IMPETUS - THE PRIVATE EQUITY FOUNDATION
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.
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
“Donations and grants 16,966,435” — page 29
“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
In the news
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?
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
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| UBS UK Donor-Advised Foundation | 2 | £100k |
| FONTHILL FOUNDATION | 2 | £80k |
| GOLDMAN SACHS GIVES (UK) | 1 | £2.2m |
| THE BERKELEY CHARITABLE FOUNDATION | 1 | £1.7m |
| SOCIAL BUSINESS TRUST | 1 | £844k |
| THE PERMIRA FOUNDATION | 1 | £203k |
| THE BRADLEY AND KATHERINE WICKENS FOUNDATION | 1 | £161k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £134k |
Charities like this
- IMPACT INITIATIVES
- THE INFLEXION FOUNDATION
- THE YOUNG FOUNDATION
- IMAGINE FOUNDATION
- THE JORDAN CHARITABLE FOUNDATION
- THE JIM JACKSON EDUCATIONAL AND ENABLING FOUNDATION CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | £24.1m | — | — | above | — | no doubt |
| IMPACT INITIATIVES | £3.4m | £70,001 - £80,000 | 1 | above | — | no doubt |
| THE INFLEXION FOUNDATION | £2.5m | — | 0 | above | — | no doubt |
| THE YOUNG FOUNDATION | £4.1m | — | — | above | — | no doubt |
| IMAGINE FOUNDATION | £268k | — | 0 | unclear | — | no doubt |
| THE JORDAN CHARITABLE FOUNDATION | £4.2m | — | 0 | unclear | — | no doubt |