATION | 1 | £500k |
| PRISM THE GIFT FUND | 1 | £122k |
| CRIPPLEGATE FOUNDATION | 1 | £71k |
| THE CHILDHOOD TRUST | 1 | £53k |
| BUPA FOUNDATION | 1 | £50k |
Charities like this
- NEW EURASIA STRATEGIES CENTRE
- THE GENERATIONS FOUNDATION
- GLOBAL GENERATION
- KHODORKOVSKY FOUNDATION
- LIFE GENERATION LIMITED
- Near East Foundation UK
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW GENERATION EUROPE FOUNDATION | £115k | Under £60,000 | 0 | unclear | — | no doubt |
| NEW EURASIA STRATEGIES CENTRE | £234k | £150,001 - £160,000 | 1 | below | — | no doubt |
| THE GENERATIONS FOUNDATION | £138k | — | 0 | unclear | — | no doubt |
| GLOBAL GENERATION | £1.9m | — | 0 | unclear | — | no doubt |
| KHODORKOVSKY FOUNDATION | £9.7m | — | 0 | below | — | no doubt |
| LIFE GENERATION LIMITED | £2.4m | — | 0 | unclear | — | no doubt |