OMID FOUNDATION

Registered charity 1115318 · accounts filings on the Charity Commission register · also known as FRIENDS OF OMID

Established to help disadvantaged young women, to access education, achieve self-determination and economic self-sufficiency, reintegrate into society. Key functions:- Raising funds- Creating, structuring & monitoring programs required for the benefit of beneficiaries- Working with local partners to implement programs- Providing funds and oversight to ensure effective implementation

Objects

THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST FOR THE PROMOTION OF EDUCATION AND THE RELIEF OF POVERTY DISTRESS OR SUFFERING IRAN BY PROVIDING ASSISTANCE SUPPORT EDUCATION AND TRAINING TO AN CONDUCTING ACADEMIC RESEARCH ON DISADVANTAGED YOUNG WOMEN THROUGHOUT THE WORLD;THE TRUSTEES SHALL NOT APPLY ANY PART OF THE TRUST FUND DIRECTLY IN RELIEF OF PUBLIC FUNDS, BUT MAY APPLY THE WHOLE OR ANY PART OF THE TRUST FUND IN SUPPLEMENTING PUBLIC FUNDS.THE TRUSTEES MAY, IN THEIR DISCRETION, FOR THE PERIOD OF 21 YEARS FROM THE DATE OF THIS DEED, INSTEAD OF APPLYING THE INCOME OF THE CHARITY IN ANY YEAR, ACCUMULATE ALL OR ANY PART OF SUCH INCOME BY INVESTING THE SAME, AND THE RESULTING INCOME, IN ANY AUTHORISED INVESTMENTS AND SHALL HOLD THE SAME AS AN ACCRETION TO AND AS PART OF THE CAPITAL OF THE CHARITY, WITHOUT PREJUDICE TO THEIR RIGHT TO APPLY THE WHOLE OR ANY PART OF SUCH ACCUMULATED INCOME IN ANY SUBSEQUENT YEAR AS IF THE SAME WERE INCOME OF THE CHARITY ARISING IN THE THEN CURRENT YEAR.

Area of benefit: NOT DEFINED. IN PRACTICE OVERSEAS.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Prevention Or Relief Of Poverty · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £49,656 for the year, resulting in a decrease in unrestricted funds from £585,207 to £535,551. Despite this deficit, the trustees confirm the charity has adequate resources to continue as a going concern for the foreseeable future. The charity holds unrestricted funds of £535,551, which are available for its charitable objectives.

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

What the accounts disclose

Accounts audited by AKS Advisers Limited. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Bullying and harassment policy and procedures
• Complaints handling
• Complaints policy and procedures
• Conflicting interests
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investing charity funds policy and procedures
• Investment
• Paying staff
• Risk management
• Safeguarding policy and procedures
• Safeguarding vulnerable beneficiaries
• Serious incident reporting policy and procedures
• Social media policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures
• Volunteer management

Public profiles (found on the charity’s own website): facebook · instagram · linkedin

Trustees · trustee networks

• MARJANEH HALATIchair
• ALI BAGHERZADEH
• ALIREZA ITTIHADIEH
• Goli Bagherzadeh

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

Operates in: Throughout England And Wales

Income and spending

Common questions