CINVEN FOUNDATION
The Charity mainly supports education-related programmes, making donations to a limited number of charities each year. We also match staff donations to various charitable causes.
Financial health, per its FY2024 accounts
The accounts state that the charity reported unrestricted reserves of £37,024 at the end of the financial year, a slight increase from the previous year's £36,315. The trustees confirm that the charity does not need to maintain significant reserves due to small administration costs and ongoing support from its parent company, Cinven Limited. The charity received voluntary income of £1,355,100 and committed charitable expenditure of £1,350,467 during the year.
What the accounts disclose
“During the year voluntary income of £1,355,100 (2023: £1,121,815) was received from Cinven Limited.” — page 18
“The Charity’s administration costs are small. There are no ongoing commitments due to day to day administration support from Cinven Limited and therefore the Trustees believe the Charity does not need to maintain significant reserves.” — page 6
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Alison Marie Raymond
- Benjamin Jacobus Osnabrug
- Caroline Rachel Rawes
- Maxim Devin Crewe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.4m | £1.4m |
| 31/12/2023 | £1.1m | £1.2m |
| 31/12/2022 | £943k | £908k |
| 31/12/2021 | £1.1m | £1.1m |
| 31/12/2020 | £1.4m | £1.5m |
Common questions
Is CINVEN FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported unrestricted reserves of £37,024 at the end of the financial year, a slight increase from the previous year's £36,315. The trustees confirm that the charity does not need to maintain significant reserves due to small administration costs and ongoing support from its parent company, Cinven Limited. The charity received voluntary income of £1,355,100 and committed charitable expenditure of £1,350,467 during the year. Its FY2024 accounts were audited by BDO LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £25k |
| THE COLYER-FERGUSSON CHARITABLE TRUST | 1 | £15k |
| THE SIR BERNARD & LADY SCHREIER FOUNDATION | 1 | £6k |
| THE DULVERTON TRUST | 1 | £5k |
| WHITEHEAD MONCKTON CHARITABLE FOUNDATION | 1 | £3k |
Charities like this
- THE SUPPORT FOUNDATION
- THE INVESCO CARES FOUNDATION
- THE CYNARA FOUNDATION
- THE OCTOPUS FOUNDATION
- CHESTERTONS INTERNATIONAL FOUNDATION
- THE PURI FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CINVEN FOUNDATION | £1.4m | — | 0 | unclear | — | no doubt |
| THE SUPPORT FOUNDATION | £190k | — | 0 | below | — | no doubt |
| THE INVESCO CARES FOUNDATION | £142k | — | 0 | unclear | — | no doubt |
| THE CYNARA FOUNDATION | £153k | — | 0 | above | — | no doubt |
| THE OCTOPUS FOUNDATION | £329k | — | 0 | unclear | — | no doubt |
| CHESTERTONS INTERNATIONAL FOUNDATION | £110k | — | 0 | unclear | — | no doubt |