Gift Foundation

Registered charity 1143428 · accounts filings on the Charity Commission register · also known as GIFT OF KNOWLEDGE, GOK

Supporting the seekers of knowledge

Objects

TO PROMOTE EDUCATION IN SUCH WAYS AS THE TRUSTEES THINK FIT IN PARTICULAR BUT NOT EXCLUSIVELY BY:* AWARDING SCHOLARSHIPS OR GRANTS TO PEOPLE OVER THE AGE OF 21 YEARS IN THE UNITED KINGDOM AND DEVELOPING COUNTRIES TO ATTEND ANY UNIVERSITY, COLLEGE OR INSTITUTE OF HIGHER OR FURTHER EDUCATION; * TO PROMOTE NUMERACY AND LITERACY AMONGST CHILDREN IN DEVELOPING COUNTRIES.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Economic/community Development/employment · website · Get email alerts

Latest income
£276k
Latest spending
£380k
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity incurred a net movement in funds of (104,653) for the year, resulting in total funds carried forward of (159,709), indicating a deficit position. The trustees acknowledge that the passing of the CEO may have short-term impacts but remain confident in continuing operations, having prepared the accounts on a going concern basis.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £40,000 — below the median for charities its size (£60k)
“Key management personnel Mr Fahimul Anam (CEO) deceased was paid a salary of £40,000 during the year who was the partner of one of the trustees.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Key management personnel Mr Fahimul Anam (CEO) deceased was paid a salary of £40,000 during the year who was the partner of one of the trustees.
“Key management personnel Mr Fahimul Anam (CEO) deceased was paid a salary of £40,000 during the year who was the partner of one of the trustees.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Tower Hamlets

Income and spending

Financial year endIncomeSpending
31/12/2024£276k£380k
31/12/2023£253k£310k
31/12/2022£186k£258k
31/12/2021£148k£121k
31/12/2020£84k£44k

Common questions

Is Gift Foundation financially healthy?

Per its FY2024 accounts: The accounts state that the charity incurred a net movement in funds of (104,653) for the year, resulting in total funds carried forward of (159,709), indicating a deficit position. The trustees acknowledge that the passing of the CEO may have short-term impacts but remain confident in continuing operations, having prepared the accounts on a going concern basis. Its FY2024 accounts were independently examined.

What does the highest-paid employee of Gift Foundation earn?

Per its FY2024 accounts, the highest-paid employee was in the £40,000 band.