INTERNATIONAL POLE AND LINE FOUNDATION
To help develop sustainable and equitable pole-and-line fisheries and to increase the market share of sustainably and equitably caught pole and line tuna.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds were $360,747 at year-end, which is below the stated reserves policy target of between $370,352 and $740,704. The trustees attribute this shortfall to challenges including member bad debt and falling membership fees due to global instability. Despite this, the independent auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The present level of unrestricted funding available to the charity is therefore below the target.” — page 7
Leadership, per the charity’s website
- Martin Purves — Managing Director
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Cristina Brice Pita
- Dr Yinji Li
- JOHN RICHARD BURTON
- Mohamed Rasheed
- Muhammad Zulficar Mochtar
- Rahim Hoosen
- Susan Imende- Ungadi
- Urs Baumgartner
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.4m | £1.4m |
| 31/12/2023 | £1.2m | £1.1m |
| 31/12/2022 | £1.3m | £1.0m |
| 31/12/2021 | £865k | £1.2m |
| 31/12/2020 | £1.6m | £1.0m |
Common questions
Is INTERNATIONAL POLE AND LINE FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds were $360,747 at year-end, which is below the stated reserves policy target of between $370,352 and $740,704. The trustees attribute this shortfall to challenges including member bad debt and falling membership fees due to global instability. Despite this, the independent auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by DSA Prospect Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ICTHIUS CHARITABLE TRUST | 1 | £548k |
| PETER DUBENS FAMILY FOUNDATION | 1 | £373k |
| TARA GETTY FOUNDATION | 1 | £166k |
Charities like this
- OCEAN FAMILY FOUNDATION
- ICHTHUS CHRISTIAN FELLOWSHIP
- THE ICTHIUS CHARITABLE TRUST
- THE FISHMONGERS' COMPANY'S FISHERIES CHARITABLE TRUST
- SUSTAINABILITY. HEALTH. ENVIRONMENT. DEVELOPMENT.
- SUSTAINABILITY FIRST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| INTERNATIONAL POLE AND LINE FOUNDATION | £1.4m | — | — | below | — | no doubt |
| OCEAN FAMILY FOUNDATION | £329k | — | 0 | unclear | — | no doubt |
| ICHTHUS CHRISTIAN FELLOWSHIP | £1.5m | — | 0 | above | — | no doubt |
| THE ICTHIUS CHARITABLE TRUST | £569k | — | 0 | unclear | — | no doubt |
| THE FISHMONGERS' COMPANY'S FISHERIES CHARITABLE TRUST | £2.0m | £100,001 - £110,000 | 1 | above | — | no doubt |
| SUSTAINABILITY. HEALTH. ENVIRONMENT. DEVELOPMENT. | £2.8m | — | 0 | above | — | no doubt |