IGO FOUNDATION LIMITED
The objectives of the charity are:The relief of poverty in any part of the world;The advancement of the Jewish religion in any part of the world;The advancement of the education of the public in any part of the world in the knowledge of the Jewish history and culture;Such other charitable purposes in any part of the world as the trustees shall from time to time decide.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased from £259,893 to £207,478 due to a net expenditure exceeding income. The trustees confirm that the present level of funding is adequate to support the continuation of the provision of assistance in the short term and that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The charity aims to maintain reserves in order that it is in a position to continue its grant making activities at a consistent level and to cover contingencies of additional calls being made upon the charity for support of organisations or institutions in times of need.” — page 4
“During the year £40,000 (2024: £55,000) was donated by companies under common control.” — page 13
“Included within other creditors is a balance of £395,000 (2024: £240,800) due to companies under the control of one or more of the trustees.” — page 13
“During the year £40,000 (2024: £55,000) was donated by companies under common control.” — page 13
“Included within other creditors is a balance of £395,000 (2024: £240,800) due to companies under the control of one or more of the trustees.” — page 13
Year-over-year changes
- Reserves position vs the charity's own policy moved from "below" (FY2024) to "above" (FY2025).
Trustees
- BERNARD OSTchair
- ABRAHAM LIPSCHITZ
- GITA OST
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £222k | £274k |
| 30/06/2024 | £406k | £273k |
| 30/06/2023 | £274k | £283k |
| 30/06/2022 | £239k | £236k |
| 30/06/2021 | £230k | £218k |
Common questions
Is IGO FOUNDATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased from £259,893 to £207,478 due to a net expenditure exceeding income. The trustees confirm that the present level of funding is adequate to support the continuation of the provision of assistance in the short term and that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WISEHEIGHTS LIMITED | 1 | £755k |
| THE PA FOUNDATION | 1 | £57k |
| THE PERMIRA FOUNDATION | 1 | £53k |
| AIMING HIGH LONDON | 1 | £26k |
| E AND E KERNKRAUT CHARITIES LIMITED | 1 | £12k |
| BONAMY CHARITABLE TRUST | 1 | £7k |
Charities like this
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| IGO FOUNDATION LIMITED | £222k | — | 0 | above | — | no doubt |
| SF FOUNDATION | £7.7m | — | 0 | above | — | no doubt |
| SMS FOUNDATION | £229k | — | 0 | above | — | no doubt |
| J E JOSEPH CHARITABLE FUND | £130k | — | 0 | below | — | no doubt |
| JCD FOUNDATION | £2.1m | — | 0 | unclear | — | no doubt |
| HOPEGROVE | £73k | — | 0 | unclear | — | no doubt |