BIOGUINEA FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that total net assets increased to €7,916,892, driven by a €3 million endowment contribution from the MAVA Foundation and investment gains. However, the trustees report that the charity has yet to implement a formal reserve policy and relies on investment returns to bridge financial gaps while awaiting delayed project funding from the World Bank.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- Camila Monteiro
- Charlotte Karibuhoye Rachid Said
- Helena Nosolini Embalo
- Ibrahima Thiam
- Jaderio Fonseca
- Justino Biai PhD agr.
- Miles Geldard
- PAUL SIEGEL PHD
- Rhys Petheram
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £420k | £311k |
| 31/12/2023 | £3.0m | £426k |
| 31/12/2022 | £1.9m | £698k |
| 31/12/2021 | £461k | £178k |
| 31/12/2020 | £182k | £262k |
Common questions
Is BIOGUINEA FOUNDATION financially healthy?
The accounts state that total net assets increased to €7,916,892, driven by a €3 million endowment contribution from the MAVA Foundation and investment gains. However, the trustees report that the charity has yet to implement a formal reserve policy and relies on investment returns to bridge financial gaps while awaiting delayed project funding from the World Bank. Its FY2023 accounts were audited by Richard Place Dobson Services Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ORANGUTAN APPEAL UK | 1 | £10k |