THE END FUND
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of $367,865 for the year ended 31 December 2024, resulting in total net assets of $4,044,642. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern, supported by a commitment from The END Fund Inc. until at least December 2025. Unrestricted reserves held at year-end were $644,642, which the trustees noted was in excess of their stated policy target of three months of unrestricted expenditure.
What the accounts disclose
“The Trustees instituted a policy to strive to maintain a reserve balance such that three months of unrestricted expenditure remains on hand at any given point in time to cover core non-grant operating costs.” — page 21
“During the period under review, $717,288 (2023: $2,348,931) of grants, salaries, travel, and professional fees incurred by the Charity was paid for by The END Fund Inc. and refunded by the Charity. The balance due at year-end was $1,487,335 (2023: $712,353) and is included within creditors.”
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Tsitsi Masiyiwachair
- ALAN MCCORMICK
- Dr Kesetebirhan Admasu Birhane
- Faustina Akosua Akyaa Fynn-Nyame
- ROBYN CALDER
- Temitope Lawani
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.5m | £3.8m |
| 31/12/2023 | £3.9m | £1.8m |
| 31/12/2022 | £2.6m | £1.7m |
| 31/12/2021 | £2.6m | £2.2m |
| 31/12/2020 | £113k | £602k |
Common questions
Is THE END FUND financially healthy?
The accounts state that the charity reported a net deficit of $367,865 for the year ended 31 December 2024, resulting in total net assets of $4,044,642. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern, supported by a commitment from The END Fund Inc. until at least December 2025. Unrestricted reserves held at year-end were $644,642, which the trustees noted was in excess of their stated policy target of three months of unrestricted expenditure. Its FY2024 accounts were audited by Crowe UK LLP.
Who funds THE END FUND?
Funders whose own accounts filings name THE END FUND as a grant recipient include THE CHILDREN'S INVESTMENT FUND FOUNDATION (UK), THE SEQUOIA TRUST, THE VIRGIN FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE CHILDREN'S INVESTMENT FUND FOUNDATION (UK) | FY2022 | £17.9m |
| THE SEQUOIA TRUST | FY2023 | £775k |
| THE VIRGIN FOUNDATION | FY2021 | £760k |
| THE VIRGIN FOUNDATION | FY2023 | £708k |
| THE VIRGIN FOUNDATION | FY2024 | £531k |
| THE CHILDREN'S INVESTMENT FUND FOUNDATION (UK) | FY2024 | — |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JAY EDUCATION TRUST | 1 | £235k |
| EFFECTIVE VENTURES FOUNDATION | 1 | £151k |
| NES FOUNDATION LTD | 1 | £121k |
| THREE PILLARS TRUST | 1 | £50k |
| REIFER MEMORIAL LIMITED | 1 | £48k |
| OLLINGHAM LIMITED | 1 | £38k |
| KEHAL YISROEL D'CHASIDEI GUR | 1 | £36k |
| SF FOUNDATION | 1 | £30k |