THE PROFOREST INITIATIVE
Concerned with sustainable production and sourcing of agricultural and forest commodities. Work is delivered through programmes - global level - providing technical support to multi-stakeholder initiatives, using partnerships to develop capacity and innovating approaches for smallholder development - regional level - addressing deforestation, climate change and sustainable economic development.
Financial health, per its FY2024 accounts
The charity reported a surplus of £23,505 for the year ended 31 December 2024, with total income decreasing to £1,054,204 from £1,540,689 in the prior year. Unrestricted reserves increased to £402,400, which the trustees state is above the annual operating cost and provides a buffer against short-term funding gaps. The auditor confirmed the appropriateness of the going concern basis with no material uncertainties identified.
What the accounts disclose
“During the year ended 31 December 2024 Proforest Limited recharged The Proforest Initiative £510,941 (2023: £536,242) for costs of charitable activity paid on its behalf.” — page 27
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Christopher Alexander Elliottchair
- Bengt Anders Lindhe
- Jenny Elizabeth McInnes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.1m | £1.0m |
| 31/12/2023 | £1.5m | £1.6m |
| 31/12/2022 | £2.6m | £2.6m |
| 31/12/2021 | £2.2m | £2.2m |
| 31/12/2020 | £2.0m | £2.1m |
Common questions
Is THE PROFOREST INITIATIVE financially healthy?
Per its FY2024 accounts: The charity reported a surplus of £23,505 for the year ended 31 December 2024, with total income decreasing to £1,054,204 from £1,540,689 in the prior year. Unrestricted reserves increased to £402,400, which the trustees state is above the annual operating cost and provides a buffer against short-term funding gaps. The auditor confirmed the appropriateness of the going concern basis with no material uncertainties identified. Its FY2024 accounts were audited by Gravita Audit Oxford LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NORTHWICK TRUST | 2 | £55k |
| THE TRESANTON TRUST | 1 | £731k |
| The Global Returns Project Limited | 1 | £253k |
| ISEAL ALLIANCE | 1 | £224k |
| THE AURORA TRUST | 1 | £204k |
| INTERNATIONAL INSTITUTE FOR ENVIRONMENT AND DEVELOPMENT | 1 | £188k |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | 1 | £155k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £70k |
Charities like this
- FOREST PEOPLES PROGRAMME
- RAINFOREST ALLIANCE LTD
- PLANT-FOR-THE-PLANET UK
- LTPP
- INTERNATIONAL TREE FOUNDATION
- PRODUCERS DIRECT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PROFOREST INITIATIVE | £1.1m | — | — | unclear | — | no doubt |
| FOREST PEOPLES PROGRAMME | £9.6m | — | — | unclear | — | noted |
| RAINFOREST ALLIANCE LTD | £2.3m | — | — | within | — | no doubt |
| PLANT-FOR-THE-PLANET UK | £290k | — | 0 | unclear | — | no doubt |
| LTPP | £3.1m | — | 0 | above | — | no doubt |
| INTERNATIONAL TREE FOUNDATION | £1.4m | — | 0 | above | 8.2% | no doubt |