THE AFRICAN INSTITUTE FOR MATHEMATICAL SCIENCES - NEXT EINSTEIN INITIATIVE FOUNDATION (UK)
The AIMS-Next Einstein Initiative (NEI) seeks to unlock and nurture scientific and technical talent across Africa and specifically involves the establishment and operation of a network of fifteen centres of excellence across Africa that are focused on the teaching of mathematical sciences to African university graduates.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a negative unrestricted reserve of $14,251 as of 30 June 2025, having received no charitable activity income during the year. The trustees note that the charity does not have a primary source of funding and is supported by the AIMS Rwanda Centre, which has agreed to continue providing necessary funding to ensure operations continue without disruption.
What the accounts disclose
“AIMS will try to maintain a positive reserve of 50% of its annual operational needs, which is about $ 40,000.” — page 5
“On the basis of the above, at the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.” — page 7
“During the year the Charity granted funds of $nil (2024: $450,067) and had expenses reimbursed of $68,656 (2024 – US$ 66,855) from other entities of the Charity's network. The Trustees are on the Boards of these entities. Funds transferred to other entities where Trustees are members of the Board of such entities: Entity: AIMS Rwanda Centre: US$ nil (2024 – US$ 450,067)” — page 30
Corporate structure
- Registered company of the charity Companies House 07265648
Company officers (Companies House)
- BOAMAH, Charles on trustee list
- NDIAYE, Abdel Kader on trustee list
- MADONSELA, Thuli, Professor on trustee list
- GHARBI, Mohammed Jouade on trustee list
- TUROK, Neil Geoffrey, Professor on trustee list
Structured financials (annual return, FY ending 30/06/2023)
Register events
- Received assets from another charity (04/10/2013)
Trustees
- PROFESSOR NEIL GEOFFREY TUROKchair
- Abdel Kader Ndiaye
- Charles Boamah
- MOHAMMED JOUADE GHARBI
- Professor Thuli Madonsela
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £51k | £51k |
| 30/06/2024 | £409k | £412k |
| 30/06/2023 | £1.8m | £1.8m |
| 30/06/2022 | £3.0m | £3.0m |
| 30/06/2021 | £2.4m | £2.5m |
Common questions
Is THE AFRICAN INSTITUTE FOR MATHEMATICAL SCIENCES - NEXT EINSTEIN INITIATIVE FOUNDATION (UK) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a negative unrestricted reserve of $14,251 as of 30 June 2025, having received no charitable activity income during the year. The trustees note that the charity does not have a primary source of funding and is supported by the AIMS Rwanda Centre, which has agreed to continue providing necessary funding to ensure operations continue without disruption. Its FY2025 accounts were audited by Moore Kingston Smith LLP.