THE AMJAD AND SUHA BSEISU FOUNDATION
The Foundation invites applications for funding of projects through various sources. The applications ar reviewed by the trustees who ensure that they are in accordance with the Foundation's objectives which are to relief poverty and sickness, to advancement of education and to help with any other charitable objectives at the discretion of the trustees.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net movement in funds of £1,333,951 for the year ended 31 December 2024, driven by significant investment gains of £1,489,738 which offset a net expenditure on charitable activities. The trustees confirm that unrestricted reserves of £667,576 are held to cover future commitments, and the auditors have concluded there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the Foundation that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure.” — page 5
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- AMJAD ADNAN NUREDDIN BSEISU
- SUHA RIAD TAWFIQ BSEISU
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.6m | £1.8m |
| 31/12/2023 | £1.1m | £797k |
| 31/12/2022 | £3.1m | £599k |
| 31/12/2021 | £434k | £844k |
| 31/12/2020 | £872k | £475k |
Common questions
Is THE AMJAD AND SUHA BSEISU FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net movement in funds of £1,333,951 for the year ended 31 December 2024, driven by significant investment gains of £1,489,738 which offset a net expenditure on charitable activities. The trustees confirm that unrestricted reserves of £667,576 are held to cover future commitments, and the auditors have concluded there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Harris & Trotter LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WISEHEIGHTS LIMITED | 1 | £755k |
| UBS UK Donor-Advised Foundation | 1 | £5k |
Charities like this
- THE JAMEEL EDUCATION FOUNDATION UK
- ISSA FOUNDATION
- THE CH FOUNDATION (UK)
- SF FOUNDATION
- THE B S CHARITABLE FOUNDATION
- AMT FOUNDATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE AMJAD AND SUHA BSEISU FOUNDATION | £1.6m | — | 0 | unclear | — | no doubt |
| THE JAMEEL EDUCATION FOUNDATION UK | £2.0m | — | 0 | unclear | — | no doubt |
| ISSA FOUNDATION | £9.9m | — | 0 | above | — | no doubt |
| THE CH FOUNDATION (UK) | £119.3m | — | 0 | unclear | — | no doubt |
| SF FOUNDATION | £7.7m | — | 0 | above | — | no doubt |
| THE B S CHARITABLE FOUNDATION | £226k | — | 0 | unclear | — | no doubt |