INTERNATIONAL BACCALAUREATE FUND UK
The purposes of the charity is the advancement of education for the benefit of the public. This includes curriculum and assessment development, teacher professional development, consultancy, conferences and collaboration with relevant institutions. Enable more students to experience and benefit from an IB education regardless of personal circumstances.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at USD 430,746, which is below the stated policy target of approximately three months of unrestricted charitable expenditure. The charity reported a net decrease in total funds of USD 363,009 for the year, with unrestricted funds declining significantly from the previous year.
What the accounts disclose
“Republic of South Korea 1,157,966” — page 20
“The Trustees aim to build up and maintain the reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure.” — page 6
“The Charity’s Audit and preparation of the year end financial statement fees of USD15,744 (2023: USD15,250) are recognised as a donation from the IB.” — page 27
“Grants payable totalling USD657,039 (2023: USD638,176) are due to International Baccalaureate Organization. This entity makes project expense payments on behalf of the Charity which are subsequently reimbursed.” — page 27
“The Charity’s Audit and preparation of the year end financial statement fees of USD15,744 (2023: USD15,250) are recognised as a donation from the IB.” — page 27
“Grants payable totalling USD657,039 (2023: USD638,176) are due to International Baccalaureate Organization. This entity makes project expense payments on behalf of the Charity which are subsequently reimbursed.” — page 27
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?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at USD 430,746, which is below the stated policy target of approximately three months of unrestricted charitable expenditure. The charity reported a net decrease in total funds of USD 363,009 for the year, with unrestricted funds declining significantly from the previous year. Its FY2024 accounts were audited by Bishop Fleming LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SIR JAMES ROLL CHARITABLE TRUST | 1 | £3k |
| THE AUSTIN BAILEY FOUNDATION | 1 | £1k |
Charities like this
- INTERNATIONAL BACCALAUREATE ORGANIZATION (UK) LIMITED
- IESE FOUNDATION UK
- INTERNATIONAL FOUNDATION FOR CHILDREN'S EDUCATION
- IAPS CHARITABLE TRUST
- INTERNATIONAL SCHOOLS OF BUSINESS MANAGEMENT LIMITED
- THE ISBOURNE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| INTERNATIONAL BACCALAUREATE FUND UK | £924k | — | 0 | unclear | — | no doubt |
| INTERNATIONAL BACCALAUREATE ORGANIZATION (UK) LIMITED | £26.7m | £160,001 - £170,000 | — | above | — | noted |
| IESE FOUNDATION UK | £357k | — | 0 | unclear | — | no doubt |
| INTERNATIONAL FOUNDATION FOR CHILDREN'S EDUCATION | £762k | — | 0 | unclear | — | no doubt |
| IAPS CHARITABLE TRUST | £197k | — | 0 | above | — | no doubt |
| INTERNATIONAL SCHOOLS OF BUSINESS MANAGEMENT LIMITED | £479k | — | 0 | above | — | no doubt |