inHive Global
Researching into and advocating for the global viability of alumni networks;Consultancy to support governments, educationalists and NGOs to launch and run alumni community-building programmes;Partnership with local NGOs to pilot the Future First alumni community building model in schools.
Financial health, per its FY2024 accounts
The accounts state that the charity has unrestricted net liabilities of £14,076, meaning it is below its stated reserves policy target of four months of annual expenditure. The trustees note that the charity is dependent on the Mastercard Foundation as its primary funder and that it is essential to diversify funding in the short term.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2024 No. In the band £60,001 - £70,000 1” — page 22
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2024 No. In the band £60,001 - £70,000 1” — page 22
“At the end of 2024, inHive had a deficit on unrestricted funds and therefore the reserves policy was not being met at this time.” — page 9
“For that reason we are satisfied that the charity is a going concern. However, it remains a live issue that the Mastercard Foundation is the charity’s primary funder. The unrestricted position is showing a cumulative deficit of £14,076 (so there are unrestricted net liabilities) and therefore it is a priority to build up these unrestricted reserves to align with the board’s target policy of 4 months. As a result the programme delivery fee will be transferred as actual to the reserve account in 2025 in agreement with the Mastercard Foundation. It therefore remains essential that InHive diversifies and increases its funding both restricted and unrestricted in the short-term.” — page 8
Funders the charity credits
- Mastercard Foundation
Trustees
- Agatha Siwale Malenga
- Althea Rivas Dr.
- Kenneth Ssekimpi
- Ranjit Majumdar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £305k | £345k |
| 31/12/2023 | £126k | £104k |
| 31/12/2022 | £115k | £239k |
| 31/12/2021 | £390k | £313k |
| 31/12/2020 | £265k | £221k |
Common questions
Is inHive Global financially healthy?
Per its FY2024 accounts: The accounts state that the charity has unrestricted net liabilities of £14,076, meaning it is below its stated reserves policy target of four months of annual expenditure. The trustees note that the charity is dependent on the Mastercard Foundation as its primary funder and that it is essential to diversify funding in the short term. Its FY2024 accounts were independently examined.
What does the highest-paid employee of inHive Global earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Who funds inHive Global?
Funders whose own accounts filings name inHive Global as a grant recipient include THE PEARS FAMILY CHARITABLE FOUNDATION, THE GRANT THORNTON FOUNDATION, THE ALLEN OVERY SHEARMAN STERLING FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE PEARS FAMILY CHARITABLE FOUNDATION | FY2024 | £80k | Core funding |
| THE GRANT THORNTON FOUNDATION | FY2025 | £20k | restricted |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | FY2023 | £7k | |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | FY2024 | £5k | |
| THE GRANT THORNTON FOUNDATION | FY2026 | — | unrestricted |