ACADEMIA EUROPAEA (THE ACADEMY OF EUROPE)
Promotion of European scholarship and research.Making of recommendations to national governments and international agencies concerning matters affecting science, scholarship and academic life in Europe.Encouraging interdisciplinary and international research in all areas of learning.
Objects
THE ADVANCEMENT AND PROPAGATION OF EXCELLENCE IN SCHOLARSHIP IN THE HUMANITIES, LAW, THE ECONOMIC, SOCIAL AND POLITICAL SCIENCES, MATHEMATICS, MEDICINE, AND ALL BRANCHES OF NATURAL AND TECHNOLOGICAL SCIENCES ANYWHERE IN THE WORLD FOR THE PUBLIC BENEFIT AND FOR THE ADVANCEMENT OF THE EDUCATION OF THE PUBLIC OF ALL AGES IN THE AFORESAID SUBJECTS IN EUROPE.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds carried forward were a deficit of £-33,600, driven by costs associated with establishing a new Munich legal entity. However, the trustees note that actual cash reserves remained positive at £213,526, and the charity intends to maintain reserves equal to approximately six months of operations.
What the accounts disclose
“The reserves policy was not met in the last two consecutive years due to the creation and support given to the Academia Europaea c.V in Munich.” — page 16
“The total amount refunded to the trustees/ directors regarding travel and subsistence for meetings, events for the year amounted to £7,972.09 (2023 - £13,611.71).” — page 37
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Structured financials (annual return, FY ending 31/12/2021)
Trustees
- Milena Zic Fuchs
- PROFESSOR Bjorn Wittrock
- PROFESSOR Genoveva Marti
- Professor Donald Dingwell
- Professor Eva Kondorosi
- Professor Eystein Jansen
- Professor Paolo Papale
- Professor Stephen Evans
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £297k | £333k |
| 31/12/2023 | £320k | £515k |
| 31/12/2022 | £316k | £344k |
| 31/12/2021 | £634k | £484k |
| 31/12/2020 | £401k | £255k |
Common questions
Is ACADEMIA EUROPAEA (THE ACADEMY OF EUROPE) financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds carried forward were a deficit of £-33,600, driven by costs associated with establishing a new Munich legal entity. However, the trustees note that actual cash reserves remained positive at £213,526, and the charity intends to maintain reserves equal to approximately six months of operations. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 01/04/2022 | £174 | Science Advice for Policy by European Academies |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MAURICE WOHL CHARITABLE FOUNDATION | 1 | £1.4m |
| ROTHSCHILD FOUNDATION (HANADIV) EUROPE | 1 | £622k |
| THE NUFFIELD FOUNDATION | 1 | £518k |
| THE SINO-BRITISH FELLOWSHIP TRUST | 1 | £214k |
| THE JOSEPH ROWNTREE CHARITABLE TRUST | 1 | £110k |
| THE BRITISH INSTITUTE OF ARCHAEOLOGY AT ANKARA | 1 | £72k |
| BRITISH ACCOUNTING AND FINANCE ASSOCIATION | 1 | £32k |
| THE CORCORAN FOUNDATION | 1 | £1k |
Charities like this
- THE EUROPAEUM
- UACES
- THE EUROPEAN ASSOCIATION FOR JEWISH STUDIES
- THE BRITISH ACADEMY FOR THE PROMOTION OF HISTORICAL PHILOSOPHICAL AND PHILOLOGICAL STUDIES
- THE FEDERATION OF EUROPEAN MICROBIOLOGICAL SOCIETIES
- European Renal Association
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ACADEMIA EUROPAEA (THE ACADEMY OF EUROPE) | £297k | — | 0 | below | — | no doubt |
| THE EUROPAEUM | £668k | — | 0 | unclear | — | no doubt |
| UACES | £416k | — | 0 | unclear | — | no doubt |
| THE EUROPEAN ASSOCIATION FOR JEWISH STUDIES | £143k | — | 0 | above | — | no doubt |
| THE BRITISH ACADEMY FOR THE PROMOTION OF HISTORICAL PHILOSOPHICAL AND PHILOLOGICAL STUDIES | £106.2m | — | — | unclear | — | no doubt |
| THE FEDERATION OF EUROPEAN MICROBIOLOGICAL SOCIETIES | £2.0m | €150,001 - €160,000 | — | unclear | — | no doubt |