PSI-K
Supports European research and researchers in materials through coordination of collaboration and dissemination of information on ab initio computational modelling among the European research community, and from the research community to others outside.
Financial health, per its FY2024 accounts
The accounts state that unrestricted net expenditure for the year was €22,509, resulting in a decrease in unrestricted reserves from €372,102 to €349,593. The charity is sustained entirely by membership donations, which totaled €120,000 in 2024, and the trustees have concluded that adopting the going concern basis of accounting is appropriate.
What the accounts disclose
“Membership donations in 2024 amounted to a total of €120,000 received (2023: €100,000).” — page 8
“In 2021 the Trustees agreed that our annual expenditure on community activities is determined by our income from the previous year, and adopted a target for reserves of €200,000.” — page 7
Trustees
- Dr Arash Mostofi
- Dr James Kermode
- Dr Martin Friak
- Professor Claudia Draxl
- Professor Elisa Molinari
- Professor Emilio Artacho
- Professor Karsten Reuter
- Professor Lilia Boeri
- Professor Lucia Anna Reining
- Professor Mariana Rossi
- Professor Matthieu Verstraete
- Professor Patrick Rinke
- Professor Peter Haynes
- Professor Silke Biermann
- Professor Stefan Blugel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £132k | £99k |
| 31/12/2023 | £122k | £165k |
| 31/12/2022 | £66k | £98k |
| 31/12/2021 | £156k | £53k |
| 31/12/2020 | £90k | £132k |
Common questions
Is PSI-K financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted net expenditure for the year was €22,509, resulting in a decrease in unrestricted reserves from €372,102 to €349,593. The charity is sustained entirely by membership donations, which totaled €120,000 in 2024, and the trustees have concluded that adopting the going concern basis of accounting is appropriate. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KHODORKOVSKY FOUNDATION | 1 | £9.9m |
| THE SANITA MERALI TRUST | 1 | £33k |
Charities like this
- THE WORLD FEDERATION OF KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITIES
- PSYCHIATRY RESEARCH TRUST
- PTEN RESEARCH FOUNDATION
- NEW EURASIA STRATEGIES CENTRE
- BAIS KOLSHIN
- THE RESEARCH SOCIETY FOR PROCESS ORIENTED PSYCHOLOGY (UK) LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PSI-K | £132k | — | 0 | unclear | — | no doubt |
| THE WORLD FEDERATION OF KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITIES | £15.9m | — | 0 | unclear | — | no doubt |
| PSYCHIATRY RESEARCH TRUST | £388k | — | 0 | unclear | — | no doubt |
| PTEN RESEARCH FOUNDATION | £716k | £170,001 - £180,000 | — | unclear | — | no doubt |
| NEW EURASIA STRATEGIES CENTRE | £234k | £150,001 - £160,000 | 1 | below | — | no doubt |
| BAIS KOLSHIN | £210k | — | 0 | unclear | — | no doubt |