IGY FOUNDATION

Registered charity 1155564 · accounts filings on the Charity Commission register · also known as JAVELINA TRUST

The charity has provided funding to a number of charities which work for the benefit of children, young people and those with disabilities.

Objects

THE OBJECTS OF THE CIO ARE: TO ADVANCE ANY PURPOSE THAT IS EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES.

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 · Grant history (this charity is a funder) · website · Get email alerts

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

Latest income

£106k

Latest spending

£5.0m

Registered

2014

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the Foundation holds unrestricted reserves of £43,557,857, which the Trustees confirm has been maintained at a level equivalent to a minimum of 12-18 months of planned expenditure. The Trustees and auditors both conclude that the Foundation has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified. Total net assets increased to £43,557,857 from £42,373,814 in the prior year, supported by significant investment gains.

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

What the accounts disclose

Reserves policy: 12-18 month's planned expenditure (reserves figure: £43.6m)

“The Foundation's policy on reserves is to hold unrestricted funds at a level equivalent to a minimum of 12-18 month's planned expenditure.” — page 5

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Donations to Harris Federation of South London Schools

“During the year, the Foundation made donations totalling £240,000 (2024: £205,000) to the Harris Federation of South London Schools. One of the Foundation Trustees was also a Trustee of three Harris Federation Academies until their resignation in October 2023. Where a potential conflict is perceived to exist, conflicted Trustees excuse themselves from voting.” — page 19

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP. Discloses 5 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.

Conflicting interests
Internal charity financial controls policy and procedures
Investing charity funds policy and procedures
Investment
Risk management
Safeguarding vulnerable beneficiaries
Trustee conflicts of interest policy and procedures

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

Grant-making is its main activity

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

Grant-making is its main activity

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

Grant-making is its main activity

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

Trustees · trustee networks

Nick Sleepchair
Alex Montgomery
Mark Byrne · trustee of 1 other charity
Serita Sleep

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

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/03/2025	£106k	£5.0m
31/03/2024	£379k	£2.2m
31/03/2023	£84k	£2.4m
31/03/2022	£60k	£3.6m
31/03/2021	£259k	£3.0m

Common questions

Is IGY FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the Foundation holds unrestricted reserves of £43,557,857, which the Trustees confirm has been maintained at a level equivalent to a minimum of 12-18 months of planned expenditure. The Trustees and auditors both conclude that the Foundation has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified. Total net assets increased to £43,557,857 from £42,373,814 in the prior year, supported by significant investment gains. Its FY2025 accounts were audited by Saffery LLP.

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.

Funder	Similar charities funded	Amount to them
ZOREYA TZEDOKOS	1	£738k
SHULEM B. ASSOCIATION LIMITED	1	£524k
BOROUGHLEA LIMITED	1	£120k
MAYHEIGHTS LIMITED	1	£80k
KH D'SATMAR LTD	1	£70k
LOCALTRENT LIMITED	1	£44k
BEIS MINCHAS YITZCHOK TRUST	1	£22k
SHAAREI RACHAMIM LIMITED	1	£18k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with IDS TRUST.

IDS TRUST income £206k
THE GITTA TANGYE TRUST income £2.5m
THE S AND Y CHARITABLE TRUST income £113k
THE 4814 TRUST income £2.3m
THE PUBLIC INTEREST FOUNDATION income £209k
CHASDEI YOEL CHARITABLE TRUST income £301k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
IGY FOUNDATION	£106k	—	0	above	—	no doubt
IDS TRUST FY2025	£206k	—	0	unclear	—	no doubt
THE GITTA TANGYE TRUST FY2025	£2.5m	—	—	unclear	—	no doubt
THE S AND Y CHARITABLE TRUST FY2025	£113k	—	0	unclear	—	no doubt
THE 4814 TRUST FY2025	£2.3m	—	0	above	—	no doubt
THE PUBLIC INTEREST FOUNDATION FY2026	£209k	—	—	unclear	—	no doubt

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