HUO FAMILY FOUNDATION (UK) LIMITED
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.
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.
What the accounts disclose
“Only one employee received emoluments in excess of US$60,000”
“As at 31 December 2024, this balance was US$6,613,828 (2023: US$7,459,913).” — page 7
“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”
“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”
“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”
Year-over-year changes
- Employees paid over £60,000: 0 (FY2023) → 1 (FY2024).
Corporate structure
- Registered company of the charity Companies House 06451283
Company officers (Companies House)
- HUO, Iris on trustee list
- MONTMARQUET, Nancy Lynn on trustee list
- QIAO, Yu, Dr on trustee list
- LOWE, Samuel Xun-Wei on trustee list
- HUO, Yan on trustee list
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- YAN HUOchair
- Dr YU QIAO
- Iris Huo
- Nancy Lynn Montmarquet
- SAMUEL LOWE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MONA HATOUM FOUNDATION | 1 | £4k |
Charities like this
- Hollick Family Foundation
- KHOO TECK PUAT UK FOUNDATION
- THE HOOVER FOUNDATION
- The Hanoon Foundation
- THE TAYLOR FAMILY FOUNDATION
- STANFORD FOUNDATION (UK) LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HUO FAMILY FOUNDATION (UK) LIMITED | £18.5m | — | 1 | below | — | no doubt |
| Hollick Family Foundation | £4.5m | — | 0 | above | — | no doubt |
| KHOO TECK PUAT UK FOUNDATION | £5.2m | — | 0 | below | — | no doubt |
| THE HOOVER FOUNDATION | £103k | — | 0 | unclear | — | no doubt |
| The Hanoon Foundation | £781k | Under £60,000 | 0 | unclear | — | no doubt |
| THE TAYLOR FAMILY FOUNDATION | £1.7m | more than £70,000 | 1 | unclear | — | no doubt |