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.
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
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 |
|---|---|---|
| This Day Foundation | 1 | £1.9m |
| THE SENECA TRUST | 1 | £399k |
| PRISM THE GIFT FUND | 1 | £65k |
| RACHEL CHARITABLE TRUST | 1 | £50k |
| GRAFF FOUNDATION | 1 | £10k |
| THE BEAVERBROOKS CHARITABLE TRUST | 1 | £5k |
| THE IAN & NATALIE LIVINGSTONE CHARITABLE TRUST | 1 | £5k |
Charities like this
- FIVE CHILDREN AND FAMILIES TRUST LTD
- IRWIN MITCHELL CHARITIES FOUNDATION
- LIFE FOR A KID FOUNDATION
- SURE AND FIRM FOUNDATIONS
- THE CH FOUNDATION (UK)
- THE JACOB FOUNDATION
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 |
| FIVE CHILDREN AND FAMILIES TRUST LTD | £2.3m | — | 0 | below | — | no doubt |
| IRWIN MITCHELL CHARITIES FOUNDATION | £722k | — | 0 | above | — | no doubt |
| LIFE FOR A KID FOUNDATION | £177k | — | 0 | unclear | — | no doubt |
| SURE AND FIRM FOUNDATIONS | £869k | — | 0 | above | — | no doubt |
| THE CH FOUNDATION (UK) | £119.3m | — | 0 | unclear | — | no doubt |