THE GENERATION FOUNDATION

Registered charity 1113061 · accounts filings on the Charity Commission register

Latest income
£11.5m
Latest spending
£11.1m
Registered
2006
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total income decreased to £11.5m from £18.3m in the prior year, primarily due to the absence of a large one-off investment distribution. Despite this reduction, unrestricted reserves increased to £30.4m, significantly exceeding the trustees' stated policy target of maintaining one year's scaled-down grant-making programme.

What the accounts disclose

Employees paid over £60,000: 4
There were 4 employees during the year with emoluments exceeding £60,000 (2023: 4). — page 21
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.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£11.5m
Total spending
£11.1m
Reserves (reported)
£17.4m
Employees
5

Reported reserves equal ~18.8 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Australia · Netherlands · Scotland · Throughout England · United States

Income and spending

Financial year endIncomeSpending
31/12/2024£11.5m£11.1m
31/12/2023£18.3m£5.9m
31/12/2022£5.6m£11.4m
31/12/2021£16.5m£11.5m
31/12/2020£7.5m£11.7m

Common questions

Is THE GENERATION FOUNDATION financially healthy?

The accounts state that total income decreased to £11.5m from £18.3m in the prior year, primarily due to the absence of a large one-off investment distribution. Despite this reduction, unrestricted reserves increased to £30.4m, significantly exceeding the trustees' stated policy target of maintaining one year's scaled-down grant-making programme. Its FY2024 accounts were audited by Sayer Vincent LLP.

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