IGY FOUNDATION
Latest income
£106k
Latest spending
£5.0m
Registered
2014
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased from £32,019,714 to £42,373,814, driven by gains of £12,209,826 which offset expenditure of £2,234,716. The Foundation has committed to providing £1,100,000 in funding within one year of the balance sheet date, though no formal agreements have been reached.
What the accounts disclose
Related-party transaction: Donation to Croydon Youth Zone where a trustee was also a trustee until October 2023.
“During the year, the Foundation made donations totalling £nil (2023: £100,000) to Croydon Youth Zone, registered in England and Wales. One of the Foundation trustees was also a trustee of the Croydon Youth Zone until their retirement in October 2023.” — page 19
“During the year, the Foundation made donations totalling £205,000 (2023: £200,000) to the Harris Federation of South London Schools. One of the Foundation trustees was also a trustee of three Harris Academies until their resignation in October 2024.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donation to Harris Federation of South London Schools where a trustee was also a trustee of three Harris Academies until October 2024.
“During the year, the Foundation made donations totalling £nil (2023: £100,000) to Croydon Youth Zone, registered in England and Wales. One of the Foundation trustees was also a trustee of the Croydon Youth Zone until their retirement in October 2023.” — page 19
“During the year, the Foundation made donations totalling £205,000 (2023: £200,000) to the Harris Federation of South London Schools. One of the Foundation trustees was also a trustee of three Harris Academies until their resignation in October 2024.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- Nick Sleepchair
- Alex Montgomery
- Mark Byrne
- Serita Sleep
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?
The accounts state that unrestricted funds increased from £32,019,714 to £42,373,814, driven by gains of £12,209,826 which offset expenditure of £2,234,716. The Foundation has committed to providing £1,100,000 in funding within one year of the balance sheet date, though no formal agreements have been reached.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |