Near East Foundation UK
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £951,601 for the year ended 30 June 2024, resulting in total funds decreasing from £2,204,814 to £1,253,213. The trustees and auditors confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. The charity holds unrestricted funds of £121,638 against total liabilities of £7,768,634, which are guaranteed by funders under the Refugee Impact Bond agreement.
What the accounts disclose
What the charity says about itself (2025)
“390,269 people supported by NEF (includes direct/indirect beneficiaries).”
“$6,159,262 in grants/loans provided support to vulnerable entrepreneurs.”
“474 civil society organizations increased their capacity.”
“73% of participants increased their household income.”
Leadership, per the charity’s website
- Rabih Yazbeck — Chief Program and Impact Officer
- Ziad Kmeid — Chief Operating Officer
- Carmen Garriga — Monitoring, Evaluation, Learning and Action Research Director
- Imran Bashir — Director of Strategic Partnerships
- Caroline Verney — VP of Global Partnerships and Executive Director, NEF Belgium
- Jonathan Peters — VP of Programs and Executive Director, NEF UK
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- ANTHONY RONALD WILLIAMSchair
- ANTHONY GERAINT WILLIAMS
- Catherine Essoyan Hopen
- MR ROBERT NEIL PALMER
- Mona Ezzeldin Eraiba
- Selase Torkornoo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £5.3m | £4.8m |
| 30/06/2024 | £3.9m | £4.9m |
| 30/06/2023 | £4.4m | £6.1m |
| 30/06/2022 | £6.9m | £4.2m |
| 30/06/2021 | £4.6m | £4.5m |
Common questions
Is Near East Foundation UK financially healthy?
The accounts state that the charity reported a net expenditure of £951,601 for the year ended 30 June 2024, resulting in total funds decreasing from £2,204,814 to £1,253,213. The trustees and auditors confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. The charity holds unrestricted funds of £121,638 against total liabilities of £7,768,634, which are guaranteed by funders under the Refugee Impact Bond agreement. Its FY2024 accounts were audited by Sumer Auditco Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| REDEEMER CHURCH CHESTER LE STREET | 1 | £9k |
| The Dentons UK and Middle East LLP Charitable Trust | 1 | £2k |
| LEADERS IN COMMUNITY | 1 | £0 |