IMPETUS - THE PRIVATE EQUITY FOUNDATION

Registered charity 1152262 · accounts filings on the Charity Commission register · also known as IMPETUS, IMPETUS - PEF

Impetus transforms the lives of young people from disadvantaged backgrounds by ensuring they get the right support to succeed in school, in work and in life.We find, fund and build the most promising charities working with these young people, providing core funding and working shoulder-to-shoulder with their leaders to help them become stronger organisations.

Objects

THE CHARITY'S OBJECTS ARE TO ADVANCE ALL PURPOSES RECOGNISED AS CHARITABLE UNDER THE LAWS OF ENGLAND AND WALES AND TO PROMOTE THE EFFICIENCY AND EFFECTIVENESS OF CHARITIES AND THE PROMOTION OF THE EFFECTIVE USE OF RESOURCES FOR CHARITABLE PURPOSES.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: Westminster, London, England (from the postcode on the register)

Latest income
£24.1m
Latest spending
£52.5m
Registered
2013
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the group held total funds of £131.6m at the year end, a decrease from £158.6m the previous year, driven largely by the spend-down nature of the Youth Endowment Fund. The charity itself maintains unrestricted reserves of £7.4m, which the trustees describe as healthy, though free reserves are noted to be £0.7m after earmarking for conditional grants.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations and grants
“Donations and grants 16,966,435” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: six months operating costs and the cash cost of any office lease commitment up until the break (held: £7.4m)
“Minimum unrestricted funds being set as six months operating costs and the cash cost of any office lease commitment up until the break” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: PEF Trading Limited
“Impetus has a wholly owned trading subsidiary, PEF Trading Limited.” — page 2
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/03/2025

  • Government income: £4,869,972 — grants £4,869,972 (4); 20% of the £24,112,846 total gross income on the same return
  • Employees paid over £60,000: 33 (£60,001–£70,000: 11; £70,001–£80,000: 10; £80,001–£90,000: 5; £90,001–£100,000: 2; £100,001–£110,000: 2; £110,001–£120,000: 1; £130,001–£140,000: 1; £140,001–£150,000: 1)
  • Has a trading subsidiary
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/03/2024

  • Government income: £3,164,769 — grants £3,164,769 (3); 14% of the £22,206,602 total gross income on the same return
  • Employees paid over £60,000: 26 (£60,001–£70,000: 10; £70,001–£80,000: 8; £80,001–£90,000: 4; £90,001–£100,000: 1; £100,001–£110,000: 1; £110,001–£120,000: 1; £130,001–£140,000: 1)
  • Has a trading subsidiary
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/03/2023

  • Government income: £161,493 — grants £161,493 (1); under 1% of the £27,161,239 total gross income on the same return
  • Employees paid over £60,000: 37 (£60,001–£70,000: 18; £70,001–£80,000: 7; £80,001–£90,000: 6; £90,001–£100,000: 1; £110,001–£120,000: 4; £120,001–£130,000: 1)
  • Has a trading subsidiary
  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

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

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/03/2025)

Total income
£24.1m
Total spending
£52.5m
Cost of raising funds
£1.6m
Reserves (reported)
£131.6m
Employees
112

Reported reserves equal ~30.1 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (70% 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: 6.5% of total income — above the median for charities its size (3.7%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/03/2025£24.1m£52.5m
31/03/2024£22.2m£42.3m
31/03/2023£27.2m£42.2m
31/12/2021£20.8m£28.1m
31/12/2020£13.1m£24.9m

Common questions

Is IMPETUS - THE PRIVATE EQUITY FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the group held total funds of £131.6m at the year end, a decrease from £158.6m the previous year, driven largely by the spend-down nature of the Youth Endowment Fund. The charity itself maintains unrestricted reserves of £7.4m, which the trustees describe as healthy, though free reserves are noted to be £0.7m after earmarking for conditional grants. Its FY2025 accounts were audited by HaysMac LLP.

