HUO FAMILY FOUNDATION (UK) LIMITED

Registered charity 1133206 · accounts filings on the Charity Commission register

The Huo Family Foundation is a grant-giving foundation based in London. Its mission is to support education, communities and the pursuit of knowledge. The Foundations current focus are in the five main areas, education, neuroscience and psychology, public policy, the arts and scientific research.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£18.5m
Latest spending
£4.5m
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of US$244,898,457, which significantly exceed its stated policy target of approximately US$13,500,000 for the upcoming year's grant payments and operating expenses. The trustees confirm that reserves are sufficient to meet future needs and that the going concern basis of accounting is appropriate, with no material uncertainties identified by the auditors.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Employees paid over £60,000: 1
“Only one employee received emoluments in excess of US$60,000”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“As at 31 December 2024, this balance was US$6,613,828 (2023: US$7,459,913).” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donation from trustee Yan Huo
“received a donation of US$16,000,000 (2023: US$16,000,000) from Yan Huo, a trustee of the Foundation.” — page 28
“The total charge by Faculty Road Limited was US$289,180 (2023: US$667,819); the amount of outstanding payment included within creditors at 31 December 2024 was US$54,478”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Service agreement with Faculty Road Limited
“received a donation of US$16,000,000 (2023: US$16,000,000) from Yan Huo, a trustee of the Foundation.” — page 28
“The total charge by Faculty Road Limited was US$289,180 (2023: US$667,819); the amount of outstanding payment included within creditors at 31 December 2024 was US$54,478”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to Fudan University
“received a donation of US$16,000,000 (2023: US$16,000,000) from Yan Huo, a trustee of the Foundation.” — page 28
“The total charge by Faculty Road Limited was US$289,180 (2023: US$667,819); the amount of outstanding payment included within creditors at 31 December 2024 was US$54,478”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by PricewaterhouseCoopers LLP. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£18.5m
Total spending
£4.5m
Cost of raising funds
£304k
Reserves (reported)
£195.5m
Employees
5

Per its annual return, largest income source: Donations and legacies (88% 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: 1.6% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: China · Throughout England And Wales · United States

Income and spending

Financial year endIncomeSpending
31/12/2024£18.5m£4.5m
31/12/2023£17.9m£11.2m
31/12/2022£22.0m£6.7m
31/12/2021£21.1m£5.4m
31/12/2020£18.9m£6.3m

Common questions

Is HUO FAMILY FOUNDATION (UK) LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of US$244,898,457, which significantly exceed its stated policy target of approximately US$13,500,000 for the upcoming year's grant payments and operating expenses. The trustees confirm that reserves are sufficient to meet future needs and that the going concern basis of accounting is appropriate, with no material uncertainties identified by the auditors. Its FY2024 accounts were audited by PricewaterhouseCoopers LLP.

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.

FunderSimilar charities fundedAmount to them
MONA HATOUM FOUNDATION1£4k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with Hollick Family Foundation.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
HUO FAMILY FOUNDATION (UK) LIMITED£18.5m—1below—no doubt
Hollick Family Foundation FY2025£4.5m—0above—no doubt
KHOO TECK PUAT UK FOUNDATION FY2025£5.2m—0below—no doubt
THE HOOVER FOUNDATION FY2025£103k—0unclear—no doubt
The Hanoon Foundation FY2023£781kUnder £60,0000unclear—no doubt
THE TAYLOR FAMILY FOUNDATION FY2025£1.7mmore than £70,0001unclear—no doubt

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