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THE APAX FOUNDATION

Registered charity 1112845 · accounts filings on the Charity Commission register · also known as APAX FOUNDATION

The Apax Foundation has continued to focus the majority of its giving on organisations which work in the areas of social enterprise, relief of financial hardship and the advancement of education.

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

Latest income
£1.9m
Latest spending
£3.6m
Registered
2006
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £73,207,863, though the Trustees note that £18,656,822 of this is represented by illiquid unrealised gains on carried interest holdings. The charity's future funding is described as highly dependent on the business success of Apax Partners LLP, with continued revenue from this source not guaranteed.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Profit share from Apax Partners LLP (73% of income)
“Profit share from Apex Partners LLP 970,497”
Per its FY2025 accounts as filed with the Charity Commission.
Fundraising cost ratio: 0.0% of fundraised income, as disclosed
“The Charity does not engage any professional or third-party fundraisers.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payroll owed to related party
“At year end, the Foundation owed an amount of £67,035 (2024 - £NIL) to Apax Partners UK Limited, a subsidiary of the Apax Partners LLP group. This relates to payroll costs in respect of the Foundation’s sole employee.” — page 42
“During the year, the Foundation donated a total of £66,735 (2024 - £nil) to Stronger Than You Think, a registered charity in which a close family member of a Trustee serves as Founder.” — page 42
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant to trustee-connected charity
“At year end, the Foundation owed an amount of £67,035 (2024 - £NIL) to Apax Partners UK Limited, a subsidiary of the Apax Partners LLP group. This relates to payroll costs in respect of the Foundation’s sole employee.” — page 42
“During the year, the Foundation donated a total of £66,735 (2024 - £nil) to Stronger Than You Think, a registered charity in which a close family member of a Trustee serves as Founder.” — page 42
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Office space provided by related party
“At year end, the Foundation owed an amount of £67,035 (2024 - £NIL) to Apax Partners UK Limited, a subsidiary of the Apax Partners LLP group. This relates to payroll costs in respect of the Foundation’s sole employee.” — page 42
“During the year, the Foundation donated a total of £66,735 (2024 - £nil) to Stronger Than You Think, a registered charity in which a close family member of a Trustee serves as Founder.” — page 42
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Apax E Member Limited
“The Charity’s subsidiary undertaking, Apax E Member Limited, was incorporated on 3 November 2005. The company’s primary activity is to receive a profit share from Apax Partners LLP and to make donations to the Apax Foundation.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP. Discloses 3 of 6 completeness components.

Corporate structure

APAX E MEMBER LIMITED — per its own Companies House accounts
  • Turnover: £970k
  • Profit before tax: £961k
  • Donated/gift-aided to the charity: £1.3m
  • The company received profit share from Apax Partners LLP.
“Qualifying charitable donation - (1,256,140)”

Public fundraising profile: JustGiving — The Apax Foundation (matched by registered charity number).

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.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.9m
Total spending
£3.6m
Cost of raising funds
£26k
Reserves (reported)
£73.2m
Employees
1

Per its annual return, largest income source: Donations and legacies (74% 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: 1.4% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: China · Denmark · Germany · Guernsey · India · Ireland · Israel · Italy · Spain · Throughout England And Wales · United States

Income and spending

Financial year endIncomeSpending
31/03/2025£1.9m£3.6m
31/03/2024£2.1m£4.0m
31/03/2023£2.9m£3.0m
31/12/2021£1.9m£3.4m
31/12/2020£4.1m£6.0m

Common questions

Is THE APAX FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £73,207,863, though the Trustees note that £18,656,822 of this is represented by illiquid unrealised gains on carried interest holdings. The charity's future funding is described as highly dependent on the business success of Apax Partners LLP, with continued revenue from this source not guaranteed. Its FY2025 accounts were audited by Saffery 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 REISNER CHARITABLE FOUNDATION LTD1£5k
BATTERSEA CRIME PREVENTION PANEL1£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ASHMORE FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE APAX FOUNDATION£1.9m—0unclear0.0%no doubt
THE ASHMORE FOUNDATION FY2025£941k—1unclear—no doubt
AXIS FOUNDATION FY2024£490k—0unclear—no doubt
THE ZAHA HADID FOUNDATION FY2025£9.2m——unclear—no doubt
THE ARISAIG PARTNERS FOUNDATION FY2024£510k—0unclear—no doubt
THE HELPING FOUNDATION FY2024£34.8m—0above—no doubt

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