INTERNATIONAL BACCALAUREATE FUND UK
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at USD 797,264, which is below the stated policy target of three months of unrestricted charitable expenditure. The charity relies on its ultimate parent company, the International Baccalaureate Organisation, to cover governance and fundraising costs, and the auditors confirmed no material uncertainties regarding going concern.
What the accounts disclose
“The Trustees aim to build up and maintain three reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure.” — page 6
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Andrea Smith
- Matthew Costello
- Nicole Bien
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £924k | £1.0m |
| 30/06/2024 | £1.5m | £1.8m |
| 30/06/2023 | £1.4m | £1.4m |
| 30/06/2022 | £840k | £928k |
| 30/06/2021 | £813k | £954k |
Common questions
Is INTERNATIONAL BACCALAUREATE FUND UK financially healthy?
The accounts state that unrestricted reserves stood at USD 797,264, which is below the stated policy target of three months of unrestricted charitable expenditure. The charity relies on its ultimate parent company, the International Baccalaureate Organisation, to cover governance and fundraising costs, and the auditors confirmed no material uncertainties regarding going concern. Its FY2023 accounts were audited by Bishop Fleming LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AUSTIN BAILEY FOUNDATION | 1 | £1k |
| THE SIR JAMES ROLL CHARITABLE TRUST | 1 | £1k |