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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.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

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 (held: £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.

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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.

FunderSimilar charities fundedAmount to them
THE GENERATIONAL FOUNDATION1£500k
THE TIM HENMAN FOUNDATION1£9k

Charities like this

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

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
IGY FOUNDATION£106k—0above—no doubt
THE HARGREAVES FOUNDATION FY2025£1.3m£110,001 - £120,000—above—no doubt
W WING YIP AND BROTHERS FOUNDATION FY2024£119k—0unclear—no doubt
THE MARTYN BRACEGIRDLE CHARITABLE FOUNDATION FY2025£148k—0unclear—no doubt
THE GENERATIONAL FOUNDATION FY2024£1.4m—0unclear—no doubt
IGO FOUNDATION LIMITED FY2025£222k—0above—no doubt

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