FRIENDS OF SICK CHILDREN IN MALAWI
Friends of Sick Children in Malawi aims to improve the healthcare and well being of children in Malawi. Donations pay for paediatric nurses, clinical officers and related staff who each year treat some 100,000 of the world's poorest children; contribute to training and education; buy medical equipment and supplies; provide wheelchairs and other orthotic devices for children with mobility issues.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £423,385 at the year end, a significant increase from the prior year's £29,098. The trustees' policy is to retain only minimum reserves necessary for known costs, spending the remainder on charitable activities, which resulted in a net income surplus of £394,287. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“For 2024, 98.7p of every £1 raised and spent by FOSCiM delivered charitable benefit in Malawi”
“It is the policy of Trustees to retain only the minimum reserves necessary to cover known and anticipated costs and to spend the remaining available resources to benefit the children of Malawi.” — page 8
Trustees
- GORDON COWIE MBEchair
- ALEXIS MARY COWIE
- PROFESSOR ELIZABETH MARGARET MOLYNEUX OBE
- STUART JAMES REYNOLDS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £493k | £99k |
| 31/12/2023 | £110k | £120k |
| 31/12/2022 | £92k | £208k |
| 31/12/2021 | £99k | £114k |
| 31/12/2020 | £230k | £115k |
Common questions
Is FRIENDS OF SICK CHILDREN IN MALAWI financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £423,385 at the year end, a significant increase from the prior year's £29,098. The trustees' policy is to retain only minimum reserves necessary for known costs, spending the remainder on charitable activities, which resulted in a net income surplus of £394,287. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Who funds FRIENDS OF SICK CHILDREN IN MALAWI?
Funders whose own accounts filings name FRIENDS OF SICK CHILDREN IN MALAWI as a grant recipient include THE ROGER & DOUGLAS TURNER CHARITABLE TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EDENBRIDGE, The Squire Patton Boggs Charitable Trust.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ROGER & DOUGLAS TURNER CHARITABLE TRUST | FY2025 | £5k | |
| THE ROGER & DOUGLAS TURNER CHARITABLE TRUST | FY2023 | £5k | |
| THE ROGER & DOUGLAS TURNER CHARITABLE TRUST | FY2022 | £5k | |
| THE ROGER & DOUGLAS TURNER CHARITABLE TRUST | FY2024 | £5k | |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EDENBRIDGE | FY2024 | £224 | Missionary and charitable giving |
| The Squire Patton Boggs Charitable Trust | FY2022 | £200 | Education/Training |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EDENBRIDGE | FY2025 | £160 | Missionary and charitable giving |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THOMAS J HORNE MEMORIAL TRUST | 2 | £85k |
| THE BAND TRUST | 1 | £470k |
| THE GEORG AND EMILY VON OPEL FOUNDATION | 1 | £200k |
| MICHAEL CRAWFORD CHILDRENS CHARITY | 1 | £193k |
| E B M CHARITABLE TRUST | 1 | £187k |
| THE RASCHE FAMILY CHARITABLE TRUST | 1 | £113k |
| THE MARIE CELESTE SAMARITAN SOCIETY | 1 | £70k |
| THE SIR JAMES RECKITT CHARITY | 1 | £50k |
Charities like this
- MYMALAWI
- FRIENDS OF PICU
- Support Malawi
- FRIENDS OF THE CHILDREN OF ORISSA
- THE FRIENDS OF ST FRANCIS KATETE CHARITABLE TRUST
- THE SICK CHILDREN'S TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FRIENDS OF SICK CHILDREN IN MALAWI | £493k | — | 0 | unclear | 1.3% | no doubt |
| MYMALAWI | £212k | — | 0 | below | — | no doubt |
| FRIENDS OF PICU | £283k | — | 0 | unclear | — | no doubt |
| Support Malawi | £1.4m | — | 0 | unclear | — | no doubt |
| FRIENDS OF THE CHILDREN OF ORISSA | £129k | — | 0 | unclear | 0.0% | no doubt |
| THE FRIENDS OF ST FRANCIS KATETE CHARITABLE TRUST | £288k | — | 0 | unclear | — | no doubt |