MASTERS FOUNDATION

Registered charity 1128681 · accounts filings on the Charity Commission register

TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PRESERVE AND PROTECT GOOD HEALTH.TO RELIEVE FINANCIAL NEED AND SUFFERING AMONG VICTIMS OF NATURAL OR OTHER KINDS OF DISASTER IN THE FORM OF MONEY INCLUDING THE PROVISION OF MEDICAL AID.TO ADVANCE SECULAR EDUCATION THROUGHOUT THE WORLD.

Objects

*TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PRESERVE AND PROTECT GOOD HEALTH ANYWHERE IN THE WORLD AS THE TRUSTEES THINK FIT.*THE RELIEF OF FINANCIAL NEED AND SUFFERING AMONG VICTIMS OF NATURAL OR OTHER KINDS OF DISASTER IN THE FORM OF MONEY (OR OTHER MEANS DEEMED SUITABLE) FOR PERSONS, BODIES, ORGANISATIONS AND/OR COUNTRIES AFFECTED INCLUDING THE PROVISION OF MEDICAL AID.*TO ADVANCE RELIGION IN PARTICULAR THE SHIA ITHNA ASHARI MUSLIM FAITH ANYWHERE IN THE WORLD AS THE TRUSTEES THINK FIT.*TO ADVANCE EDUCATION ANYWHERE IN THE WORLD AS THE TRUSTEES THINK FIT.*TO FURTHER SUCH EXCLUSIVELY CHARITABLE PURPOSES AS DETERMINED BY THE LAW OF ENGLAND AND WALES FOR THE BENEFITS OF THE PUBLIC AS THE TRUSTEES THINK FIT.

Area of benefit: WORLDWIDE

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: Birmingham, West Midlands, England (from the postcode on the register)

Latest income
£999k
Latest spending
£498k
Registered
2009
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a surplus of £500,716 for the year ended 31 December 2025, with total unrestricted funds increasing to £3,089,904. The trustees report no material uncertainties regarding the charity's ability to continue operating. The charity holds significant cash reserves of £1,848,729 alongside investments valued at £739,422.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: The plans for accumulated reserves of the charity be used for the development of the land at Catherine-de-Barns and to build education centre/hospital in Zanzibar, and any other opportunity that arises. (reserves figure: £3.1m)
“The plans for accumulated reserves of the charity be used for the development of the land at Catherine-de-Barns and to build education centre/hospital in Zanzibar, and any other opportunity that arises.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/12/2025

  • Volunteers: 2
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2024

  • Volunteers: 2
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2023

  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £110k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£999k
Total spending
£498k
Reserves (reported)
£501k
Employees
0

Reported reserves equal ~12.1 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (94% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Birmingham City · Tanzania

Income and spending

Financial year endIncomeSpending
31/12/2025£999k£498k
31/12/2024£608k£465k
31/12/2023£381k£521k
31/12/2022£1.7m£338k
31/12/2021£258k£230k

Common questions

Is MASTERS FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity generated a surplus of £500,716 for the year ended 31 December 2025, with total unrestricted funds increasing to £3,089,904. The trustees report no material uncertainties regarding the charity's ability to continue operating. The charity holds significant cash reserves of £1,848,729 alongside investments valued at £739,422. Its FY2025 accounts were independently examined.

Who funds MASTERS FOUNDATION?

Funders whose own accounts filings name MASTERS FOUNDATION as a grant recipient include THE WORLD FEDERATION OF KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITIES.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE WORLD FEDERATION OF KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITIESFY2025£131kRelief

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MASTER PARK.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
MASTERS FOUNDATION£999k—0unclear—no doubt
MASTER PARK FY2025£35k—0unclear—no doubt
UK Music Masters Ltd. FY2025£1.5m£70,001 - £80,0001within—no doubt
THE MASTER CHARITABLE TRUST FY2025£155.3m—0unclear—no doubt
MENTAL HEALTH MATTERS FY2025£28.2m£110,001 - £120,000—above—no doubt
THE MATHS SOCIETY FY2025£32k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.