IMPETUS - THE PRIVATE EQUITY FOUNDATION
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.
What the accounts disclose
“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
“Impetus has a wholly owned trading subsidiary, PEF Trading Limited.” — page 2
Leadership, per the charity’s website
- Claire Tracey — Executive Assistant to the CEO
- Cecilie Lehmann Gianneri — Director of Finance and Operations
- Claire Leigh — Director of Public Affairs
- Claudia R. Knights — Development Director
- Daniel Barker — Development Director
- Kerry Greaves — Director of Events
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- BILL BENJAMINchair
- Alexander Walsh
- Andrew Thoms
- Arnaud Emmanuel Frederic Bosquet
- Charles Edwards
- Christian Yannick Lucas
- Gabriele Cipparrone
- Lisa Harker
- Natasha Porter OBE
- Satwinder Singh
- Shani Zindel
- Sumit Dheir
- Tristram Leach
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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, THE APAX FOUNDATION, THE STONE FAMILY FOUNDATION, THE AIM FOUNDATION, THE ANGLO-AMERICAN CHARITY LIMITED.
Known funders
| Funder | Year | Amount |
|---|---|---|
| NPT Transatlantic Limited | FY2025 | £2.2m |
| THE APAX FOUNDATION | FY2024 | £232k |
| THE APAX FOUNDATION | FY2021 | £231k |
| THE APAX FOUNDATION | FY2023 | £231k |
| THE STONE FAMILY FOUNDATION | FY2024 | £225k |
| THE APAX FOUNDATION | FY2025 | £213k |
| THE STONE FAMILY FOUNDATION | FY2021 | £200k |
| THE STONE FAMILY FOUNDATION | FY2023 | £150k |
| THE AIM FOUNDATION | FY2023 | £90k |
| THE ANGLO-AMERICAN CHARITY LIMITED | FY2022 | £74k |
| EAST HEAD IMPACT | FY2024 | £50k |
| EAST HEAD IMPACT | FY2022 | £50k |
| THE TUIXEN FOUNDATION | FY2023 | £30k |
| THE AIM FOUNDATION | FY2025 | £30k |
| THE AIM FOUNDATION | FY2024 | £30k |
| THE LIVINGBRIDGE FOUNDATION | FY2024 | £25k |
| PRIVACY INTERNATIONAL | FY2023 | £1k |
| Evelyn Partners Charitable Trust | FY2024 | £0 |
| THE ANGLO-AMERICAN CHARITY LIMITED | FY2023 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GOLDMAN SACHS GIVES (UK) | 1 | £1.3m |
| THE BRADLEY AND KATHERINE WICKENS FOUNDATION | 1 | £161k |