PIMCO FOUNDATION EUROPE
The Charity makes grants to community and other charitable causes
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £817,387 for the year ended 31 December 2024, resulting in total unrestricted reserves of £7,679,011. The trustees confirmed that sufficient reserves exist to cover a full year's charitable activities even under worst-case stress scenarios, and no material uncertainties regarding going concern were identified.
What the accounts disclose
“Individual donations to the Foundation made by some Trustees amounted to £345,150 (2023: £377,301). These amounts were owing at year end.” — page 21
“The Foundation has invested in various funds managed by PIMCO Europe and or affiliates of PIMCO Europe. PIMCO Europe and or affiliates of PIMCO Europe do not charge any fee for the services provided.” — page 21
“Individual donations to the Foundation made by some Trustees amounted to £345,150 (2023: £377,301). These amounts were owing at year end.” — page 21
“The Foundation has invested in various funds managed by PIMCO Europe and or affiliates of PIMCO Europe. PIMCO Europe and or affiliates of PIMCO Europe do not charge any fee for the services provided.” — page 21
“Individual donations to the Foundation made by some Trustees amounted to £345,150 (2023: £377,301). These amounts were owing at year end.” — page 21
“The Foundation has invested in various funds managed by PIMCO Europe and or affiliates of PIMCO Europe. PIMCO Europe and or affiliates of PIMCO Europe do not charge any fee for the services provided.” — page 21
Corporate structure
- Registered company of the charity Companies House 07401007
Company officers (Companies House)
- SHÔVE, Sarah Elizabeth not on trustee list
- ENGLISH, Robert John, Mr. on trustee list
- BERNDT, Andreas Ralf on trustee list
- BLUTE, Ryan Patrick, Mr. on trustee list
- RICE, Thomas Edmund on trustee list
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Andreas Ralf Berndt
- Robert John English
- Ryan Blute
- Sarah Elizabeth Shove
- THOMAS RICE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.7m | £1.2m |
| 31/12/2023 | £1.5m | £1.4m |
| 31/12/2022 | £1.3m | £1.0m |
| 31/12/2021 | £1.3m | £900k |
| 31/12/2020 | £1.1m | £846k |
Common questions
Is PIMCO FOUNDATION EUROPE financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £817,387 for the year ended 31 December 2024, resulting in total unrestricted reserves of £7,679,011. The trustees confirmed that sufficient reserves exist to cover a full year's charitable activities even under worst-case stress scenarios, and no material uncertainties regarding going concern were identified. Its FY2024 accounts were audited by Saffery LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Lord Leonard and Lady Estelle Wolfson Foundation | 1 | £5k |
Charities like this
- PONOSI FOUNDATION
- EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT
- THE CAYO FOUNDATION
- GEFEN FOUNDATION
- The Trust Foundation
- THE PIPA FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PIMCO FOUNDATION EUROPE | £1.7m | — | 0 | unclear | — | no doubt |
| PONOSI FOUNDATION | £144k | — | 0 | unclear | — | no doubt |
| EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT | £1.1m | £90,001 - £100,000 | — | above | — | no doubt |
| THE CAYO FOUNDATION | £400k | — | 0 | above | — | no doubt |
| GEFEN FOUNDATION | £373k | — | 0 | unclear | — | no doubt |
| The Trust Foundation | £3.0m | — | 0 | above | — | no doubt |