LA FONDATION DES SAVANES OUEST-AFRICAINES
Currently obtaining endowment funding to invest to allow the charity to fulfil its objects in future years.
Financial health, per its FY2024 accounts
The accounts state that the charity holds total net assets of €107,405,201, comprising €102,128,819 in endowment funds and €5,276,382 in restricted funds. The trustees confirm that resources are adequate to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors. The charity is funded primarily by investment income and grants, having spent €1,746,760 on charitable activities during the year.
What the accounts disclose
“Ceiling of reserves = 2x(Total expenditure in years Y-1).” — page 10
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Akpedje Yisegnon Hugues Oscar LOKOSSOU
- Andrew Fowler
- Barnabe Kabore
- Brice SINSIN
- Hamadou NOUFFOU
- Mamadou BATIENE
- Martine Evelyne Adjobi DA SILVA AHOUANTO
- Oumarou SIDDO
- Rosalie OUOBA
- Servais Adjovi
- Stephanie KURSTEN-CAMARA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.4m | £1.5m |
| 31/12/2023 | £1.6m | £1.4m |
| 31/12/2022 | £393k | £1.9m |
| 31/12/2021 | £2.2m | £1.6m |
| 31/12/2020 | £4.1m | £3.7m |
Common questions
Is LA FONDATION DES SAVANES OUEST-AFRICAINES financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds total net assets of €107,405,201, comprising €102,128,819 in endowment funds and €5,276,382 in restricted funds. The trustees confirm that resources are adequate to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors. The charity is funded primarily by investment income and grants, having spent €1,746,760 on charitable activities during the year. Its FY2024 accounts were audited by Wellers Accountants.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £314k |
| THE WILFRED AND ELSIE ELKES CHARITY FUND | 1 | £24k |
Charities like this
- THE FRESHFIELD FOUNDATION
- THE VAN NESTE FOUNDATION
- MW (HO) FOUNDATION
- VARGA FAMILY FOUNDATION
- Community Foundation for Staffordshire and Shropshire
- AEONIAN FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LA FONDATION DES SAVANES OUEST-AFRICAINES | £2.4m | — | 0 | unclear | — | no doubt |
| THE FRESHFIELD FOUNDATION | £925k | — | 0 | unclear | — | no doubt |
| THE VAN NESTE FOUNDATION | £224k | — | 0 | within | — | no doubt |
| MW (HO) FOUNDATION | £207k | — | 0 | unclear | — | no doubt |
| VARGA FAMILY FOUNDATION | £337k | — | 0 | above | — | no doubt |
| Community Foundation for Staffordshire and Shropshire | £4.6m | — | — | unclear | — | no doubt |