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MACE FOUNDATION

Registered charity 1150134 · accounts filings on the Charity Commission register

The Mace Foundation drives forward Mace's ambition to make a real and sustainable difference to the lives of people where Mace operates. The Mace Foundation gives back to communities through its charity partnerships and match funding programme for Mace employees. The Foundation focuses its giving on education and employment, economic inequality and health, well-being and environment.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£769k
Latest spending
£666k
Registered
2012
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net income surplus of £103,520 for the year ended 31 December 2024, resulting in unrestricted reserves increasing to £217,832. The Trustees note that this reserve level represents 28% of total income, which is above the previously agreed policy target of retaining no more than 5% of annual income, though they have since reviewed this to aim for 25% to mitigate fundraising risks. The charity remains dependent on Mace Limited for the majority of its funding but has sufficient resources to continue operations.

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

What the accounts disclose

Related-party transaction: Gift in kind staff costs
“The relevant staff costs (except CEO) are not being recharged to the Mace Foundation, but received as a ‘gift in kind’ donation instead from Mace Limited.”
Per its FY2024 accounts as filed with the Charity Commission.
Governance: Governance risk: Trustees are Mace employees/connected persons, difficult to demonstrate independence.
“Of the 11 current trustees, 10 are Mace employees and 1 is connected person to Mace Group board directors. Difficult to demonstrate independence to Charity Commission.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Corporate structure

Public fundraising profile: JustGiving — Mace Foundation (matched by registered charity number).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

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

Total income
£769k
Total spending
£666k
Cost of raising funds
£92k
Reserves (reported)
£218k
Employees
0

Reported reserves equal ~3.9 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (52% 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: 11.9% of total income — above the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Australia · Denmark · Netherlands · South Africa · Throughout England · United Arab Emirates · United States

Income and spending

Financial year endIncomeSpending
31/12/2024£769k£666k
31/12/2023£682k£709k
31/12/2022£711k£661k
31/12/2021£443k£425k
31/12/2020£381k£357k

Common questions

Is MACE FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net income surplus of £103,520 for the year ended 31 December 2024, resulting in unrestricted reserves increasing to £217,832. The Trustees note that this reserve level represents 28% of total income, which is above the previously agreed policy target of retaining no more than 5% of annual income, though they have since reviewed this to aim for 25% to mitigate fundraising risks. The charity remains dependent on Mace Limited for the majority of its funding but has sufficient resources to continue operations. Its FY2024 accounts were independently examined.

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.

FunderSimilar charities fundedAmount to them
THE GRAND CHARITY1£29.6m
DONATING CHARITY LIMITED1£1.1m
NORTHUMBERLAND MASONIC CHARITY ASSOCIATION1£825k
4 CHARITY FOUNDATION1£290k
Leicestershire and Rutland Freemasons' Charity (LRFC)1£187k
THE UKI CHARITABLE FOUNDATION1£157k
LANDAID CHARITABLE TRUST LIMITED1£60k
THE WARWICKSHIRE MASONIC CHARITABLE ASSOCIATION LIMITED1£41k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MASONIC CHARITABLE FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
MACE FOUNDATION£769k—0unclear—no doubt
MASONIC CHARITABLE FOUNDATION FY2025£90.8m——within—no doubt
FAT MACY'S FOUNDATION FY2024£237k—0below—no doubt
THE MAKO FOUNDATION FY2024£156k—0unclear—no doubt
THE MITIE FOUNDATION FY2025£417k—0unclear—no doubt
ISSA FOUNDATION FY2024£9.9m—0above—no doubt

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