Who funds IMPETUS - THE PRIVATE EQUITY FOUNDATION?

Funders whose own accounts filings name IMPETUS - THE PRIVATE EQUITY FOUNDATION as a grant recipient include NPT Transatlantic Limited, National Philanthropic Trust UK Limited, THE INFLEXION FOUNDATION, THE APAX FOUNDATION, THE STONE FAMILY FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
NPT Transatlantic LimitedFY2025£2.2m
NPT Transatlantic LimitedFY2024£2.2m
NPT Transatlantic LimitedFY2023£1.5m
National Philanthropic Trust UK LimitedFY2022£800k
National Philanthropic Trust UK LimitedFY2023£800k
THE INFLEXION FOUNDATIONFY2025£580k
THE APAX FOUNDATIONFY2024£232k
THE APAX FOUNDATIONFY2021£231kSocial enterprise and relief of financial hardship
THE APAX FOUNDATIONFY2023£231kSocial mobility
THE STONE FAMILY FOUNDATIONFY2025£225kGrant payment (Related party transaction)
THE STONE FAMILY FOUNDATIONFY2024£225k
THE APAX FOUNDATIONFY2025£213kSocial mobility
THE STONE FAMILY FOUNDATIONFY2021£200k
THE STONE FAMILY FOUNDATIONFY2023£150k
THE INFLEXION FOUNDATIONFY2022£143kDonation/Grant
THE TUIXEN FOUNDATIONFY2024£110k
THE TUIXEN FOUNDATIONFY2025£105k
THE AIM FOUNDATIONFY2023£90kYoung People
THE STONE FAMILY FOUNDATIONFY2022£78k
THE WESTMINSTER FOUNDATIONFY2021£75kFunding towards accelerating the work of the Youth Employment Group.
THE ANGLO-AMERICAN CHARITY LIMITEDFY2022Unverified read£74k
THE ANGLO-AMERICAN CHARITY LIMITEDFY2021£62k
EAST HEAD IMPACTFY2022£50kCo-fund Impetus’ charitable activities.
EAST HEAD IMPACTFY2025£50kGeneral charitable activities
BC Partners FoundationFY2025£50k
EAST HEAD IMPACTFY2024£50kCo-funding charitable activities
THE AIM FOUNDATIONFY2022£35kYoung People
THE AIM FOUNDATIONFY2025£30kChildren & Young People’s Mental Health
THE AIM FOUNDATIONFY2024£30kMulti-year grant payment
THE TUIXEN FOUNDATIONFY2023£30k
THE LIVINGBRIDGE FOUNDATIONFY2024£25k
PRIVACY INTERNATIONALFY2022£20k
THE JMCMRJ SORRELL FOUNDATIONFY2021£10kpoverty alleviation
PRIVACY INTERNATIONALFY2023£1k
The Squire Patton Boggs Charitable TrustFY2021£500General Charitable Purposes
The Squire Patton Boggs Charitable TrustFY2022£200General Charitable Purposes
THE ANGLO-AMERICAN CHARITY LIMITEDFY2023amount not stated
Evelyn Partners Charitable TrustFY2024amount not statedEmployee grant support programme

Grants marked “Unverified read” were flagged by automated checks as possibly misread from the funder’s filed accounts. They are listed, but left out of the totals, counts and funder relationships this site computes.

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.

Charities like this

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

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
IMPETUS - THE PRIVATE EQUITY FOUNDATION£24.1m——above—no doubt
IMPEX MANAGEMENT FOUNDATION FY2025£30k—0above—no doubt
ESSEX YOUTH TRUST FY2025£88k—0unclear—no doubt
INSPIRE PLUS FY2025£1.2m£60,001 - £70,0001below—no doubt
INTERMISSION YOUTH FY2025£642kmore than £60,0001unclear—no doubt
ENACTUS UK FY2025£249k—0unclear—no doubt

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