THE CIBC WORLD MARKETS CHILDREN'S FOUNDATION
The objectives of the Foundation are to promote any charitable purpose for the benefit of children or children's charities worldwide by the provision of financial and other assistance and by promoting volunteerism.
Objects
TO PROMOTE ANY CHARITABLE PURPOSE FOR THE BENEFIT OF CHILDREN OR CHILDREN'S CHARITIES WORLDWIDE BY THE PROVISION OF FINANCIAL AND OTHER ASSISTANCE AND BY PROMOTING VOLUNTEERISM.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a surplus of £19,210 for the year, increasing its unrestricted reserves to £34,290. The trustees consider the financial position appropriate and have confirmed the ability to continue trading for at least 12 months. Governance costs were primarily met by a donation from CIBC, and the charity had no employees or trustee remuneration costs.
What the accounts disclose
“the Trustees believe it prudent to retain a level of reserves which would enable donations to be made in any year where income from trading commission is limited.” — page 10
“In 2025 CIBC made a donation of £10,260 (2024: £7,760) to cover costs, and an additional £78,141 (2024: £72,550) as part of the various fundraising activities in the year. Of this £5,300 (2024: £2,740) was outstanding at the year end.” — page 18
Policies the charity declares
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 10
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 12
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 10
- Grant-making is its main activity
Trustees
- David Fotheringham
- Francois-Xavier Desplanches
- Natalie Harrison
- Samantha Christina Orozco
- Thomas James Broad
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £223k | £204k |
| 31/03/2024 | £197k | £208k |
| 31/03/2023 | £198k | £207k |
| 31/03/2022 | £203k | £181k |
| 31/03/2021 | £198k | £214k |
Common questions
Is THE CIBC WORLD MARKETS CHILDREN'S FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a surplus of £19,210 for the year, increasing its unrestricted reserves to £34,290. The trustees consider the financial position appropriate and have confirmed the ability to continue trading for at least 12 months. Governance costs were primarily met by a donation from CIBC, and the charity had no employees or trustee remuneration costs. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ELIZABETH AND PRINCE ZAIGER TRUST | 2 | £64k |
| THE BARBOUR FOUNDATION | 2 | £30k |
| ST. JAMES'S PLACE CHARITABLE FOUNDATION | 1 | £341k |
| THE BEAVERBROOKS CHARITABLE TRUST | 1 | £185k |
| THE BLAGRAVE TRUST | 1 | £88k |
| THE SANDHU CHARITABLE FOUNDATION | 1 | £88k |
| BAKER FAMILY CHARITABLE TRUST | 1 | £75k |
| THE BLUSTON CHARITABLE SETTLEMENT | 1 | £50k |
Charities like this
- CHILDREN'S WORLD
- THE CHILDRENS FOUNDATION LIMITED
- VARIETY THE CHILDREN'S CHARITY
- THE CHILDREN'S FAMILY TRUST
- CISV INTERNATIONAL PEACE FUND
- Foundation for Children
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CIBC WORLD MARKETS CHILDREN'S FOUNDATION | £223k | — | 0 | above | — | no doubt |
| CHILDREN'S WORLD | £133k | — | — | unclear | — | no doubt |
| THE CHILDRENS FOUNDATION LIMITED | £563k | — | 0 | above | — | no doubt |
| VARIETY THE CHILDREN'S CHARITY | £7.2m | — | — | above | — | no doubt |
| THE CHILDREN'S FAMILY TRUST | £9.7m | — | — | unclear | — | no doubt |
| CISV INTERNATIONAL PEACE FUND | £34k | — | 0 | within | — | no doubt |