HUMAN CAPABILITY FOUNDATION

Registered charity 1145084 · accounts filings on the Charity Commission register

HCF is a grant-making charity that makes grants to organisations predominantly in India.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Environment/conservation/heritage · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£44.5m
Latest spending
£31.1m
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £95,261,466, which is an increase from the prior year. The trustees report adequate resources for the foreseeable future and note that the charity is reliant on private donors rather than public fundraising.

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

What the accounts disclose

Largest income source: Donations and legacies (29% of income)
“Total donations received by the Charity in 2024 amounted to £13,055,884”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Choithram Internal Foundation
“In 2024, HCF received £11,555,883 (2023: £nil) from Choithram Internal Foundation, an entity with trustees/directors in common.” — page 6
“HCF's assets include loans to related Parties (its direct subsidiary Trigon Snacks Trading Ltd, as well as Natco Foods Ltd and T. Choithram & Sons (London) Ltd).” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Loans to related parties (Natco Foods Ltd and T. Choithram & Sons (London) Ltd)
“In 2024, HCF received £11,555,883 (2023: £nil) from Choithram Internal Foundation, an entity with trustees/directors in common.” — page 6
“HCF's assets include loans to related Parties (its direct subsidiary Trigon Snacks Trading Ltd, as well as Natco Foods Ltd and T. Choithram & Sons (London) Ltd).” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from subsidiary Stronelairg Wind Estate Ltd
“In 2024, HCF received £11,555,883 (2023: £nil) from Choithram Internal Foundation, an entity with trustees/directors in common.” — page 6
“HCF's assets include loans to related Parties (its direct subsidiary Trigon Snacks Trading Ltd, as well as Natco Foods Ltd and T. Choithram & Sons (London) Ltd).” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Giant Export Services Ltd
“In 2024, HCF received £11,555,883 (2023: £nil) from Choithram Internal Foundation, an entity with trustees/directors in common.” — page 6
“HCF's assets include loans to related Parties (its direct subsidiary Trigon Snacks Trading Ltd, as well as Natco Foods Ltd and T. Choithram & Sons (London) Ltd).” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustees employed/engaged by related company Natco Foods Ltd
“In 2024, HCF received £11,555,883 (2023: £nil) from Choithram Internal Foundation, an entity with trustees/directors in common.” — page 6
“HCF's assets include loans to related Parties (its direct subsidiary Trigon Snacks Trading Ltd, as well as Natco Foods Ltd and T. Choithram & Sons (London) Ltd).” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Trigon Snacks Trading Ltd, Downing Sustainable Investment 1 Ltd, Scots Wind Property Ltd, Sustainable Land Acquisitions Ltd, Stronelairg Wind Estate Ltd, Homer Renewables Ltd
“HCF's trading subsidiary, Trigon Snacks Trading Ltd, a nut-roasting business, made a net loss of £891,951 in 2024” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Berringers LLP. Discloses 4 of 6 completeness components.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

Property (HM Land Registry)

6 registered titles in England and Wales held by the charity’s company or corporate body (3 freehold); recorded price paid £1.8m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£44.5m
Total spending
£31.1m
Cost of raising funds
£28.6m
Reserves (reported)
£37.4m
Employees
0

Reported reserves equal ~14.5 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Other trading activities (62% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 64.3% of total income — above the 90th percentile for charities its size (median 3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: India · Senegal · Throughout London

Income and spending

Financial year endIncomeSpending
31/12/2024£44.5m£31.1m
31/12/2023£36.4m£29.9m
31/12/2022£56.9m£25.5m
31/12/2021£29.8m£22.0m
31/12/2020£2.0m£1.2m

Common questions

Is HUMAN CAPABILITY FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £95,261,466, which is an increase from the prior year. The trustees report adequate resources for the foreseeable future and note that the charity is reliant on private donors rather than public fundraising. Its FY2024 accounts were audited by Berringers LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE HOUSEHOLD CAVALRY FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
HUMAN CAPABILITY FOUNDATION£44.5m—0unclear—no doubt
THE HOUSEHOLD CAVALRY FOUNDATION FY2025£505k—0unclear—no doubt
QUADRATURE CLIMATE FOUNDATION FY2024£221.7m£1,420,001 - £1,430,000—unclear—no doubt
TOGETHER CHARITABLE FOUNDATION FY2025£1.7m—0unclear—no doubt
STANDARD CHARTERED FOUNDATION FY2025£6.4m—0unclear—no doubt
H&F Giving FY2025£504k£60,001 - £70,0001above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.